Glossary
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T
Time to Serve
Is a Supply Chain analytical approach that identifies the lead time at various points in the Supply Chain in order to assess the total cost and service impact of lead time changes.
Total Acquisition Cost (TAQ).
The sum of all the costs to an organisation of carrying an item in stock including reorder, carrying and shortage costs.
Total Lead-time.
The total time between the decision to place a replenishment order until its availability for use. That is, the sum of Order
Lead-time, Purchasing Lead-time, Transit Time and any Goods Inward Lead-time for that replenishment order.
Traceability.
The identification of goods or material used in manufacturing or processing to enable the relevant production batch and material source to be traced in case of subsequent defects.
Transaction.
Recording of a material movement or an adjustment event that impacts on a stock position.
Transit Time.
The time taken to move goods physically between different locations in a supply chain or laterally to another facility.
Turn Around Time (TAT).
The total time taken to repair a component at the repair location, including waiting time but excluding transit time.
Two Dimensional Bar Code (2D Bar Code).
Codes in which information is placed in two dimensions and read from side to side, and up and down, by special scanning equipment and which can be read, even if partially damaged.
Acronyms | 1-10 | A | B | C | D | E | F | G | H | I | J
K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
