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Terms & Acronyms

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Words, compound words or multi-word expressions that in business context are given specific meanings—these may deviate from the meanings the same words have in other contexts and in everyday language.

OpenReference Terms are based on consensus agreement of our contributors. Specific industries may give a different meaning to a Term. OpenReference intends to provide the meaning (definition) that is acceptable to a majority of industries. A reference to industry specific deviations may be included.

(Best) Practices are considered Terms in OpenReference.

1
  • 1PL (First-Party Logistics)
2
  • 214 (EDI 214 Transportation Carrier Status Update)
  • 2PL (Second-Party Logistics)
  • 2WM (Two-Way Matching)
3
  • 3PL (Third-Party Logistics)
  • 3WM (Three-Way Matching)
4
  • 4PL (Fourth-Party Logistics)
  • 4WM (Four-Way Matching)
5
  • 511 (EDI 511 Requisition)
  • 5PL (Fifth-Party Logistics)
8
  • 810 (EDI 810 Invoice)
  • 820 (EDI 820 Payment order/Remittance Advice (EFT))
  • 830 (EDI 830 Planning Schedule/Material Release)
  • 850 (EDI 850 Purchase Order)
  • 855 (EDI 855 Purchase Order Acknowledgement)
  • 856 (EDI 856 Ship Notice/Manifest (ASN))
  • 861 (EDI 861 Receiving Advice)
  • 862 (EDI 862 Shipping Schedule)
9
  • 997 (EDI 997 Functional Acknowledgment)
A
  • A2R (Acquire-to-Retire)
  • ABC (ABC Analysis)
  • ACK (Order Acknowledgment)
  • AP (Accounts Payable)
  • AR (Accounts Receivable)
  • ASN (Advance Shipment Notice)
  • ATO (Assemble-to-Order)
  • ATP (Available-To-Promise)
  • AVL (Approved Vendor List)
  • AWB (Air Waybill)
  • Air (Air Transport)
  • Appetite (Risk Appetite)
B
C
  • C-TPAT (Customs-Trade Partnership against Terrorism (C-TPAT))
  • C2C (Consumer-to-Consumer)
  • CEP (Courier Express and Parcel)
  • CFR (Cost and Freight (Destination Port))
  • CIF (Cost, Insurance and Freight (Destination Port))
  • CIP (Carriage and Insurance Paid To (Destination))
  • CKD (Complete Knock Down)
  • CLC (Customer Life Cycle)
  • CM (Contract Manufacturer)
  • COA (Certificate of Analysis)
  • COC (Certificate of Compliance)
  • CONTRL (EDIFACT Syntax and Service Report (CONTRL))
  • COO (Certificate of Origin)
  • COTD (Complete & On-Time Delivery)
  • CP (Commodity Profile)
  • CPQ (Configure, Price & Quote Software)
  • CPT (Carrier Paid To (Destination))
  • CRDD (Customer Requested Delivery Date)
  • CRM(S) (Customer Relationship Management System)
  • CRSD (Customer Requested Shipment Date)
  • CSCF (Statement of Cash Flows)
  • CSCI (Statement of Comprehensive Income)
  • CSDD (Current Scheduled Delivery Date)
  • CSF (Customer Specific Forecast)
  • CSFP (Statement of Financial Position)
  • CSSD (Current Scheduled Shipment Date)
  • CTO (Configure-To-Order)
  • Carrier (Carrier)
  • Consignor (Consignor)
D
  • D&D (Demurrage and Detention)
  • DAP (Delivered at Place (Destination))
  • DAT (Delivered at Terminal (Destination or Destination Port))
  • DC (Distribution Center)
  • DDP (Delivered Duty Paid (Destination))
  • DELJIT (EDIFACT Delivery Just-In-Time (DELJIT))
  • DESADV (EDIFACT Dispatch Advice (DESADV))
  • DFZ (Duty-Free Zone)
  • DOA (Defective On Arrival)
  • DPL (Denied Party List)
  • DRP (Distribution Requirements Planning)
  • DRP-II (Distribution Resource Planning)
  • Dates (Commonly Used Dates)
  • Demurrage (Demurrage)
  • Detention (Detention)
E
  • E-BOM (Engineering BOM)
  • EAN (International Article Number)
  • EAS (Enterprise Application Software)
  • EDI (Electronic Data Interchange)
  • EDIFACT (EDI For Administration, Commerce and Trade)
  • EOL (End-of-Life)
  • ERP(S) (Enterprise Resource Planning System)
  • ETA (Estimated Time of Arrival)
  • ETD (Estimated Time of Departure)
  • ETO (Engineer-to-Order)
  • EXW (Ex Works (Origin))
F
  • F2P (Forecast-to-Plan)
  • FAS (Free Alongside Ship (Departure Port))
  • FCA (Free Carrier (Carrier))
  • FCL (Full Container Load)
  • FEFO (First Expired, First Out (FEFO))
