Enterprise Resource Planning (ERP) Acronyms
Acronym Extended Term
Definition
AES
Automated Export
System
The Automated Export System (AES) is the system used by U.S.
exporters to electronically declare their international exports,
known as Electronic Export Information (EEI), to the Census Bureau to help compile U.S. export and trade statistics.
AFR
Advanced Financial In Epicor, a license that enables the creation and distrution of proReporting
fessional financial reports to company stakeholders
AMM
Advanced Material
Management
In Epicor, a license that enables several functions, including the
ability to allocate and reserve materials and to perform transactions from the MES
AP
Accounts Payable
Money owed by a company to its creditors
APM
Advanced Print
Management
In Epicor, a license that allows flexible and automatic delivery of
documents to customers or suppliers
APS
Advanced Planning In Epicor, a license that allows for advanced scheduling function& Scheduling
ality
AR
Accounts Receivable
noun Money owed to a company by its debtors
ATP
Available to Promise
Available-to-promise (ATP) is a business function that provides a
response to customer order enquiries, based on resource availability. It generates available quantities of the requested product,
and delivery due dates.
B2B
Business to Business
Business to business is a type of commerce transaction that exists betweenbusinesses, such as those involving a manufacturer
and wholesaler, or a wholesaler and a retailer. Business to business refers tobusiness that is conducted between companies,
rather than between a company and individual consumers.
B2C
Business to Consumer
Business to consumer is business or transactions conducted
directly between a company and consumers who are the endusers of its products or services. Business to consumer as a business model differs significantly from the business to businessmodel, which refers to commerce between two or more businesses.
BAQ
Business Activity
Query
In Epicor, a data extraction tool used for customization and reports
BI
Business Intelligence
Business intelligence is an umbrella term that refers to a variety of
software applications used to analyze an organization's raw data.
BI as a discipline is made up of several related activities, including
data mining, online analytical processing, querying and reporting.
BOO
Bill of Operations
Bill of Operations defines the process steps you need to manufacture a finished good or subassembly
BOM
Bill of Materials
A bill of materials is a list of the parts or components that are required to build a product. The BOM provides the part number and
the quantity needed for each component.
BPM
Business Process
Management
In Epicor, a tool that allows for modification of business flows in
the application, used for customization
CAD
Canadian Dollar
the basic monetary unit of Canada
CAD
Computer-Aided
Design
CAD is mainly used for detailed engineering of 3D models and/or
2D drawings of physical components, but it is also used throughout the engineering process from conceptual designand layout of
products, through strength and dynamic analysis of assemblies
to definitionof manufacturing methods of components.
CAM
Customer Account
Manager
An account manager is a person who works for a company and is
responsible for the management of sales, and relationships with
particular customers. The account manager does not manage the
daily running of the account itself. They manage the relationship
with the client of the account(s) they are assigned to
CM
Credit Memo
A credit note or credit memorandum (memo) is a commercial
document issued by a seller to a buyer. The seller usually issues
acredit memo for the same or lower amount than the invoice, and
then repays the money to the buyer or sets it off against a balance due from other transactions.
CMI
Customer Managed An Epicor module which assists in managing inventory owned by
Inventory
the customer which is on your manufacturing site
COO
Country of Origin
CRM
Customer Relation- Customer relationship management (CRM) is a term that refers
ship Management
to practices, strategies and technologies that companies use to
manage and analyze customer interactions and data throughout
the customer lifecycle, with the goal of improving business relationships with customers, assisting in customer retention and
driving CRP
Conference Room
Pilot
CTP
Capable to Promise Capable to promise (CTP) systems enable enterprises to commit
to customer orders based on production/resource capacity (available or planned) and inventory (available or planned)
DFMEA
Design Failure
Mode Evaluation &
Analysis
Country of origin (COO), is the country of manufacture, production, or growth where an article or product comes from. There are
differing rules of origin under various national laws and international treaties.
Conference room pilot (CRP) is a term used in software procurement and software acceptance testing. A CRP may be used during the selection and implementation of a software application in
an organisation or company.
