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Chain
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Distribution Definitions (additional definitions coming soon) Hub & Spoke - a distribution model. Stock is held at the Hub location and then sent out to the Spoke locations (DC's) when needed. This model usually allows for reduced overall inventory because the Safety Stock is mostly held at the Hub, rather than at numerous spokes. Logistics - managing and controlling the flow of goods from the source of the production to the marketplace. |
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The definitions contained on this website are the opinions
of the webmaster. Different businesses may have different definitions. Please
check numerous sources to ensure that you have the correct definitions.
SupplyChainMetric.com - an overview of various measurements used in a supply
chain.
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