Glossary

Glossary

APS
Advanced Planning and Scheduling, this is the suite of planning products.
ASCP
Advanced Supply Chain Planning, this is the materials and resource planning engine.
Buyer/Planner
The person responsible for managing a specific portion of inventory. The buyers/planners do not necessarily purchase the raw materials themselves. However, their schedules generate requests for items that may require raw materials.
Dependent Demand
The need for formula items, the need generated by the manufacture of higher-level items. For example, if production of a pound of bread requires 9 ounces of flour, then a demand for 100 pounds of bread produces a dependent demand of 900 ounces of flour.
DP
Demand Planning. Oracle Demand Planning is a web-based application that enables organizations to produce unconstrained forecasts for future demand and generate tactical, operational, and strategic business plans. It captures and processes information from multiple sources and consolidates demand so that it can be summarized by item, product line, region, time, and organization.
Experimental Item
Experimental Item in OPM means that this item cannot be used in production formulas, recipes, or production batches. This type of item can only be used in laboratory formulas, recipes, and laboratory batches.
Firm Planned Order (FPO)
An order for a production batch that you definitely intend to make, but not necessarily in the immediate future. Represents a supply source for manufactured goods and a demand source for batch ingredients.
Fixed Leadtime
The leadtime that does not change as the ordered quantity changes (for example, production setup time, vendor leadtime).
Forecast
Forecast shows predicted future demand for items over time. A forecast contains information on the original and current forecast quantities (before and after consumption), the confidence factor, and any specific customer information.
Forecast Sets
Forecast Sets consist of one or more forecasts. Sets group complimenting forecasts into a meaningful whole. For example, a forecast can contain separate forecasts by region.
Independent Demand
Demand for an item based directly on open sales orders (and sales forecasts).
OPM
Oracle Process Manufacturing.
Resource Batching
Resource Batching is defined as a resource that can be processing multiple production batches or work orders simultaneously. An example of this is an annealing furnace. In many instances a furnace may have a large capacity greater than the amount of material being processed or it may take a longer amount of time to process material from one batch, than to cycle through the furnace. It is not efficient to run the furnace under loaded or wait until all of one batch is completed to fully load a furnace. To ensure full utilization and efficient use of the furnace, different production batches being produced can be loaded together into the furnace and processed.
Shop Calendar or Manufacturing Calendar
It is the statement of the valid working and nonworking days and times for a manufacturing organization.
Simulation Set
It is the entity that groups the deviations to default availability as defined by a calendar. The deviations can be of either types – addition of working time or reductions of working time. This entity does not exist in OPM.
Variable Leadtime
The leadtime that is proportional to the quantity of an order. For example, a longer leadtime may be required to produce 5000 of an item than 500.