Glossary: Terms from logistics and the supply chain

Planning | Keep the overview with the REMIRA Supply Chain Glossary!

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Predictive Analytics

Predictive analytics includes a wide range of statistical methods that analyze current and historical data to predict future, unknown events.

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Production Planning

Production planning ensures efficient execution, coordination and standardization of production processes.

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Rolling Planning

The term "rolling planning" describes a form of planning in which the planning already done is reviewed and, if necessary, updated after certain time intervals throughout the year. In other words, corporate management is adjusted to current conditions during the year. 

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Sales & Operations Planning

Sales & Operations Planning describes the holistic approach within a company in which the operational business is managed from the order intake. The process links the various business units and their individual targets with each other in order to fully exploit the existing market potential.

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