A supplier-customer relationship where specified quality and packaging requirements are met before the product is released. The product is then received directly into the customer's inventories. See: point-of-use inventory, stockless purchasing....
A group of subassemblies and/or parts that are put together and that constitute a major subdivision for the final product. An assembly may be an end item or a component of a higher-level assembly.
The total elapsed time of a technology transfer beginning with a scientific investigation and ending when the profits from a new product offset the cost of its development.
Continuous replenishment where the manufacturer is responsible for managing the inventory of standard merchandise and the retailer manages promotional items.
Organization in which groups of directors, executives, and managers with a diversity of skills and backgrounds work on problems outside the bounds of their functional responsibilities. See: integrated enterprise....