Newsflash

S3CO is searching for beta testers for our Root 1.0 release.  We are almost ready to take Root WMS to market, but first we are looking for beta test sites to fine-tune our product and establish a reference base.  This way we get to finalize our WMS offering and you get the benefit of shaping the features of the final product as if you were developing it yourself.  

S3CO will offer our first few customers a substantial discount if they are willing to become references and allow visits from time to time.  We are very motivated to cultivate happy customers, so we will make sure our solution is a good fit and will do whatever we can to make you successful.

Please contact us or send us an RFP / RFQ if your organization is interested in participating.

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S3CO Warehouse and Warehousing Technology Glossary


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K

There are 336 entries in the glossary.
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Term Definition
KanbanUsed as part of a Just-In-Time production operation where components and sub-assemblies are produced based upon notification of demand from a subsequent operation.  Historically, Kanban has been a physical notification such as a card (kanban cards) or even an empty hopper or tote sent up the line to the previous operation. Kanban is actually a simplistic means of both signaling the need for inventory as well as controlling the inventory levels (by limiting kanban cards or containers).
 
Key Performance Indicator

Key Performance Indicators (KPI) are financial and non-financial metrics (measurements) used to quantify objectives to reflect the strategic performance of a process or entity. A KPI is used to assess the present state of business and to prescribe the course of action. They help an organization measure progress towards their organizational goals.

A KPI is a key part of a measurable objective, which is made up of a direction, target and timeframe. For example, in 'Increase Average Revenue per Customer from $100 to $500 by December 2007', 'Average Revenue Per Customer' is the KPI.

 
KittingA "kit" represents a preset group of items, of varying quantities, that is represented as a unique item in your supply chain.  Kitting can involve light assembly, or the picking and packing of order components and collateral materials into a "kit," or complete set of items ready to ship.
 
KPISee Key Performance Indicator
 


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