SCM Terminology
DBR (Drum Buffer Rope) Theory
Metaphoric example to understand the flow of a supply chain. A concept of increasing throughput by adjusting buffers by a rope and controlling speed by a drum.
ECR (Efficient Consumer Response)
Strategic concept created by the processed food distribution industry in the U.S. aiming to recover competitive strength. Whether a company can survive depends on whether the company can provide customers with higher values.
JIT (Just-in-Time)
MRP (Material Requirements Planning)
VMI (Vendor Managed Inventory)
