A Practice or Business Practice is a named and defined way to organize processes, technology, assets and/or people. OpenReference practices allow practitioners to describe a commonly understood way to organizes these processes, technology, assets and people.
A Standard Practice is the commonly accepted way to organize the processes, technology, assets and people; the entry level way with standard performance.
A Best Practice is a practice that is expected to generate better outcomes than a standard practice. Reconfiguring a process from Standard Practice to Best Practice will improve the performance of one or more metrics.
(Best) Practices are considered Terms in OpenReference.
1
- 1PBS (1-Page Business Strategy)
2
- 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
- 5PL (Fifth-Party Logistics)
A
- ABC (ABC Analysis)
- ASN (Advance Shipment Notice)
- ATO (Assemble-to-Order)
- ATP (Available-To-Promise)
- AVL (Approved Vendor List)
B
- BC (Blockchain)
- BF (Backflushing)
- BMC (Business Model Canvas)
- BOL (Bill of Lading)
C
- CKD (Complete Knock Down)
- CODP (Customer Order Decoupling Point)
- CRM(S) (Customer Relationship Management System)
- CSF (Customer Specific Forecast)
- CTO (Configure-To-Order)
D
- DAS (Dock Appointment Scheduling)
- DPL (Denied Party List)
- DRP (Distribution Requirements Planning)
- DRP-II (Distribution Resource Planning)
E
- EAS (Enterprise Application Software)
- EOQ (Economic Order Quantity)
- ERP(S) (Enterprise Resource Planning System)
F
G
- GRC (Governance, Risk & Compliance)
H
- HRM(S) (Human Resources Management System)
J
- JIS (Just-In-Sequence)
- JIT (Just-In-Time)
L
- LIMS (Laboratory Information Management System)
- LTHT (Low Tech, High Touch)
- LTMT (Low Tech, Medium Touch)
M
- MES (Manufacturing Execution System)
- MIT (Merge-In-Transit)
- MRO (Maintenance, Repair and Overhaul)
- MRP (Material Requirements Planning)
- MRP-II (Manufacturing Resource Planning)
- MTO (Make-to-Order)
- MTS (Make-to-Stock)
- Min/Max (Min/Max)
O
- OE (Order Engineering)
- OTB (Open-to-Buy)
P
- PLM(S) (Product Lifecycle Management Software)
- POD (Proof of Delivery)
- PTO (Package-to-Order)
R
S
- S&OP (Sales & Operations Planning)
- SCF (Supply Chain Finance)
- SCO (Supply Chain Outline)
- SCRM (Supply Chain Risk Management)
- SDF (Statistical Demand Forecast)
- SDG (Sustainable Development Goal)
- SFCS (Shop Floor Control System)
- SOS (Special Order Service)
- SOX (Sarbanes-Oxley Act of 2002)
V
- VMI (Vendor Managed Inventory)
W
- WMS (Warehouse Management System)
X