Industrial

We help you discover the technical terms and acronyms of the Logistics and Supply Chain Management industry.

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Pull Strategy

Management logic of the supply chain in which the product is pulled along the distribution channel by emerging demand. Production is governed by the final demand seen in the distribution process, so the entry of raw materials is not anticipated with respect to the orders.

Pull system

System in which the customer requests the supply of goods according to their stock level and the demand they are experiencing.

Purchasing lead time

The length of time between the decision to purchase an item and when it actually comes into stock.

Push Strategy

Management logic of the supply chain in which the product is pushed along the production-distribution channel according to requirements. The progress of the production is regulated according to the forecast of requirements in the distribution system and the synchronization of growing activities.