A method of incentive compensation where (1) Starting with unprocessed raw materials and en... partners share collectively in savings from A measure of resource utilization efficiency defin... improvements. The concept provides an incentive to both the buying and supplier organizations to focus on continually reevaluating, reenergizing, and enhancing their business relationship. all aspects of value delivery are scrutinized, including specification design, Activities associated with filling customer orders..., inbound transportation, The process of ensuring the availability of produc..., obsolescence programs, material The ratio of usable output from a process to its i..., Predictions of how much of a product will be purch... and 1) Raw materials, work in process, finished goods,... planning, Something that has been or is being produced. performance, and What is Reverse logistics?Reverse logistics can be.... The focus is on driving out limited value cost while protecting profit margins.