DFMEA (Design Failure Mode and Effect Analysis) is the application of the Failure Mode and Effects Analysis (FMEA) method
specifically to product/service design. An FMEA is often the first
step of a system reliability study. If involves reviwing as many
compoenents, assemblies, and subassemlies as possible to identify failure modes, and their causes and effects.
DM
Debit Memo
DMT
Data Migration Tool In Epicor, a license that enables mass import of data into Epicor
DMR
Discrepant Material In Epicor, material that fails inspection in inspection processing
Request
E10
Epicor Version 10
The latest version of Epicor ERP software
EA
Each
Unit of measure, representing how many
ECO
Engineering
Change Order
An engineering change order (ECO) is a documentation packet
that outlines the proposed change, lists the product or part(s) that
would be affected and requests review and approval from the
individuals who would be impacted or charged with implementing
thechange.
ECCN
Export Control
ECCNs are five character alpha-numeric designations used on the
Classification Num- Commerce Control List (CCL) to identify dual-use items for export
ber
control purposes. An ECCN categorizes items based on the nature of the product, i.e. type of commodity, software, or technology and its respective technical parameters.
EDI
Electronic Data
Interchange
EDI (Electronic Data Interchange) is the transfer of data from one
computer system to another by standardized message formatting,
without the need for human intervention. EDI permits multiple
companies -- possibly in different countries -- to exchange documents electronically.
EFT
Electronic Funds
Transfer
Electronic funds transfer (EFT) is the electronic transfer of money
from one bank account to another, either within a single financial
institution or across multiple institutions, through computer-based
systems and without the direct intervention of bank staff.
EPM
Enterprise Performance Management
Enterprise Performance Management (EPM) is a management field of Business Performance Management which considers the visibility of operations in a closed-loop model across all
facets of the enterprise.
EQA
Enhanced Quality
Assurance
In Epicor, a license that allows for additional quality functionality,
including inspection plans and inspection data entry
ERP
Enterprise Resource Planning
Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of
integrated applications to manage the business and automate
many back office functions related to technology, services and
human resources.
EW
Engineering Workbench
In Epicor, where part methods are built or modified
A document given to an account holder which states that the
account balance has been decreased as a result of factors other
than a cash withdrawal or a written check being cashed in. FIFO
First In First Out
"FIFO" stands for first-in, first-out, meaning that the oldest inventory items are recorded as sold first but do not necessarily mean
that the exact oldest physical object has been tracked and sold.
In other words, the cost associated with the inventory that was
purchased first is the cost expensed first.
FOB
Free on Board
including or assuming delivery without charge to the buyer's
named destination.
FUBAR
Fouled Up Beyond
All Recognition
Acroyms or slang for saying things aren't working out as expected
GL
General Ledger
A general ledger is a complete record of financial transactions
over the life of a company. The ledger holds account information
that is needed to prepare financial statements, and includes accounts for assets, liabilities, owners' equity, revenues and expenses.
Go Live
Begin transactions
in production database
Deploy
HCM
Human Capital
Management
Human capital management (HCM) is an approach to employee
staffing that perceives people as assets (human capital) whose
current value can be measured and whose future value can be
enhanced through investment.
H
100
Alpha value for one hundred
HH
Hand Held
Designed to be held in the hand "a handheld computer"
HTS
Harmonized Tariff
Schedule
The Harmonized Tariff Schedule of the United States (HTSUS),
also referred to as the Harmonized Tariff Schedule of the United
States Annotated (HTSA), is the primary resource for determining tariff(customs duties) classifications for goods imported into
the United States.
IM
Inventory Management
Information management (IM) concerns a cycle of organisational
activity: the acquisition ofinformation from one or more sources,
the custodianship and the distribution of thatinformation to those
who need it, and its ultimate disposition through archiving or deletion
IW
Information Worker
In Epicor, a license that allows Epicor access to Microsoft office
applications
KC
Knowledge Camp
In Epicor, a two day workshop in a training database that guides
the user through quote-to-cash transactions
KM
Knowledge Mentor
An additional Epicor application that allows you to create, deploy
and manage custom training contect and documentation
KO
Kick Off
A start of an activity or event. A start of an Epicor implementation
project.
