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Supply Chain Software Acronyms & Glossary

 

Supply Chain Software Acronyms

3PL – Third Party Logistics Provider

ASN – Advance Ship Notice

ATP – Available to Promise

BOL – Bill of Lading

CTP – Capable to Promise

CRM – Customer Relationship Management

CRP – Conference Room Pilot

CPRF – Collaborative Planning, Replenishment and Forecasting

EAI – Enterprise Application Integration

EDI – Electronic Data Interchange

EPC – Electronic Product Code

ERP – Enterprise Resource Planning Software

HR – Human Resources

KPI – Key Performance Indicator

LPN – License Plate Number

LTL – Less than a Truck Load

MES – Manufacturing Execution System

MRP – Material Requirements Planning (MRP II 2nd Generation MRP)

PLM – Product Lifecycle Management

PM - Project Manager

PMP – Project Management Professional

PO – Purchase Order

POD – Proof of Delivery

QA – Quality Assurance

RDC - Regional Distribution Center

RFID - Radio Frequency Identification

S&OP – Sales and Operational Planning

SaaS – Software as a Service

SCE – Supply Chain Execution

SCM – Supply Chain Management

SCP – Supply Chain Planning

SME – Subject Matter Expert

SNP - Supply Network Planning

SOA – Service Oriented Architect

SRM – Supply Relationship Management

TMS – Transportation Management System

UCC – Uniform Commercial Code

UPC – Universal Product Code

VICS – Voluntary Industry Commerce Solutions

VMI – Vendor Managed Inventory

WMS – Warehouse Management System

Supply Chain Software Glossary

Advance Ship Notice (ASN) – EDI documents sent by the supplier and used by the customer for planning receipts and auto-identification.

Auto-Identification – Allows for a container or product to be automatically identified, without being manually keyed into a system, by either a bar code reader or RFID reader.

Causal Effects – Demand drivers that affect normal trends, such as weather, economy and promotions.

Causal Forecast – Typically a causal forecast is a judgment on an expected event that will affect demand such as a promotion.

Electronic Product Code (EPC) – A standard product code format for RFID established by GS1. GS1 is a joint venture between EAN International and GS1 US (formerly UCC).

Gap Analysis – Process of identifying gaps between a vendor’s software and an organization’s requirements. The Gap Analysis is used as a tool in selecting a vendor and is used as input into planning the software implementation.

House of Quality – A six Sigma is a data gather and research technique for determining customer needs and requirements, weighted in importance.

Kanban – A visual system used in manufacturing to trigger a replenishment of inventory.

Kit – Goods that requires some assembly before being shipped.

Kitting – The process of assembling kit goods. Also called a value added service.

License Plate Number (LPN) – Unique container identifier; also can be the same as the auto-identifier.

Order-Up-To - Calculated inventory level used to determine how much to order when replenishing inventory. The Order-Up-To level is a calculation based on carrying and order cost.

Pat-A-Way – Inbound process of putting goods into a storage location. Typically put-a-ways are based on user defined rules, such as storage requirements or pick requirements.

Picks – The process of retrieving goods from storage for outbound shipments. Typically, pick types are based on user selection, such as batch, Wave, Zone, Bulk, and Order.

Pick Ticket – Work order used by warehouse personnel to pick goods for outbound shipments.

Postponement Strategy – A strategy used for managing products with uncertain or unpredictable demand. The objective is to delay the manufacturing, assembly, or packaging as long as possible. An example would be a car dealer ordering cars without certain options and then adding options based on customer requirements.

PMP Certification – Project management professional certification and is accredited by ANSI and recognized by ISO.

Re-Order-Point – An inventory level that triggers the system to generate a replenishment order. The calculation for determining the Re-Order-Point is based on lead times and days of supply.

RFID – Radio Frequency Identifier technology that applies RFID tags to containers and products that can be scanned by a RFID reader for auto-identification.

Safety Stock – Reserve inventory to protect against out of stock conditions. Factors that go into calculating safety stock levels are desired customer service levels, the volatility and length of lead times, demand volume and variation in demand.

SCM Partners – A broad category of partners that include joint ventures, outsourcing and partnerships.

Scope Creep – Project management term used to describe a project situation where deliverables are added to the project not included of the project plan.

Service Oriented Architect (SOA) – A business software platform that has services for integration, business rules, process flow, data management and other common functionalities to be configurable instead of hard coded into the software.

Six Sigma – A management philosophy, Lean Six Sigma focuses on eliminating waste and redundancy, and Six Sigma Black Belt that focuses on the elimination of defects.

Slotting – Warehouse planning to optimize storage locations.

Stakeholder Analysis - A process where individuals affected by an action are categorize according to how they can affect the outcome and how the outcome can affect them. This information is used to assess how the interests of those stakeholders should be addressed.

Uniform Commercial Code (UCC) – Commerce standards including container labels and barcode standards. Universal Product Code (UPC) – Barcode standard used to track items.

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Supply Chain Software Guide

 

 

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