A bottleneck is a point of congestion in a production system that stops or severely slows down the system.
Short-term bottlenecks are temporary and usually occur due to the fact that employees are on vacation or on sick leave.
Long-term bottlenecks are built into the production protocol and are often associated with inefficient equipment or processes.
Bottlenecks, a process that creates bottlenecks, can have a significant impact on the flow of production and can drastically increase production time and cost.
Bottlenecks have a negative impact on practical production capacity, keeping it below the theoretical (ideal) capacity than usual.
Eliminating bottlenecks is the key to improving production efficiency.
Delivery Duty Paid (DDP) is a delivery contract under which the seller assumes full responsibility for transporting the goods until they reach the agreed destination.
Distribution Management manages the supply chain for the firm, from vendors and suppliers to the manufacturer and point of sale, including packaging, inventory, warehousing and logistics.
In a supply chain, a distribution network is an interconnected group of storage facilities and transportation systems that receive stocks of goods and then deliver them to customers.
Free carrier is a trade term that requires the seller of goods to deliver those goods to a specified airport, shipping terminal, warehouse, or other carrier location specified by the buyer.
Supply chain management (SCM) is a centralized management of the flow of goods and services and includes all processes that turn raw materials into final products.