11st Tier
a firm that directly provides goods and/ or services to a company
22nd Tier
provides inputs directly to the 1st tier supplier
3Advance Shipment Notice (ASN)
an electronic document that provides detailed info about a pending delivery
4Aftermarket Suppliers
provide product service and support such as maintenance, repair, disposal, or recycling
5Amazon Effect
The impact exerted on both customers and competitors by Amazon, due to its on-going emphasis of developing, refining, and quickly implementing new ways of delivering solutions to customers.
6Analytics
the application of sophisticated operations research techniques to big data with the goal of IDing, interpreting, and communicating meaningful patterns in the data
7Assemble to Order
products that are produced from standard components and modules
8Basic Service
a supplier's ability to provide product ability, lead-time performance, and service reliability
9Big Data
large data sets generated by tech such as social media and IoT
10Business Model
the combination of the choices determining the customers an SBU will target, the value propositions it will offer, and the supply chain/operations management capabilities it will employ
11Business Unit Strategy
determines how a strategic business unit will compete
12Capabilities
are unique and superior operational abilities that stem from the routines, skills, and processes that the business develops
13Communications Gap
the difference between a company's actual performance and what a company communicates about its performance
14Competitive Priorities
provide a language for managers to communicate the value proposition in operational terms
15core capabilities
the skills, processes, and systems that are unique to the firm and that enable it to deliver products that are both valued by the customer and difficult for competitors to imitate
16Core Capability
a unique set of skills that confers competitive advantages to a firm, because rival firms cannot easily duplicate them
17Corporate Strategy
determines the overall mission of the firm and the types of businesses that the firm wants to be in
18Cost
the expenses incurred in acquiring and using a product
19Crowdsourcing
the process of obtaining ideas or services by soliciting contributions from a large group of people
20Customer Management
the management of the customer interface, including all aspects of order processing and fulfillment
21Customer Satisfaction
meeting or exceeding customer expectations
22Customer Service Management
the design and execution of fulfillment processes that provide customers with products and services they desire
23Customers
parties that use or consume the products of operations management processes
24Customers
partners that use or consume the products of operations management processes
25Cybersecurity
the protection of firms and their systems from the following three threats: (1) theft of data and intellectual property; (2) alteration of data; and (3) impairment or denial of process control (causing damage or breakdown of operations)
26Dematerialization
the process of transforming a tangible good into an intangible product or service, through digitization or direct service replacement
27Downstream Product Suppliers
provide enhancements to finished goods such as assembly, packaging, storage, and transportation services
28Echelon
a downstream stage of supply or consumption
29Engineer to Order
unique, customized products
30Execution
to carry out plans and initiatives in order to deliver the realized value to customers
31Feedback/measurement
to assess, communicate, and manage performance in ways that capture lessons learned and focus attention on areas needing improvement
32Fill Rate
a measure of the occurrence of stockouts over time or over multiple orders from customers
33Fit
the extent to which there is alignment between the firm's operational capabilities, its value proposition, and the desires of its critical customers
34Flexibility
an operation's ability to response efficiently to change in products, processes (including supply chain relationships) and competitive environments
35Functional Strategy
determines how the function will support the overall business unit strategy
36Innovation
both radical and incremental changes in processes and products
37Internet of Things
the network of physical devices that are embedded with sensors, software, and connectivity that enable data exchange and analysis
38Internet of Things
the network of physical devices that are embedded with sensors, software, and connectivity that enable date exchange and analysis
39Key Customers
a customer that the firm has targeted as being important to its future success
40Knowledge Gap
the gap between customers' real expectations and managers' perceptions of those expectations
41Lead Time
the amount of time that passes between the beginning and end of a set of activities
42Lead Time
the amount of time that passes between the beginning and end of a set of activities
43Lean Operation
an operation that produces maximum levels of efficiency and effectiveness using a minimal amount of resources
44Line Fill Rate
number of order lines delivered complete / total order lines
45Logistics Management
management of the movement and storage of materials at lowest cost while still meeting customers' requirements
46Make to Order
products that have similar designs but are customized during production
47Make to Stock
finished goods that are held in inventory in advance of customer orders
