Supply Chain Glossary – T Letter

Description

• Total Quality Management (TQM): TQM is a management philosophy that focuses on continuous quality improvement in all aspects of operations.
• Third-Party Logistics (3PL): 3PL providers offer logistics and supply chain services, including transportation and warehousing, to businesses.
• Time-to-Market (TTM): TTM measures the time it takes to develop and launch a new product or service into the market.
• Track and Trace: Track and trace systems use technology to monitor the movement and location of products in the supply chain.
• Transshipment: Transshipment involves transferring goods from one mode of transportation to another during their journey.
• Technology Adoption: Technology adoption assesses the integration and utilization of new technologies in operations and supply chain.
• Total Cost of Ownership (TCO): TCO considers all costs associated with a product or asset over its entire lifecycle.
• Transportation Management System (TMS): A TMS optimizes transportation operations, including route planning and carrier selection.
• Trade Compliance: Trade compliance ensures adherence to import and export regulations and customs requirements.
• Tooling Management: Tooling management oversees the maintenance and availability of tools used in manufacturing.
• Time Series Analysis: Time series analysis examines historical data to identify patterns and trends over time.
• Transportation Optimization: Transportation optimization minimizes costs and improves efficiency in the movement of goods.
• Temperature-Controlled Storage: Temperature-controlled storage maintains specific temperature conditions for storing sensitive products.
• Technical Specifications: Technical specifications outline detailed requirements for products or components in manufacturing.
• Trade-off Analysis: Trade-off analysis evaluates the balance between different factors, such as cost, quality, and time.
• Third-Party Inspection: Third-party inspection verifies the quality and compliance of products or processes by independent inspectors.
• Truckload (TL) Shipping: TL shipping involves transporting a full truckload of goods, typically over long distances.
• Transaction Cost Analysis (TCA): TCA assesses the costs associated with procurement, including negotiation and contract management.
• Traceability System: Traceability systems enable the tracking of products from source to destination for quality and safety.
• Traffic Management: Traffic management optimizes the flow of vehicles and goods in transportation networks.
• Trade Finance: Trade finance provides funding and financial services for international trade transactions.
• Total Productive Maintenance (TPM): TPM aims to maximize the operational efficiency and reliability of manufacturing equipment.
• Time-Based Competition: Time-based competition emphasizes speed and responsiveness in delivering products to customers.
• Terminal Operations: Terminal operations involve the handling and processing of goods at transportation terminals.
• Test and Inspection: Test and inspection ensure product quality and compliance with specifications through rigorous evaluation.
• Technological Advancements: Technological advancements refer to innovations and improvements in manufacturing and supply chain technologies.
• Transaction Processing: Transaction processing manages the recording and handling of business transactions efficiently.
• Trade Facilitation: Trade facilitation simplifies and streamlines international trade procedures and documentation.
• Total Lead Time: Total lead time calculates the time required for a product to move through the entire supply chain.
• Third-Party Warehousing: Third-party warehousing provides storage and distribution services by external warehouse providers.
• Transportation Cost Analysis: Transportation cost analysis evaluates the expenses associated with shipping and logistics.