Manufacturing Glossary
Clear definitions for the terms that drive your shop floor. No jargon. Just what your team actually uses.
E
Economic Order Quantity (EOQ) is the ideal order size a company should purchase to minimize its total inventory costs, including holding and ordering costs.
InventoryElectronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format.
Supply ChainEngineer-to-Order (ETO) is a production method where a product is designed and manufactured only after a customer order is received.
Production ModesEnterprise Resource Planning (ERP) is a software system that integrates a company's core business functions into a single, shared database.
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