Demand management Definitions

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  • D

    demand planning

    Demand planning is the process of forecasting the demand for a product or service so it can be produced and delivered more efficiently and to the satisfaction of customers.

  • Demand signal repository (DSR)

    Demand signal repository (DSR) is a database that aggregates sales data at the point of sale (POS). DSR systems capture, clean and harmonize large data sets so the data can be queried.

  • K

    Kaizen (continuous improvement)

    Kaizen is an approach to creating continuous improvement based on the idea that small, ongoing positive changes can reap significant improvements.

  • L

    lean manufacturing (lean production)

    Lean manufacturing is a methodology that focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity.

  • R

    replenishment

    Replenishment refers to the movement of inventory from upstream -- or reserve -- product storage locations to downstream -- or primary – storage, picking and shipment locations.

  • S

    supply chain management (SCM)

    Supply chain management (SCM) is the optimization of a product's creation and flow from raw material sourcing to production, logistics and delivery to the final customer.

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