Support that is provided after the sale under warranty that supports the main offer.

The inclusion of any instructions, regulations, directives, qualifications that add to or modify the policies, conditions of an earlier order or agreement.

See OATH.

Tlie actor in, or party preferring, a petition of right.

Lat. In the civil law . A petition for pardon of a first offense; also a petition for reversal of judgment; also equivalent to “duplicatio,” which corresponds to the common […]

In English law . The name of a writ issuing out of the king’s bench or chancery for taking sureties of the peace. It is commonly directed to the justices […]

Lat. In the civil law . Punishment; corporal punishment for crime. Death was called ” ultimum supplicium ,” the last or extreme penalty.

The party supplying services or goods. Distinguished from sub-contractor or contractor. Also known as a vendor.

Goods or services that are received on deferred payment terms . Also known as supplier financing.

The assessment of new or existing suppliers on basis of their prices, delivery, production capacity , management quality, service and technical capabilities.

The confidence in the suppliers ability to deliver services or goods to satisfy the needs of the customer.

In English law . The “supplies” in parliamentary proceedings signify the sums of money which are annually voted by the house of commons for the maintenance of tlie crown and […]

An account used when any supplies are bought to carry out normal operations of business.

Goods that are used to support manufacture but don’t become part of the product such as cleaning solutions, lubricants or drill bits.

The total amount of a goods or service that is available to be purchased at any set period of time.

The complete network of bodies that are either directly or indirectly linked or dependent in serving the same customer. It will comprise the vendors of raw materials, production company, storage […]

Managing the flow of material and information in the chain of supply that will provide the highest satisfaction of customers at the least cost.

The plan used to choose the partners, capacity and the location and transport type for the chain of supply for products.

Curve on a graph with an upward trending slope showing product quantity supplied at differing price levels.

Correlation existing between price change of an item and the resulting need for less or more of the item based on demands of consumers.

Process to obtain and manage services and products needed for business operation or other organization .

The patterns associated with the processes that are used in the facility and over the distribution connections that add value by improving manufacture and delivery of products.

The probability of a loss occuring from the unavailability of the required raw materials.

The method showing the differing amounts of products that a company needs to supply that is based on different pricing points.

The reduction of production capacity of an economy caused by a reduction in availability of inputs or productivity .