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Science

Supply Chain Glossary

Availability

    Availability


    Availability:The term availability refers to the proportion of time that a system, process, facility, or equipment is in operation and available for use. It is usually expressed as a percentage of the total time that the system is in operation. For example, if a machine is available for use 80% of the time, its availability is said to be 80%.

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    "Following a successful proof-of-concept earlier this year, we have selected Complexica as our vendor of choice for standardizing and optimising our promotional planning activities. Complexica’s Promotional Campaign Manager will provide us with a cloud-based platform for automating and optimising promotional planning for more than 2,700 stores, leading to improved decision-making, promotional effectiveness, and financial outcomes for our retail stores."

    Rod Pritchard
    Interim CEO, Metcash - Australian Liquor Marketers
    $3.4 billion in revenue
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