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The Educational Society for Resource Management; founded in 1957 as the American Production and Inventory Control Society.

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Arbitration, a form of alternative dispute resolution (ADR), is a legal technique for the resolution of disputes outside the courts, wherein the parties to a dispute refer it to one or more...

Artificial Intelligence is the study of man-made computational devices and systems which can be made to act in an "intelligent" way.

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The use of a capital good to a narrow purpose. Asset specificity applies to capital designed to have a single function, or labor trained to perform a single task, and has its limited uses because...

A supplier that meets a predefined set of qualification characteristics, quality standards, prior proven performance or other selection criteria.

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see Approved Supplier List

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A written modification to a contract or purchase order or other agreements.

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