S - Definitions

  • S

    process mining software

    Process mining software is a type of analytics software that mines the event logs of enterprise applications for trends and patterns that can help improve understanding of the processes and make them more efficient.

  • SaaS ERP (software-as-a-service ERP hosting)

    SaaS ERP is a hosting model for enterprise resource planning (ERP) software which involves a firm's ERP software applications on a vendor's servers.

  • Sage Group plc

    Sage Group plc is a global enterprise software vendor. Its portfolio of business software includes accounting, ERP, payroll, customer relationship management (CRM) and human capital management (HCM).

  • sales and operations planning (S&OP)

    Sales and operations planning (S&OP) is an iterative business management process that determines the optimum level of manufacturing output.

  • SC sustainability

    Supply chain sustainability is a holistic perspective of supply chain processes and technologies that goes beyond the focus of delivery, inventory and traditional views of cost.

  • SCEM (supply chain event management)

    Supply chain event management (SCEM) refers to software that is used to manage events that occur within and between organizations or supply chain partners.

  • service lifecycle management (SLM)

    Service lifecycle management (SLM) refers to both the strategy and software for managing the performance, maintenance and repair of products and maximizing their profit opportunities by looking at service as an ongoing process rather than a discrete event or series of events. It can help to improve the efficiency and profitability of product service by helping to manage the service process and providing field workers with important information about product designs, repair procedures, warranties and parts.

  • SKU (stockkeeping unit)

    SKU (stockkeeping unit, sometimes spelled "Sku") is an identification, usually alphanumeric, of a particular product that allows it to be tracked for inventory purposes.

  • software robotics

    Software robotics is the use of bot programs to automate computer tasks normally performed by people. Software robotics is synonymous with robotic process automation (RPA) and is the less widely used term, except in the financial services industry.

  • spreadsheet controls

    Spreadsheet controls are a set of steps that an organization's accounting personnel can take to ensure accuracy and integrity of financial records and bookkeeping procedures.

  • SQL-ledger

    SQL-Ledger (SL) is a Web-based open source double-entry accounting system that is used primarily in the retail and manufacturing sectors.

  • Supplier performance management (SPM)

    Supplier performance management (SPM) is a blanket term for any business practice that is designed to manage, measure and analyze the performance of a supplier or suppliers in a network.

  • supplier risk management

    Supplier risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings that are caused by the organization's supply chain. 

  • supply chain execution (SCE)

    Supply chain execution (SCE) is the flow of tasks involved in the supply chain, such as order fulfilment, procurement, warehousing and transporting.

  • supply chain finance

    Supply chain finance is a set of technology-enabled business and financial processes that provides flexible payment options for a buyer (such as a manufacturer) and one of their suppliers (for example, a raw materials supplier), typically through the services of a financial institution at lower financing costs.

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