M
1000
symbol for one thousand
MDPV
Maximum Daily
Production Value
The maximum amount produced during a 24 hour shift or per shift
rotation
MES
Manufacturing Execution System
An easy to use online application that allow you to enter labor or
inventory transactions from the shop floor with a simplified screen
MFG
Manufacturing
To make or fabricate something (often using machinery)
MOM
Method of Manufacturing
In Epicor a methof of manufacture is the bill of operations and the
bill of materials (MOM = BOO + BOM)
MPS
Master Production
Schedule
A Master Production Schedule or MPS is the plan that a company has developed forproduction, inventory, staffing, etc. It sets
the quantity of each end item to be completed in each week of a
short-range planning horizon. A Master Production Schedule is
the masterof all schedules.
MRB
Material Review
Board
Material Review Board dispositions material that is non-conforming or fails inspection
MRP
Material Requirements Planning
Material requirements planning (MRP) is a production planning,
scheduling, and inventory control system used to manage manufacturing processes.
MSA
Measurement System Analysis
Measurement system analysis (MSA) is an experimental and
mathematical method of determining how much the variation
within themeasurement process contributes to overall process
variability. There are five parameters to investigate in an MSA:
bias, linearity, stability, repeatability and reproducibility.
MTL
Material
a part; the matter from which a thing is made
NAFTA
North America Free The North American Free Trade Agreement(NAFTA; Spanish:
Trade Agreement
Tratado de Libre Comercio de América del Norte, TLCAN; French:
Accord de libre-échange nord-américain, ALÉNA) is an agreement signed by Canada, Mexico, and the United States, creating
a trilateral rules-based trade bloc in North America.
OLAP
Online Analytical
Processing
PPAP
Production Part Ap- The Production Part Approval Process(PPAP) is a standardized
proval Process
process in the automotive and aerospace industries that helps
manufacturers and suppliers communicate and approve production designs and processes before, during, and after manufacture
PDM
Product Data Management
Product data management (PDM) is the business function often
within product lifecycle management (PLM) that is responsible
for the management and publication of product data. In software
engineering, this is known as version control.
PFMEA
Process Failure
Mode Evaluation &
Analysis
A Process Failure Mode Effects Analysis (PFMEA) is a structured
analytical tool used by an organization, business unit, or crossfunctional team to identify and evaluate the potential failures of a
process
OLAP performs multidimensional analysis of business data and
provides the capability for complex calculations, trend analysis,
and sophisticated data modeling
PLM
Product Lifecycle
Management
In industry, product lifecycle management(PLM) is the process of
managing the entire lifecycle of a product from inception, through
engineering design and manufacture, to service and disposal of
manufactured products.
PM
Project Manager
A Project Manager is a professional in the field of Management. Project managers have the responsibility of the planning,
procurement and execution of a project, in any domain of engineering.
PO
Purchase Order
A purchase order (PO) is a commercial document and first official
offer issued by a buyer to a seller, indicating types, quantities, and
agreed prices for products or services.
POC
Proof of Concept
A proof of concept (PoC) or a proof of principle is a realization of
a certain method or idea to demonstrate its feasibility, or a demonstration in principle, whose purpose is to verify that some concept or theory has the potential of being used.
QA
Quality Assurance
The maintenance of a desired level of quality in a service or product, especially by means of attention to every stage of the process of delivery or production
RFQ
Request for Quote
A request for quotation (RFQ) is a standard business process
whose purpose is to invite suppliers into a bidding process to bid
on specific products or services. RFQ generally means the same
thing as IFB (Invitation For Bid). An RFQ typically involves more
than the price per item.
RMA
Return Material
Authorization
A return merchandise authorization (RMA), return authorization
(RA) or return goods authorization (RGA) is a part of the process
of returning a product in order to receive a refund, replacement,
or repair during the product's warranty period.
RoHS
Restriction of Haz- RoHS is the acronym for Restriction of Hazardous Substances.
ardous Substances RoHS, also known as Directive 2002/95/EC, originated in the
European Union and restricts the use of specific hazardous materials found in electrical and electronic products.
