> The right source for reference ERP definitions would be APICS

FWIW, the APICS dictionary seems to have the following partial definitions, 
which helps somewhat:


> parts requisition:
> An authorization that identifies the item and quantity required to be 
> withdrawn from an inventory. Syn: requisition. See: purchase requisition.
> 
> procurement lead time
> The time required to design a product, modify or design equipment, conduct 
> market research, and obtain all necessary materials.
> Lead time begins when a decision has been made to accept an order to produce 
> a new product and ends when production
> commences.
> 


------------------------
Olivier Dony
OpenERP/Tiny Belgium




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