Business-to-Consumer (B2C): The hundreds of e-commerceWeb sites that sell goods directly to consumers are considered B2C. This distinction is
important when comparing Websites that are B2B as the entire business model, strategy, execution, and fulfillment is different.
Business Unit: A part of an organization which is managed like a separate business with its own profit and loss financial reporting. For example, in
the General Motors group Chevrolet is a business unit.
C &F: Cost and Freight
CAE: See: Computer Aided Engineering
CAPEX: A term used to describe the monetary requirements (CAPital EXPenditure) ofan initial investment in new machines or equipment.
CAR: Corrective Action
Cargo: The subject of a shipment. The materials being carried.
CBP: Customs and Border Protection.
CBT: Computer-Based Training.
Certificate of Analysis (COA): A document, often required by an importer or governmental authorities, attesting to the quality or purity of
commodities.
CFD: Continuous FlowDistribution
CGMP: Current Good Manufacturing Practice.
Channel: 1) A method whereby a business dispenses its product via channels such as a retail or distribution channel, call center, or web-based
electronic storefront, and 2) A push technology that allows users to subscribe to a website to browse offline, automatically display updated pages on
their desktops, and download or receive notifications when website pages are modified. Channels are available only in browsers that support channel
definitions—such as Microsoft Internet Explorer version 4.0 and above.
CI: Continuous Improvement, Catalog Item
CIF: Cost, Insurance,Freight.
CLCA: Closed-loop corrective action.
CLM: Council of Supply ChainManagement Professionals.
GLN: Global Location Number
GPS: Global Positioning System.
GRN: Goods Received Note
GTM: Global Trade Management.
Hub Airport: An airport that serves as the focal point for the origin and termination of long-distance flights; flights from outlying areas are fed into
the hub airport for connecting flights.
International Air Transport Association (IATA): An international air carrier rate bureau for passenger and freight movements.
Invoice: A detailed statement showing goods sold and amounts for each. The invoice is prepared by the seller and acts as thedocument that the buyer
will use to make payment.
IS: Information Systems
ISDN: Integrated services digital network
ISO: International StandardsOrganization
Labor Management System (LMS) A software solution which provides a means of defining / documenting the most appropriate means of
performing a process or task, provides an engineered methodology for calculating standard which show how long a task should take to complete and
includes toolswhich can be used for planning activities and reporting performance against standards.
Logistics Service Provider (LSP): Any business which provides logistics services. Includes those businesses typically referred to as 3PL, 4PL, LLP,
etc. Services may include provisioning, transport, warehousing, packaging, etc.
Lot Number: Batch Number
Maturity Level: An identifiable stage, defined in terms of process features, towards achieving a mature process. Maturity levels are commonly
represented in 5 stages, for example the SEI Capability Maturity Model defines the following levels – Ad Hoc, Repeatable, Definable, Managed, and
Optimized
Net Assets: Total Net assets are calculated as Total Assets - Total Liabilities; where: The total assets are made up of fixed assets (plant, machinery
and equipment) and current assets which is the total of stock, debtors and cash (also includes A/R, inventory, prepaid assets, deferred assets,
intangibles and goodwill). The total liabilities are made up in much the same way of long-termliabilities and current liabilities (includes A/P, accrued
expenses, deferred liabilities).
Out Of Stock: The state ofnot having inventory at a location and available for distribution or for sell to the consumer (zero inventory).
P&D: Pickup and delivery.
P&P: Pick and Pass.
P2P: Path to Profitability
P2P: Peer to Peer
Pallet: The platformwhich cartons are stacked on and then used for shipment or movement as a group.Pallets may be made ofwood or composite
materials. Some pallets have electronic tracking tags (RFID) and most are recycled in some manner.
important when comparing Websites that are B2B as the entire business model, strategy, execution, and fulfillment is different.
Business Unit: A part of an organization which is managed like a separate business with its own profit and loss financial reporting. For example, in
the General Motors group Chevrolet is a business unit.
C &F: Cost and Freight
CAE: See: Computer Aided Engineering
CAPEX: A term used to describe the monetary requirements (CAPital EXPenditure) ofan initial investment in new machines or equipment.
CAR: Corrective Action
Cargo: The subject of a shipment. The materials being carried.
CBP: Customs and Border Protection.
CBT: Computer-Based Training.
Certificate of Analysis (COA): A document, often required by an importer or governmental authorities, attesting to the quality or purity of
commodities.
CFD: Continuous FlowDistribution
CGMP: Current Good Manufacturing Practice.
Channel: 1) A method whereby a business dispenses its product via channels such as a retail or distribution channel, call center, or web-based
electronic storefront, and 2) A push technology that allows users to subscribe to a website to browse offline, automatically display updated pages on
their desktops, and download or receive notifications when website pages are modified. Channels are available only in browsers that support channel
definitions—such as Microsoft Internet Explorer version 4.0 and above.
CI: Continuous Improvement, Catalog Item
CIF: Cost, Insurance,Freight.
CLCA: Closed-loop corrective action.
CLM: Council of Supply ChainManagement Professionals.
GLN: Global Location Number
GPS: Global Positioning System.
GRN: Goods Received Note
GTM: Global Trade Management.
Hub Airport: An airport that serves as the focal point for the origin and termination of long-distance flights; flights from outlying areas are fed into
the hub airport for connecting flights.
International Air Transport Association (IATA): An international air carrier rate bureau for passenger and freight movements.
Invoice: A detailed statement showing goods sold and amounts for each. The invoice is prepared by the seller and acts as thedocument that the buyer
will use to make payment.
IS: Information Systems
ISDN: Integrated services digital network
ISO: International StandardsOrganization
Labor Management System (LMS) A software solution which provides a means of defining / documenting the most appropriate means of
performing a process or task, provides an engineered methodology for calculating standard which show how long a task should take to complete and
includes toolswhich can be used for planning activities and reporting performance against standards.
Logistics Service Provider (LSP): Any business which provides logistics services. Includes those businesses typically referred to as 3PL, 4PL, LLP,
etc. Services may include provisioning, transport, warehousing, packaging, etc.
Lot Number: Batch Number
Maturity Level: An identifiable stage, defined in terms of process features, towards achieving a mature process. Maturity levels are commonly
represented in 5 stages, for example the SEI Capability Maturity Model defines the following levels – Ad Hoc, Repeatable, Definable, Managed, and
Optimized
Net Assets: Total Net assets are calculated as Total Assets - Total Liabilities; where: The total assets are made up of fixed assets (plant, machinery
and equipment) and current assets which is the total of stock, debtors and cash (also includes A/R, inventory, prepaid assets, deferred assets,
intangibles and goodwill). The total liabilities are made up in much the same way of long-termliabilities and current liabilities (includes A/P, accrued
expenses, deferred liabilities).
Out Of Stock: The state ofnot having inventory at a location and available for distribution or for sell to the consumer (zero inventory).
P&D: Pickup and delivery.
P&P: Pick and Pass.
P2P: Path to Profitability
P2P: Peer to Peer
Pallet: The platformwhich cartons are stacked on and then used for shipment or movement as a group.Pallets may be made ofwood or composite
materials. Some pallets have electronic tracking tags (RFID) and most are recycled in some manner.
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