P.J. Transpack (Thailand) Co. Ltd.

Supply Chain Logistics Acronyms and Term

ABM:	Activity Based Management	LIFO:	Last In First Out ;
ABC:	Activity Based Costing	MPS:	Master Production Schedule
AOM:	Advanced Order Management	MRO:	Material Repair and Overhaul
APS:	Advanced Planning Systems	MRP:	Material Requirement Planning
ASP:	Application Services Provider	MRPII:	Manufacturing Resource
ATP:	Available to Promise	NIFO:	Next In First Out
BPR:	Business Process Reengineering	OMS:	Order Management System
BOM:	Bill of Materials	POS:	Point of Sale
CMI:	Co-Managed Inventory	QR:	Quick Response
CRP:	Capacity Requirements Planning	RMR:	Retail Management Replenishment
CRM:	Customer Relationship Management	SCE:	Supply Chain Execution
DRP:	Distribution Resources Planning	SCM:	Supply Chain Management
DPP:	Direct Product Profitability	SCP:	Supply Chain Planning
ECR:	Efficient Customer Response	SKU:	Stock-Keeping Unit
EDI:	Electronic Data Interchange	TQM:	Total Quality Management
EOQ:	Economic Order Quantity	TMS:	Transportation Management System
ERP:	Enterprise Resource Planning	VMI:	Vendor Managed Inventory
FIFO:	First in First Out	WIP:	Work in Process
FEFO:	First Expire First Out	3PL:	Third Party Logistics
JIT:	Just-In-Time	4PL:	Fourth Party Logistics