|
TERM
|
DESCRIPTION
|
|
Direct Materials
|
Raw materials and
packaging materials directly used by the manufacturer in production and
packaging.
|
|
Logistic Unit
|
Unit of any composition
made up for the purposes of transport and/or storage and which must be managed
throughout the entire supply chain.
|
|
Maximum Stock
|
The amount able to store
at a maximum at the storage location.
|
|
Minimum Stock
|
See safety stock
|
|
Safety Stock
|
The amount necessary to
meet immediate customer demand (short term).
|
|
Substitution Item
|
The item that replaces
the original item because of not being available or successions.
|
