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14 relations: Active destocking, Bankruptcy of Lehman Brothers, Beer distribution game, Bullwhip effect, Damped wave, Demand, Inventory, Lehman Brothers, Lehman Wave, Libor, Raw material, Stock depth, Stocks, Supply chain.
Active destocking
Active destocking in supply chain management is an active decision to reduce the inventory-to-sales ratio of a company.
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Bankruptcy of Lehman Brothers
The filing for Chapter 11 bankruptcy protection by financial services firm Lehman Brothers on September 15, 2008, remains the largest bankruptcy filing in U.S. history, with Lehman holding over in assets.
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Beer distribution game
The beer distribution game (also known as the beer game) is an experiential learning business simulation game created by a group of professors at MIT Sloan School of Management in early 1960s to demonstrate a number of key principles of supply chain management.
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Bullwhip effect
The bullwhip effect is a distribution channel phenomenon in which forecasts yield supply chain inefficiencies.
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Damped wave
A damped wave is a wave whose amplitude of oscillation decreases with time, eventually going to zero, an exponentially decaying sinusoidal wave.
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Demand
In economics, demand is the quantities of a commodity or a service that people are willing and able to buy at various prices, over a given period of time.
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Inventory
Inventory (American English) or stock (British English) is the goods and materials that a business holds for the ultimate goal of resale (or repair).
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Lehman Brothers
Lehman Brothers Holdings Inc. (former NYSE ticker symbol LEH) was a global financial services firm.
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Lehman Wave
The term Lehman Wave refers to an economy-wide fluctuation in production and economic activity, with a wavelength of between 12 and 18 months, driven by a sudden major disruption of the economic system.
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Libor
The London Inter-bank Offered Rate is the average of interest rates estimated by each of the leading banks in London that it would be charged were it to borrow from other banks.
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Raw material
A raw material, also known as a feedstock or most correctly unprocessed material, is a basic material that is used to produce goods, finished products, energy, or intermediate materials which are feedstock for future finished products.
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Stock depth
Stock depth is the total stock level build up in a supply chain, from the firm most upstream to the firm most downstream in the chain.
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Stocks
Stocks are restraining devices that were used as a form of corporal punishment and public humiliation.
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Supply chain
A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.
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