rhochrematics

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English

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Alternative forms

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Noun

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rhochrematics (uncountable)

  1. The science of how materials and information flow from the raw state though manufacturing, inventory management, marketing, and distribution.
    • 1965, George Schwartz, Science in marketing, page 363:
      More specifically, the proponents of rhochrematics are interested in minimizing the cost of materials movement throughout the enterprise's operating system.
    • 1967, “Montreal's Rx For Production Ills: Rhochrematics”, in Modern Materials Handling, volume 22, page 125:
      A good dose of rhochrematics can cure many production ills, prescribed a Montral panel in October.
    • 1974, Management Services - Volume 18, page 35:
      'Rhochrematics is not so much a technique but more a way of life, to paraphrase a well known saying,' said Mr Phillips when addressing the members on 6 November.