Supply Chain Glossary – Y Letter
Description
- Yield Management: Yield management optimizes pricing and inventory to maximize revenue in industries like hospitality and airlines.
- Yard Management System (YMS): A YMS tracks and manages the movement and storage of trailers and containers in distribution yards.
- Yield Variance: Yield variance measures the difference between the expected and actual output in manufacturing processes.
- Yield Rate: Yield rate calculates the percentage of usable products produced compared to the total input.
- Yield Improvement: Yield improvement strategies aim to increase the output and efficiency of production processes.
- Yearly Demand Forecast: Yearly demand forecast predicts customer demand for products or services on an annual basis.
- Yard Spotter: A yard spotter is a specialized vehicle used to move trailers and containers within a distribution yard.
- Yield Analysis: Yield analysis assesses the factors affecting production yield and identifies areas for improvement.
- Yield Loss: Yield loss represents the products or materials that do not meet quality or specification standards.
- Yield Monitoring: Yield monitoring tracks and reports on the performance of production processes in real-time.
- Yard Operations: Yard operations involve the management and coordination of activities within a distribution yard.
- Yield Management Software: Yield management software helps businesses optimize pricing and revenue strategies.
- Yield Optimization: Yield optimization strategies aim to improve product output while minimizing waste and defects.
- Year-End Inventory: Year-end inventory refers to the physical count of inventory at the end of a fiscal year.
- Yield Improvement Plan: A yield improvement plan outlines actions and measures to enhance production yield.
- Yard Layout Design: Yard layout design organizes the configuration and flow of a distribution yard for efficiency.
- Yield Reporting: Yield reporting provides data on production yield for analysis and decision-making.
- Yield Trend Analysis: Yield trend analysis identifies patterns and trends in production yield over time.
- Yard Management Software (YMS): YMS software streamlines the management and tracking of yard operations.
- Yield Enhancement: Yield enhancement techniques aim to increase the overall quality and quantity of output.
- Yield Prediction: Yield prediction uses historical data and modeling to forecast production yields.
- Yield Improvement Initiatives: Yield improvement initiatives focus on projects and actions to enhance product output.
- Yield Loss Reduction: Yield loss reduction strategies aim to minimize product defects and waste.
- Yearly Production Plan: Yearly production plans set targets and objectives for manufacturing output over a year.
- Yard Capacity Optimization: Yard capacity optimization maximizes the use of space and resources within distribution yards.
- Yield Analysis Tools: Yield analysis tools assist in assessing and improving production yield.
- Yield Tracking System: Yield tracking systems monitor and record production yield data for analysis.
- Yard Operations Management: Yard operations management involves planning and coordinating activities in distribution yards.
- Yield Performance Metrics: Yield performance metrics measure the effectiveness of production processes in achieving target yields.
- Yield Maximization Strategies: Yield maximization strategies aim to achieve the highest possible output with existing resources.