Rapid Fire Glossary of Terms

Glossary of Terms: SCM means

• Supply Contract Management

• Supply Chain Management

• Supplier Competition Matrix

• Supplier Relationship Management

Glossary of Terms: MRP means

• Materials Requisition Planning

• Multiple Resource Planning

• Material Requirements Planning

• Manufacturing Request Plan

Glossary of Terms: ERP means

• Enterprise Resource Planning

• Enterprise Requirement Planning

• Enterprise Resource Program

• Enterprise Requirement Program

Glossary of Terms: JIT means

• Just In Time

• Job In Time

• Just In Task

• Job In Task

Glossary of Terms: PO means

• Planning Opportunity

• Planned Overstock

• Product OEM

• Purchase Order

Glossary of Terms: EOQ means

• Economic Order Quantity

• External Ownership Quantity

• Equal Order Quantity

• External Ownership Quantity

Glossary of Terms: T&C means (in a contract)

• Transportation and Customer

• Terms and Conditions

• Termination at the Customer

• Transport and Carrying Cost

Glossary of Terms: RFQ means

• Requirements for Quantity

• Removal for Quality

• Request for Quotation

• Relationship for Quality

Glossary of Terms: KPI means

• Key Performance Indicator

• Key Partial Intransit

• Key Partner Information

• Key Priority Instruction

Glossary of Terms: AI means

• Agreement Information

• All Information

• Artificial Intelligence

• Automated Intelligence