Supply Chain Terms Flashcards
(4 cards)
1
Q
Just-in-Time (JIT)
A
An inventory strategy that aligns material orders and deliveries with construction schedules
2
Q
Vendor Management
A
The process of managing supplier relationships, performance, and contracts
3
Q
Supply Chain Mapping
A
Documentation of the flow of goods, services, and processes in construction management
4
Q
Material Management
A
The planning, sourcing, purchasing, moving, storing, and controlling of materials
