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Sedat Onat
Apr 15, 20231 min read
FSN Analysis / FNS Analysis
It is an inventory analysis technique that classifies products according to their flow rates. It consists of the initials Fast, Slow, and No
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Sedat Onat
Apr 14, 20231 min read
DSI - Days Sales of Inventory / Average Age of Inventory
It is an inventory/financial analysis that calculates how many days the relevant stock is converted into sales/production and, therefore, th
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Sedat Onat
Apr 14, 20231 min read
VED Analysis
Initials of Vital, Essential, and Desirable Words.
Quality-based,
An important type of analysis used mainly in the health sector,
Groups pr
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Sedat Onat
Apr 14, 20231 min read
HML Analysis
H: High Price
M: Medium Price
L: Low Price
It is the price-oriented decision support analysis type of ABC Analysis.
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Sedat Onat
Apr 14, 20231 min read
Beer Game (Beer Distribution Game)
Beer Game was created in 1960 by MIT Sloan School of Management Lecturer Jay Wright Forester as a result of his System Dynamics research.
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Sedat Onat
Apr 14, 20232 min read
Bullwhip Effect / Forrester Effect (Whiplash, Whipsaw)
It is the fluctuation caused by the coordination problems of the stakeholders within the Supply Chain. MIT Sloan School of Management Lectur
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Sedat Onat
Apr 14, 20231 min read
GLN – Global Location Number
The GLN (Global Location Number), which is mostly used in E-Commerce and Pharmacies, indicates the legal entity of the related party.
While
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Sedat Onat
Apr 14, 20231 min read
COICOP - Classification Of Individual Consumption By Purpose
This code system, published by the United Nations Statistics Unit, aims to classify consumer expenditures (in which income class consumers f
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Sedat Onat
Apr 14, 20231 min read
KKS Code - Kraftwerk Kennzeichnen System / Identification Systems for Power Plants
It was created to list the equipment in Power Plants and Refineries under a single code set by a committee convened in Germany in 1970 (cons
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Sedat Onat
Apr 14, 20231 min read
HS Code – Harmonized System Code
In 1988, the World Customs Organization (WCO), member countries (184) created this code list to be used in customs procedures for purposes o
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Sedat Onat
Apr 14, 20231 min read
SIC Code - Standard Industrial Classification
It is a 4-digit system created by the USA in 1937 to keep track of economic activities in different industries.
The USA, Canada, and Mexic
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Sedat Onat
Apr 14, 20232 min read
GPC - Global Positioning Code
GPC Code Set;
The Brussels/Belgium-based GS1 Community owns it.
It is a code set that has been growing continuously since 2007 and is struct
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Sedat Onat
Apr 14, 20232 min read
UNSPSC - United Nations Standard Product and Service Code
It is a Classification Code, not an Identification Code.
It is a multisector standard
Consists of 2 digits x 4 scatter = 8 digit coding (+ O
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Sedat Onat
Apr 14, 20231 min read
Stop-Gap
In cases where sudden changes are seen, it should be taken in order to reduce the Bullwhip Effect,
Fast additional ordering,
Temporary order
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Sedat Onat
Apr 14, 20231 min read
Cross Docking
To shorten the delivery time, products from suppliers X, Y, and Z are combined as XYZ on a buyer basis without taking them into stock. It is
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Sedat Onat
Apr 14, 20231 min read
HeadHaul & BackHaul
HeadHaul is the process between the first loading point of the vehicle and the final unloading in Logistics operations.
BackHaul, on the ot
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Sedat Onat
Apr 14, 20231 min read
MilkRun
The movement of goods is a significant cost item with the lowest added value in all sectors. To minimize the said time and cash costs, compa
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Sedat Onat
Apr 14, 20231 min read
ISO 3166 - Country Coding System
It is a code system developed for use in official elements such as the license plates of countries. In this way, countries and even cities/s
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Sedat Onat
Apr 14, 20231 min read
TLC - Total Landed Cost
It is a calculation method that helps to make the right choice among the alternatives by calculating all the direct and indirect costs of a
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Sedat Onat
Apr 14, 20231 min read
SCV - Supply Chain Visibility
It is the forward and backward sharing of information between stakeholders within the supply chain in an accurate and timely manner.
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