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Science

Supply Chain Glossary

Parent Part

    Parent Part


    Parent part:A parent part is a component of a product that is used in multiple variants of the product. For example, a car company may have one parent part for the engine that is used in all of its different models of cars. This allows the company to standardize production and reduce costs.

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    "At Liquor Barons we have an entrepreneurial mindset and are proud of being proactive rather than reactive in our approach to delivering the best possible customer service, which includes our premier liquor loyalty program and consumer-driven marketing. Given Complexica’s expertise in the Liquor industry, and significant customer base on both the retail and supplier side, we chose Complexica's Promotional Campaign Manager for digitalizing our spreadsheet-based approach for promotion planning, range management, and supplier portal access, which in turn will lift the sophistication of our key marketing processes."

    Richard Verney
    Marketing Manager, Liquor Barons
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