- OEE
- Overall Equipment Effectiveness — availability × performance × quality, rolled into one figure for how well a line is really running.
- BOM
- Bill of Materials — the full list of parts and quantities that go into making a finished product.
- Routing
- The sequence of operations and work centres a product passes through on its way to being finished.
- Work order
- An instruction to make a specific quantity of something, against which output, time and materials are tracked.
- ASN
- Advance Shipping Notice — a heads-up of what's arriving in a delivery before it lands, so goods-in can prepare.
- Fill rate
- The share of ordered items shipped complete and on time — a core measure of how well you serve customers.
- Lead time
- The elapsed time from an order being placed to it being fulfilled.
- Cycle time
- How long one unit takes to move through a process or operation.
- Scrap rate
- The proportion of production rejected as unusable — a direct drag on yield and margin.
- Stock on hand
- The quantity of an item physically available right now, as opposed to allocated or on order.
- ERP
- Enterprise Resource Planning — software that joins up the core of a business: orders, stock, purchasing, production and finance.
- Back-order
- An order, or part of one, that can't be fulfilled from current stock and is owed to the customer.