Glossary

Repeated test procedure that serves the selection and ongoing evaluation of suppliers and ensures that the suppliers can meet the high quality requirements.

Supplier logistic center The supplier logistics center is a joint warehouse for several suppliers or service providers in the immediate vicinity of a major customer. The contents of the warehouse remain the property of the suppliers until they are removed from storage/delivered to the customer.

Network of organizations involved in the various processes and activities of value creation in the form of products and services for the end customer.

Network of organizations involved in the various processes and activities of value creation in the form of products and services for the end customer.

Supply Chain Management is the efficient integration of processes, facilities and technologies involved in the movement of goods and services from supplier to customer. Modern supply chain management is the efficient coordination and production of products or services in the right place, at the right time and at the best cost.