17:33 Jul 14, 2009 |
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English to Chinese translations [PRO] Bus/Financial - Business/Commerce (general) / in HK Chinese | |||||||
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3 | tracking about = (on a graph, over time) the plot line moves up and down around this point |
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Definition of " |
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tracking about = (on a graph, over time) the plot line moves up and down around this point Explanation: my understanding: tracking about = (on a graph, over time) the plot line moves up and down around this point My understanding: '79% reliability of delivery' should mean that 79% of orders can be delivered out of the warehouse stock-on-hand, but 21% have to go on back-order to be supplied later when more stock comes in (or something like that) |
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17 mins |
Reference: Definition of " Reference information: “Supply chain reliability is defined as the probability of the chain meeting mission requirements to provide the required supplies to the critical transfer points within the system.” http://74.125.153.132/search?q=cache:S44tVaWh65QJ:supernet.s... -------------------------------------------------- Note added at 23 mins (2009-07-14 17:56:20 GMT) -------------------------------------------------- A certain quantity of inventory should be kept for a certain product so that the product will be available to customers upon request. However, if the quantity of inventory stored is too high, then the storage costs will become higher. In order to cut costs, product inventory is usually reduced to a reasonable quantity that the product is available to customers upon request and the product will not become out of stock (not reliable in supply chain). Therefore, there is a tradeoff between inventory reduction and supply chain reliability. The more inventory kept, the higher the costs in storage and the higher the supply chain reliability. On the contrary, the less inventory kept, the lower the costs in storage and the lower the supply chain reliability. |
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