Supply Chain Glossary - P
- PAC
- pack-out department
- package to order
- packing and marking
- page
- pallet ticket
- panel consensus
- paperless purchasing
- parallel engineering also participative design/engineering
- parallel schedule
- parent also parent item
- parent item
- Pareto chart
- part coding and classification
- part family
- part master record also item record
- part number also item number
- part record also item record
- part standardization
- part type
- partial order
- partial productivity factor also single-factor productivity
- parts list
- parts planner also material planner
- parts requisition
- passwords
- past due order
- patent
- path convergence
- path float also float
- path
- pay for knowledge
- pay point also count point
- payback period
- payback
- PC
- PDCA
- PDM
- PE ratio
- pegged requirement
- pegging
- penetration pricing
- people involvement also employee involvement (EI)
- percent chart also
- percent completed
- percent of fill also customer service ratio
- performance appraisal
- performance benchmarking also competitive benchmarking
- performance criterion
- performance measure
- performance measurement also performance measure
- performance rating
- performance standard
- performance
- period capacity
- period costs
- periodic inventory
- periodic replenishment
- periodic review system also fixed reorder cycle inventory model
- perpetual inventory record
- perpetual inventory
- personal computer (PC) or PC
- personnel class
- PERT
- physical distribution also distribution
- physical inventory
- pick date
- picking list
- picking
- piece parts
- piece rate pay system
- piece rate
- pilot also pilot test
- pilot lot
- pilot order also experimental order
- pilot plant
- pipeline inventory also pipeline stock
- pipeline stock
- plan-do-check-act cycle also plan-do-check-action (PDCA)
- planned finish date also scheduled finish date
- planned issue receipt
- planned issue
- planned load
- planned receipt
- planned start date also scheduled start date
- planner also material planner
- planner intervention also manual rescheduling
- planner/buyer also supplier scheduler
- planning and control process
- planning bill also planning bill of material
- planning board also control board
- planning calendar also manufacturing calendar
- planning fence also planning time fence
- planning may use a form of this bill.
- planning
- plant layout
- plant within a plant also factory within a factory
- platform products
- PLC
- pledging of accounts receivable
- point-of-purchase (POP) display or POP
- point of sale (POS) or POS
- point-of-use delivery
- point-of-use inventory
- point-of-use storage
- point reporting
- policies
- policy constraint
- political environment
- POP
- population
- POS
- post-deduct inventory transaction processing also backflush
- post-release
- postponement
- potency
- PPAP
- PPB
- pre-expediting
- precedence diagram method also activity-on-node network (AON)
- predatory pricing
- predecessor activity
- predictable maintenance also predictive maintenance
- prediction
- predictive maintenance
- preferred stock
- preferred supplier
- prepaid
- prerelease
- prerequisite tree (PRT) or PRT
- present value
- prevention costs
- price analysis
- price break
- price discrimination
- price fixing
- price point
- price schedule
- price skimming
- price to earnings (PE) ratio or PE
- prima facie
- primary demand
- primary location
- primary work center
- prime costs
- prime operations
- prime rate
- principal
- principle of postponement also order penetration point
- prioritization matrix
- priority control
- priority planning
- priority
- private brand
- private carrier
- private key
- private ownership
- pro forma financial statements
- probability tree
- problem-solving storyboard
- procedure manual
- process average
- process batch
- process capability index
- process chart
- process control chart also control chart
- process controllers
- process decision program chart
- process design
- process engineering
- process flexibility
- process flow chart also flow process chart
- process flow scheduling
- process flow
- process hours
- process improvement
- process industries
- process layout also functional layout
- process list
- process stocks
- process time
- processing time, move or transportation time, and receiving and inspection time.
- procurement cycle also procurement lead time
- producibility
- product audit
- product diversification
- product engineering
- product family
- product flexibility
- product grade
- product group also product line
- product group forecast
- product layout
- product line
- product manager also brand manager
- product manager concept
- product-market-focused organization
- product-mix flexibility
- product mix
- product number also item number
- product or service liability
- product plan also market plan
- product-positioned warehouse
- product positioning
- product quality
- product segments
- product specification
- product structure record
- product tree
- production calendar also manufacturing calendar
- production card
- production cycle also manufacturing lead time
- production environment also manufacturing environment
- production lead time also manufacturing lead time
- production level also production rate
- production leveling also level production method
- production line
- production material
- production materials requisition also materials requisition
- production order also manufacturing order
- production part approval process (PPAP) or PPAP
- production process
- production release also manufacturing order
- production scheduling
- production standard
- production
- productive capacity
- productive inventory
- profit center
- profit sharing
- profitability analysis
- profitability index
- profitability
- program directive
- program manager
- program
- progress payments
- project duration
- project management team
- project model
- project network
- project phase
- project production
- project risk management
- project schedule
- project scope
- project
- projected available balance
- projected finish date
- projected on hand
- projected start date
- projection also extrapolation
- promotional product
- proprietary assembly
- proprietary data
- protection time also safety lead time
- protective inventory
- protocol
- prototype
- provisioning
- proxy
- PRT
- pseudo bill of material
- psychographics
- public key
- public ownership
- public relations
- public warehouse
- publicly traded corporation
- pull signal
- punitive damages
- purchase price variance
- purchase requisition
- purchased part
- purchasing agent
- purchasing capacity
- purchasing performance measurement also supplier measurement
- purchasing unit of measure also unit of measure (purchasing)
- purchasing
perpetual inventory
An inventory recordkeeping system where each transaction in and out is recorded and a new balance is computed.
