Basic Terms Elaboration

Vertical Industry : is a group of similar businesses/industries

Supply Chain : is a network of suppliers, manufacturers, distributors and retailers.
Backward Linkage :a channel through which information, material, and money flows
between a firm and its suppliers and create a network of economic
interdependence

Quota
ISO 9000 standard :is a standard relate to quality management systems (ISO-
International Standard Organization/International Organization for
Standardization)
BGMEA Bangladesh Garments Manufacturers and Exporters Association.
ERP : Enterprise Resource Planning (ERP), which is basically a software
to manage manufacturing/service organization.
Efficiency : is the ratio of outputs (finished goods) and inputs (raw
materials).It is concerned with means
Effectiveness
Barcode :is a series of vertical bars of variable width that are scanned by a
laser; printed on consumer product packages to identify the item for
a computer that provides the price and registers inventory
information.
Plotter A plotter is a printing device for printing paper or any sheet. Pen is
used instead of printing head in the plotter and usually higher width
and length of printing is done.
LAN : Local Area Network (LAN) is a group of computers and
associated devices that share a common communications line or
wireless link.
EDI Electronic data interchange (EDI) is used to transfer electronic
documents or business data from one computer system to another
computer system, i.e. from one trading partner to another trading
partner without human intervention.
WTO World Trade Organization (WTO) is the only global international
organization dealing with the rules of trade between nations.
ETP Effluent Treatment Plant (ETP)
Contamination
Pollutant
GSP
Compliance
Upstream Industry
Resource
Inventory
Economics of
Scale
Economics of
Scope
TQM
ROO
RFID