20 records found for V
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  • Value Added ProductivityThe term 'value added productivity' is the total product revenue less total material purchases.
  • Value Chain IntegrationThis is the second of the four stages on the e-business Adoption Curve. It involves extending an organization's processes via intranets, extranets, and the Internet to create ...
  • Value of transfersValue of transfers is the total dollar value of the moving of inventory from one stage into the next; such as the cost of advancing raw material from WIP to finished goods and ...
  • Value SellingThe term 'value chain' is used to describe the core processes of an organization in a generic manner. It is the complete view of the entire chain of events from the supplier's ...
  • Variable costVary with changes in the activity level of a business. Examples of variable costs are direct materials, piece rate labor, and commissions.
  • Variance AnalysisVariance analysis compares the differences between actual, standard, and budgeted amounts in relation to the production of a product.
  • Variance Reporting and ControlThe activity of reporting and monitoring differences between actual, standard, and budgeted amounts in relation to the production of a product.
  • Vendor Managed Inventory Vendor Managed Inventory is the ratio of the number of stocked items (measured as individual stock keeping units – SKUs) that are managed by the vendor or supplier to the total ...
  • Vendor Managed Inventory (Replenishment)Vendor-managed inventory (VMI) refers to any practice that involves cooperation between supply chain partners to control inventories in customers' distribution centers. The ...
  • Vendor-Managed InventoriesVendor-managed inventory (VMI) is an arrangement between a customer and supplier whereby the supplier takes responsibility for keeping the customer's stock at a predetermined ...
1 – 10 of 20 Results