48Omni Channel Service
a distribution strategy in which customers can place orders and receive and return purchases in different ways
49Operational Planning
a type of planning that establishes short-term priorities and schedules to guide operational resource allocations
50Operations Management
the management of processes used to design, supply, produce, and deliver valuable goods and services to customers
51Operations Strategy
a set of competitive priorities coupled with supply chain structural and infrastructural design choices intended to create capabilities that support a set of value propositions targeted to address the needs of critical customers
52Order Fill Rate (order shipped complete)
total complete orders delivered / total orders
53Order Losers
product traits that, if not satisfied, cause the loss of either the current order or future orders
54Order Qualifiers
product traits that must be met at a certain level for the product to be considered by the customer
55Order to Delivery Date Lead Time
the time that passes from the instant the customer places an order until the instant the customer receives the product
56Order to Delivery Lead Time
the time that passes from the instant the customer places an order for a product until the instant the customer receives the product
57Order Winners
product traits that cause a customer to select one product over its competitors
58Perception Gap
the gap that exists when customers perceive performance to be different than what is actually provided
59Performance Gap
the difference between standard and actual performance
60Process
a system of activities that transforms inputs (people, \$) into valuable outputs (goods, services)
61Product Availibilty
the capacity to have a product or service present when and where it is desired by a customer
62Quality
a product's fitness for consumption in terms of meeting customers' needs and desires
63Resource and Tech Suppliers
provide equipment, labor, product and process designs, and other resources needed to support a firm's processes
64Risk Management
developing operations that anticipate and deal with problems resulting from natural events, social factors, economic issues, or technological issues
65Robotics
A branch of engineering that involves the conception, design, manufacture, and operation of robots
66Satisfaction Gap
the difference between perceived performance and the customer's performance
67Service Platform
a product designed to deliver a wide range of customizable services
68Service Reliability
ability to deliver products and services on time and error free
69Stakeholders
groups of people who have a financial or other interest in the well-being of an operation
70Standards Gap
the gap that exists when internal performance standards do not adequately or accurately reflect customer expectations
71Stock Keeping Unit (SKU)
a specific item that is independently inventoried and managed (product line)
72Stockout
an event that occurs when there is demand for an item and no inventory is available
73Strategic Business Unit (SBU)
the semi-independent organizations used to manage different product and market segments
74Strategic Planning
a type of planning that addresses long-term decisions that define the operations objectives and capabilities for the firm and its partner
75Suppliers
parties that provide inputs to operational processes
76Supply Chain
the global network of organizations and activities involved in designing, transforming, consuming, and disposing of goods and services
77Supply Chain Management
the design and execution of relationships and flows that connect the parties and processes across a supply chain
78Supply Management
the identification, acquisition, positioning, and management of resources and capabilities that a firm needs to attain its strategic objectives
79Sustainibility
Maintaining operations that are both profitable and non damaging to society or the environment
80SWOT
a strategic planning technique to help firms identify opportunities where they can develop a sustainable competitive advantage and areas where the firm is significantly at risk
81Tactical Planning
a type of planning that addresses intermediate-term decisions to target aggregate product demands and to establish how operational capacities will be used to meet them
82The Perfect Order
the notion that an order should be delivered without failure in any attribute
83The Strategic Profit Model (DuPont Model)
a model that shows how operational changes affect the overall performance of a business unit
84Tier
an upstream stage of supply
85Time to Market
the total time that a firm takes to conceive, design, test, produce, and deliver a new or revised product for the marketplace
86Timeliness
the degree to which a product is delivered or available when the customer wants it
87Total Product Experience
all the goods and services that are combined to define a customer's complete consumption experience
88Triple Bottom Line
an approach to corporate performance measurement that focuses on a company's total impact measured in terms of profit, people, and the planet
89Unit Fill Rate
total units delivered/total units ordered
90Upstream Product Suppliers
provide raw materials, components, and services directly related to manufacturing or service production processes
91Value Proposition
a collection of product and service features that is both attractive to customers and different than competitors' offerings
92Value Propositions
a statement of product and service features