Lexicon

Welcome to AHRMM's healthcare supply chain Lexicon. This database contains terms used throughout the healthcare supply chain field. Simply click on the link to access the entire definition.

AHRMM thanks Kate Vitasek and Supply Chain Visions for their contribution of certain terms to the Lexicon. Terms supplied by Supply Chain Visions are used with permission. Supply Chain Vision’s Glossary of Supply Chain Management Terms appears on the Council of Supply Chain Management Professionals website. AHRMM also acknowledges Michael B. Neely with Perimeter Solutions Group for his role in developing healthcare-specific terms.

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Source:
= definition provided by CSCMP
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  • Wagner-Whitin Algorithm

    A dynamic programming lot sizing model that evaluates multiple alternatives that consider period demand and production, holding, and setup costs to produce an optimal lot size that varies for each period as required.
  • Wall-to-Wall Inventory

    An inventory control technique where all inventory locations within the warehouse are counted at one time as opposed to doing a cycle count of smaller groups.
  • WAN

    See Wide Area Network
  • Warehouse

    Storage place for products. Principal warehouse activities include receipt of product, storage, shipment, and order picking.
  • Warehouse management system

    Computer software designed specifically for managing the movement and storage of materials throughout the warehouse. WMS functionality is generally broken down into the following three operations: Put away, Replenishment, and Picking. The key to these systems is the logic to direct these operations to specific locations based on user-defined criteria.
  • Warehouse Management System (WMS)

    The systems used in effectively managing warehouse business processes and direct warehouse activities, including receiving, putaway, picking, shipping, and inventory cycle counts. Also includes support of radio-frequency communications, allowing real-time data transfer between the system and warehouse personnel. They also maximize space and minimize material handling by automating putaway processes.
  • Warehouse Management System (WMS)

    The systems used in effectively managing warehouse processes and direct warehouse activities, including receiving, product put away, picking, shipping, and inventory cycle counts. Also includes support of radio-frequency communications, allowing real-time data transfer between the system and warehouse personnel. They also maximize space and minimize material handling by automating put away processes such as voice activated devices.