GLOSSARY of computing, management and distribution terms

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A basic glossary explaining some of the technical terms and abbreviations in ERP and distribution used on this site

COMPUTING

Abbreviation	Description
TCO	Total cost of ownership, expressed in € per user and made up of the sum of the costs of the project: licences, external training, users’ time spent in gauging needs, maintenance and updating of licences one year on, divided by the number of users (if the licences are granted per simultaneous user, then this reduces the TCO). TCO levels: <€1,500/user : excellent, between €1,500 and €2,500: fair, above €2,500: could do better!
ERP: Enterprise Ressource Planning	made up of 3 big computing modules: CAMM, commercial management and analytical compatability
CAMM	Computer Assisted Management and Manufacturing
MES	Manufacturing Execution System
WMS	Warehouse Management System
EDI	Electronic Data Interchange
CRM	Customer Relationship Management

LOGISTICS

Abbreviation	Description
ABM	Activity Based Management
JSM	Joint Supply Management
VMI	Vendor Managed Inventory
CMI	Co-Manages inventory
MultiPick	Logistics system allowing collection from several different points of loading for just one delivery location
MultiDrop	Logisitics system allowing loading to happen in one place for multi delivery points
Crossdocking	Redistribution of a load for several means of delivery

to be completed: we welcome your suggestions!