360 ERP: Making it Happend

PEGGING In MRP pegging shows, for a given item, the details of the
sources of its gross requirements and/or allocations. Pegging can be
thought of as live where-used information.
PERIOD ORDER QUANTITY An order quantity technique in which the order
quantity will be equal to the net requirements for a given number of
periods (days or weeks) into the future. Also called days supply, weeks
supply, fixed period.
PICKING The process of issuing components to the production floor on a
job-by-job basis. Also called kitting.
PICKING LIST A document used to pick manufacturing orders, listing the
components and quantities required.
PLANNER/BUYER See Supplier Scheduler.
PLANNING BILL (OFMATERIAL) An artificial grouping of items in bill of
material format, used to facilitate master scheduling and/or material
planning. A modular bill of material is one type of planning bill.
PLANT FLOOR CONTROL A system for utilizing data from the plant
floor as well as data processing files to maintain and communicate status
information on shop orders (manufacturing orders) and work centers.
The major subfunctions of shop floor control are: 1) assigning
priority of each shop order, 2) maintaining work-in-process quantity
information, 3) conveying shop order status information, 4) providing
actual input and output data for capacity control purposes, 5) providing
quantity by location by shop order for work-in-process inventory
and accounting purposes, 6) providing measurements of efficiency, utilization,
and productivity of manpower and machines. Syn: Shop Floor
Control.
POST-DEDUCT INVENTORY TRANSACTION PROCESSING A method of inventory
bookkeeping where the book (computer) inventory of components
is reduced only after completion of production of their upper level
parent. This approach has the disadvantage of a built-in differential between
the book record and what is physically in stock. Also called backflush.
PRODUCT STRUCTURE See Bill of Material.
PULL SYSTEM Usually refers to how material is moved on the plant floor.
Pull indicates that material moves to the next operation only as needed
by that next operation. See Kanban.
PUSH SYSTEM Usually refers to how material is moved on the plant floor.
Push indicates that material moves to the next operation automatically
upon completion of the prior operation.
QUEUE In manufacturing, the jobs at a given work center waiting to be
processed. As queues increase, so do average lead times and work-inprocess
inventories.