have attempted to test Porters theory of generIc strategy and link it to performance, but the results vary. Simlarly, it is easy to believe that a firm cannot be successful without certain resources and/or apabilities Efforts have been made to test the resource-based theory and to ue capabilities to firm performance, again with varying results These two theories and related research streams have
SUPPLY CHAIN VISIONS LOGISTICS TERMS and GLOSSARY Updated October 2003 ABB: See Activity Based Budgeting ABC: See Activity Based Costing ABC Classification: Classification of a group of items in decreasing order of annual dollar volume or other criteria. This array is then split into three classes called A, B, and C. The A group represents 10-20% by number of items and 50-70% by projected dollar volume. The next grouping, B, represents about 20% of the items and about 20% of the dollar volume. The