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Supply Chain Glossary of Terms

Logistics Bureau

Action Message: An alert generated by a materials requirement planning (MRP) or distribution requirements planning (DRP) system. Studying best practices provides the greatest opportunity for gaining a strategic, operational, and financial advantage. ACS: Automated commercial systems, or A.C.S is the primary digital system used by U.S.

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Boeing: The Turning Point(s)

The Lean Thinker

With the justification aside, they next had us go through exercises calculating net present value and ROI for a hypothetical capital investment in tooling – as though a shop floor supervisor would do this at any point in the course of their job. These study missions were quite eye-opening for the participants.