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Supply Chain and Logistics Terms and Glossary
Yard Management System (YMS): A system which is designed to facilitate and organize the coming, going and staging of trucks and trucks with trailers in the parking "yard" that serves a warehouse, distribution or manufacturing facility.
Yield: The ratio of usable output from a process to its input.
YMS: See Yard Management System
Yokoten: A term Toyota adopted to capture the idea of horizontal transfer of information and knowledge across an organization. Yokoten is a two-way street, requiring proactive effort from both those acquiring and developing the knowledge and those who could benefit from greater understanding of the requirements for success.
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Definitions compiled by Supply Chain Visions, Bellevue, WA, www.scvisions.com. Updated May 2009.
Please note: The Center for Value Chain Research (CVCR) does not take responsibility for the content of these definitions, nor does the CVCR endorse these as official definitions except as noted.