Examlex
In "drum, buffer, rope," the __________ acts like kanban signals.
Bullwhip Effect
A phenomenon in supply chain management where small variations in demand at the retail level cause increasingly larger variations in demand at the wholesale, distributor, and manufacturer levels.
CPFR
Collaborative Planning, Forecasting, and Replenishment, a business practice where supply chain partners share information and resources to better predict demand and optimize supply.
Technology
The application of scientific knowledge for practical purposes, especially in industry.
Replenishment Lead Time
The time interval between placing an order and receiving the stock, crucial for inventory management.
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