SaaS
Software as a Service
SCM
Supply Chain Man- Software as a service (SaaS; pronounced /sæs/) is a software
agement
licensing and delivery model in which software is licensed on a
subscription basis and is centrally hosted. It is sometimes referred to as "on-demand software". SaaS is typically accessed by
users using a thin client via a web browser.
SMI
Supplier Managed
Inventory
Software as a service (SaaS; pronounced /sæs/) is a software
licensing and delivery model in which software is licensed on a
subscription basis and is centrally hosted. It is sometimes referred to as "on-demand software". SaaS is typically accessed by
users using a thin client via a web browser.
An Epicor license; a means of optimizing Supply Chain performance in which the supplierr is responsible for maintaining the
customer inventory levels. The manufacturer has access to the
distributor’s inventory data and is responsible for generating purchase orders
SO
Sales Order
The Sales order, sometimes abbreviated as SO, is an order issued
by a business to a customer. A sales order may be for products
and/or services. Given the wide variety of businesses, this means
that theorders can be fulfilled in several ways.
SOA
Sales Order Acknowledgement
A seller-generated document that authorizes the sale of the specified items issued after receipt of a customer's purchase order
SOX
Sarbanes - Oxley
The Sarbanes-Oxley Act of 2002 (SOX) is anact passed by U.S.
Congress in 2002 to protect investors from the possibility of
fraudulent accounting activities by corporations. The SarbanesOxley Act (SOX) mandated strict reforms to improve financial
disclosures from corporations and prevent accounting fraud.
SRM
Supplier Relationship Management
Supplier relationship management (SRM) is the discipline of
strategically planning for, and managing, all interactions with third
party organizations that supply goods and/or services to an organization in order to maximize the value of those interactions.
SSRS
SQL Server Report- SQL Server Reporting Services (SSRS) is a server based scalable
ing Services
and extensible platform for authoring, deploying, executing and
managing reports based on a variety of data sources
SQL
Structured Query
Language
SQL (pronounced "ess-que-el") stands for Structured Query Language. SQL is used to communicate with a database. According
to ANSI (American National Standards Institute), it is the standard
language for relational database management systems.
SUB
Subcontract
In Epicor, work done by another company to complete a process
or operation step
T&E
Time and Expense
In Epicor, where you can manually enter labor or expenses (costs
for money spent on something)
TO
Transfer Order
Instructions to move materials from one location to another, typically between sites or plants
OTS
One-Time Ship To
In Epicor, a checkbox on the customer that allows ship to addresses for slaes orders, service contacts, shipments and AR
invoices which are only used once.
UAT
User Acceptance
Testing
User acceptance testing (UAT) is the last phase of the softwaretesting process. During UAT, actual software users test the
software to make sure it can handle required tasks in real-world
scenarios, according to specifications
UOM
Unit of Measure
A unit of measurement is a definite magnitude of a physical quantity, defined and adopted by convention or by law, that is used as
a standard for measurement of the same physical quantity. Any
other value of the physical quantity can be expressed as a simple
multiple of the unit of measurement
USD
United States Dollar the basic monetary unit of the United States
Vantage
Earlier version of
Epicor Software
Earlier version of Epicor Software. It was DCD then DCD Classic
AS400 then Vista, then Vantage. The core product has evloved
into present day E10 ERP
VBA
Visual Basic for Ap- Is the name of the programming language of Excel.
plications
Vista
Earlier version of
Epicor Software
A computer programming language developed by Microsoft
which allows the development of user-defined functions and the
automation of certain processes and calculations. Visual Basic
For Applications is a standard feature of Microsoft Office products.
WF
Workflow
The sequence of industrial, administrative or other processes
through which a piece of work passes from initiation to completion. In Epicor, a way to define a series of tasks required to complete activity (such as quote or engineering.)
WF
Workforce
The people engaged or available for work. In Epicor, a screen to
identify a person with a role such as salesperson or sales manager
YE
Year End
The end of the fiscal year