Supply Chain Management Acronyms Flashcards

Supply Chain Management Acronyms

1
Q

SCM

A

Supply Chain Management

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2
Q

MRP

A

Material Resource Plan

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3
Q

DRP

A

Distribution Requirements Plan

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4
Q

ERP

A

Enterprise Resource Plan

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5
Q

MPS

A

Master Production Schedule

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6
Q

CPFR

A

Collaborative Plan For Resources

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7
Q

MSP

A

Master Supply Plan

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8
Q

RFQ

A

Request for Quotes

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9
Q

RFP

A

Request for Pricing (Proposal)

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10
Q

DC

A

Distribution Center

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11
Q

WMS

A

Warehouse Management System

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12
Q

RFID

A

Radio Frequency Identification

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13
Q

SKU

A

Stock Keeping Units

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14
Q

MRO

A

Maintenance Repair and Operating

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15
Q

JIT

A

Just in Time

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16
Q

SMI

A

Supplier Managed Inventory

17
Q

M&SO

A

Manufacturing and Service Operations

18
Q

BOM

A

Bill of Materials

19
Q

ETO

A

Engineer to Order

20
Q

MTO

A

Make to Order

21
Q

ATO

A

Assemble to Order

22
Q

MTS

A

Make to Stock

23
Q

TMS

A

Transportation Management System

24
Q

3PL

A

Third Party logistics Provider

25
Q

CRM

A

Customer Relationship Management

26
Q

RMA

A

Return Material Authorization