  • FG (Finished Goods)
  • FIFO (First In, First Out)
  • FOB (Free On Board (Departure Port))
  • FSU (Freight Status Update)
  • FTL (Full Truck Load)
  • Factoring (Accounts Receivable Factoring)
  • Standard Frameworks (Standard Frameworks)
G
H
  • H2R (Hire-to-Retire)
H cont.
  • HRM(S) (Human Resources Management System)
  • HazMat (Hazardous Materials)
I
  • I2O (Inquiry-To-Order)
  • IFRS (International Financial Reporting Standards)
  • IFTMCS (EDIFACT Instruction Contract Status (IFTMCS))
  • INCO (Incoterms)
  • INV (Inventory)
  • INVOIC (EDIFACT Invoice (INVOIC))
  • ISBN (International Standard Book Number)
  • ITO (Inquiry-To-Order)
  • IV (Invoice Verification)
  • Invoice (Invoice)
J
  • JIS (Just-In-Sequence)
  • JIT (Just-In-Time)
K
L
  • LCL (Less-Than-Container Load)
  • LIFO (Last In, First Out)
  • LIMS (Laboratory Information Management System)
  • LOLO (Lift On, Lift Off)
  • LSP (Logistics Service Provider)
  • LTL (Less-Than-Truck Load)
  • Land (Land Transport)
  • Load (Load type)
M
  • M-BOM (Manufacturing BOM)
  • MES (Manufacturing Execution System)
  • MOU (Memorandum of Understanding)
  • MPS (Master Production Schedule)
  • MRO (Maintenance, Repair and Overhaul)
  • MRP (Material Requirements Planning)
  • MRP-II (Manufacturing Resource Planning)
  • MTO (Make-to-Order)
  • MTS (Make-to-Stock)
  • Make (Make Product)
N
  • NVOCC (Non-Vessel-Owning Common Carrier)
O
  • O2C (Order-to-Cash)
  • OCSD (Original Commit Shipment Date)
  • OE (Order Engineering)
  • OP (Order Promising)
  • ORDERS (EDIFACT Purchase Order (ORDERS))
  • OSDD (Original Scheduled Delivery Date)
  • OSSD (Original Scheduled Shipment Date)
  • Order (Order)
P
  • P-BOM (Planning BOM)
  • P2P (Plan-to-Product)
  • PLC (Product Life Cycle)
  • PLM(S) (Product Lifecycle Management Software)
  • PO (Purchase Order)
  • POD (Proof of Delivery)
  • PP&E (Property, Plant & Equipment)
  • PP&S (Pick, Pack & Ship)
  • PQQ (Pre-Qualification Questionnaire)
  • PTO (Package-to-Order)
  • Payment Terms (Payment Terms)
Q
  • Q2C (Quote-to-Cash)
  • QC (Quality Control)
  • Quote (Quotation)
R
  • R2A (Risk-to-Assurance)
  • R2R (Record-to-Report)
  • RECADV (EDIFACT Receiving Advice (RECADV))
  • REQ (Requisition)
  • RFP (Request for Proposal)
  • RFQ (Request for Quote)
  • RL (Reverse Logistics)
  • RL1 (Commercial Return)
  • RL2 (Byproduct Return)
  • RL3 (Quality Control Return)
  • RL4 (Surplus Return)
  • RL5 (Warranty Return)
  • RL6 (Service Return)
  • RL7 (Recall Return)
  • RL8 (End-Of-Use Return)
  • RL9 (End-Of-Life Return)
  • RM (Raw Material)
  • RORO (Roll-On, Roll-Off)
  • Retail (Retail)
  • Risk Register (Risk Register)
  • Risk Treatment Plan (Risk Treatment Plan)
  • RosettaNet (RosettaNet)
S
  • S&OP (Sales & Operations Planning)
  • S2P (Source-to-Pay)
  • SCCS (Supply Chain Configuration Strategy)
  • SCRM (Supply Chain Risk Management)
  • SDF (Statistical Demand Forecast)
  • SDG (Sustainable Development Goal)
  • SFA (Sales Force Automation)
  • SFCS (Shop Floor Control System)
  • SKU (Stock Keeping Unit)
  • SM (Shipping Mode)
  • SO (Sales Order)
  • SOC (Order Confirmation)
  • SOD (Segregation of Duties)
  • SOLAS (Safety of Life at Sea Convention)
  • SOS (Special Order Service)
  • SOX (Sarbanes-Oxley Act of 2002)
  • SOX302 (Corporate Responsibility for Financial Reports (SOX 302))
  • SOX404 (Management Assessment Of Internal Controls (SOX 404))
  • Sample (Inspection Sample)
  • Seller (Seller)
  • Shipper (Shipper)
  • Subassembly (Subassembly)
T
  • T-DOC (Trade Documents)
  • TLC (Total Landed Cost)
  • Toller (Toll Manufacturer)
U
  • UNGHS (Globally Harmonized System of Classification and Labeling of Chemicals)
  • UNSDG (United Nations Sustainable Development Goals)
  • UPC (Universal Product Code)
V
  • VGM (Verified Gross Mass)
  • VMI (Vendor Managed Inventory)
W
  • WIP (Work-in-Process)
  • WMS (Warehouse Management System)
  • WO (Work Order)
  • Water (Water Transport)
X
  • X12 (ANSI ASC X12)
  • XDK (Cross-Docking)
Y
Z