Shipping Terms
Commonly Used Terms
Click on the term below and get an explanationUnderstand what the shipping terms means
Activity Based Planning (ABP)
Activity-based planning (ABP) is an ongoing process to determine activity and resource requirements (both financial and operational) based on the ongoing demand of products or services by specific customer needs. Resource requirements are compared to resources available and capacity issues are identified and managed. Activity-based budgeting (ABB) is based on the outputs of activity-based planning.
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