Supply Chain and Operations Management Glossary (Y)
Yield management: term used in the airline industry for revenue management.
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- Supply Chain and Operations Management Glossary (A)
- Business Processes Not Streamlined: Business operates in a fiercely competitive climate
- Business Processes Not Streamlined: Managers and workers don’t have adequate tools and processes to advance the business
- Business Processes Not Streamlined: Current processes don’t help to build value in the relationships with partners, customers, employees
- Business Processes Not Streamlined: Workflows and business processes are not efficient and integrated
- Employees, customers, and partners not interconnected: The business does not have the resources to fully adapt the business management system to its specific requirement
- Employees, customers, and partners not interconnected: Connecting partners, customers, employees to business functions is complex and risky
- Employees, customers, and partners not interconnected: Connecting partners, customers, employees to business functions is complex and risky
- Employees, customers, and partners not interconnected: It is difficult to integrate sources of information and processes across the operations
- Ineffective cost control and high overhead of manufacturing operations: Managers lack reliable planning tools and comprehensive data to increase the profitability of products and processes
- Ineffective cost control and high overhead of manufacturing operations: Managers lack reliable planning tools and comprehensive data to increase the profitability of products and processes
- Ineffective cost control and high overhead of manufacturing operations: It would be hart to make manufacturing processes more efficient and flexible without disrupting them
- Ineffective cost control and high overhead of manufacturing operations: It would be hart to make manufacturing processes more efficient and flexible without disrupting them
- Ineffective cost control and high overhead of manufacturing operations: It is too difficult to track, analyze and reduce the costs of manufacturing operations
- Ineffective cost control and high overhead of manufacturing operations: It is too difficult to track, analyze and reduce the costs of manufacturing operations
- Lack of connection and collaboration between people, processes, and information: Collaboration among the company’s employee and its vendors, customers, and business partners is rudimentary and difficult
- Lack of connection and collaboration between people, processes, and information: Collaboration among the company’s employee and its vendors, customers, and business partners is rudimentary and difficult
- Lack of connection and collaboration between people, processes, and information: Forecasting, material requirements planning, capacity requirements planning, and item engineering lack access to dependable, comprehensive information and effective management tools
- Lack of connection and collaboration between people, processes, and information: Processes are not integrated with in manufacturing and manufacturing is not connected well with other lines if business
- Can’t take business to the next level with confidence: Business management solutions may not have a roadmap
- Can’t take business to the next level with confidence: Business management systems may lack effective support
- Can’t take business to the next level with confidence: Business management systems don’t adjust easily to the way people and business processes work
- Can’t take business to the next level with confidence: Return on investment in the business management systems may be low, and takes a long time to be realized
- Can’t take business to the next level with confidence: Business management solutions can be difficult and costly to implement
- Low competitiveness and poor ability to respond to demand: It is difficult to control and manage improvements or even dependable consistency of product quality
- Low competitiveness and poor ability to respond to demand: Production processes are not flexible enough to accommodate quickly changing customer needs
- Low competitiveness and poor ability to respond to demand: Production processes are not flexible enough to accommodate quickly changing customer needs
- Low competitiveness and poor ability to respond to demand: Planning and demand forecasting are too unreliable
- High Cost of Payroll
- High IT overhead and low adoption of online productivity tools
- Difficulties accessing and sharing useful information
- Difficulties accessing and sharing useful information
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- Purchasing the Wrong Mix of Merchandise
- Time and Cost to Manage Vendors and Purchases
- Risk Non-Compliance
- Time and Cost to Manage Payroll
- Late and Inaccurate Payroll
- Difficulty with Order Fulfillment
- Fines and Lawsuits
- Inventory and Order Processing
- Management Payroll
- Inventory Control Issues
- High Costs to Operate the Store
- Production Cost Increases
- Time and Cost to Support Business Units
- High Cost of Payroll
- Increased Warehouse Costs
- Difficulty Managing Employee Expenses
- Cash Flow is down
- Business Operates Inefficiently and With High Overhead and Operating Costs
- Difficult Managing Cash Flow
- Cash Flow
- Difficulty Managing Cash Flow
- Difficulty Knowing Cash Position and Managing Cash Flow
- Time to Manage the Budgeting Process
- Poor Hiring Decisions
- Time to Manage the Recruiting Process and Fill Open Requisitions
- Unable to Maximize Technician Productivity
- Low Employee Morale/Retention
- High Costs to Manage HR
- Difficulty Auditing the Books
- GL Accounts Out of Balance
- Delivering Inaccurate Financial Reports
- Difficulty Generating Accurate Financial Statements
- Customer Loyalty Low
- Time and Cost to Manage Financials
- Customer/Vendor Dissatisfaction
- Difficult Providing Cost-Effective Quality Customer Service
- Meeting Customer Service Goals
- Resources Under-Utilized
- Not Understanding the Business
- Decreasing Customer Satisfaction
- Difficulty Forecasting and Budgeting
- Increased Inventory Cost
- Failure to Meet Forecast
- Unable to Forecast Accurately
- Not Knowing Financial Position
- Too Long to Close the Books
- Difficulty Sharing Financial Data (Internally and Externally)
- Difficulty Understanding Company’s Financial Position and Trends
- Difficulty Maintaining Accurate Data and Reporting Models
- Difficulty Understanding the Company’s Financial Position and Trends
- Increased Operational Costs
- Inability to Practice and Demonstrate Responsible Financial Management
- Inability to Use Financial Management to Maintain the Focus on Service to Constituencies Today and in the Future
- Unable to Use Financial Management to Fulfill the Organizational Mission Productively
- Cost Managing Field Operations
- Inability to Direct Financial Management to Support the Focus on Service to Membership & Community
- Declining Market Share
- Increasing Bad Debt
- High Inventory Costs
- Billing Process Inefficient
- Difficulty Maintaining Reporting Models and Accurate Data from GL
- Difficulty Generating Financial Reports
- High Receivables
- Inability to Practice Responsible and Resource Effective Financial Management
- Late and Inaccurate Payments
- Difficulty Sharing Financial Information (Internally and Externally)
- Time and Cost to Manage and Reconcile Invoices and Payments
- Inaccurate Receivables
- Compliance Issues
- Difficulty Being Productive and Effective
- Difficulty Managing Inventory
- General Ledger Out of Balance
- High Costs to Support Client Applications
- Missed Ship Dates
- Receivables too high
- Inventory Costs
- Right Stuff/Right Place/Right Time
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