A quantity of a product processed at the same time and under the same conditions, each item being identifiable as identical for classification purposes. Batch production may involve setup processes for each batch and downtime in between the production of successive batches. The alternative is continuous production, in which there is no down time and the same output is produced continuously without interruption. See also Lot Size.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
