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 a process for better matching a manufacturer's supply with demand by having the sales department collaborate with operations to create a single production plan.

  • 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) describes the strategy and software for managing the maintenance and repair of products and maximizing the profit opportunities from these activities.

  • 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.

  • smart factory

    A smart factory is a highly digitized and connected production facility that relies on smart manufacturing.

  • 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.

  • strategic sourcing

    Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace.

  • 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 relationship management (SRM)

    Supplier relationship management (SRM) is the systematic approach of assessing suppliers' contributions and influence on success, determining tactics to maximize suppliers' performance and developing the strategic approach for executing on these determinations.

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