GLOSSARY of computing, management and distribution terms
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A basic glossary explaining some of the technical terms and abbreviations in 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!
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