The A-Z of Supply Management, part 3
13 September 2012
In the third in our A-Z series on key purchasing and supply management terms, Christopher Barrat, Ken Burnett and Mark Whitehead look at entries for the letters I-L
I
Idle time
Time when work is not possible because of a shortage of tools, materials or operators. Or because your computer has bombed. Again!
Indirect
Goods or materials not embodied in the final product. Could include paper for use in the office. But if...