ERP Definitions

This glossary explains the meaning of key words and phrases that information technology (IT) and business professionals use when discussing ERP and related software products. You can find additional definitions by visiting WhatIs.com or using the search box below.

  • C

    cloud ERP

    Cloud ERP is a type of enterprise resource planning (ERP) software that is hosted on a cloud computing platform, rather than on premises within an enterprise's own data center.

  • computer numerical control (CNC)

    Computer numerical control (CNC) is a method for automating machine tools through software embedded in an attached microcomputer. CNC is commonly used for manufacturing metal and plastic parts.

  • Computer-aided process planning (CAPP)

    Computer-aided process planning is a link between design and manufacturing in a computer-integrated manufacturing (CIM) environment.

  • computer-aided software engineering (CASE)

    Computer-aided software engineering (CASE) describes a broad set of labor-saving tools used in software development.

  • contract management software

    Contract management software is a program or series of related programs for storing and managing legal agreements such as contracts with vendors, leases and licensing agreements.

  • cost of goods sold (COGS)

    Cost of goods sold (COGS) is the total of the costs directly attributable to producing goods. It includes material and labor costs but not indirect costs such as sales, marketing and distribution. In accounting, it is a standard item in the expense section of a company's income statement.

  • cost-benefit analysis software

    Cost-benefit analysis software is a computer program or suite that assists personnel in the complex task of determining whether or not a proposed plan or project will pay off.

  • cross-docking

    Cross-docking is the practice of unloading goods from inbound delivery vehicles and loading them directly onto outbound vehicles.

  • D

    demand flow scheduling system

    A demand flow scheduling system is a software product designed to optimize demand-based manufacturing practices. (Continued)

  • Demand Planning

    Demand planning is the process of forecasting the demand for a product or service so it can be produced and delivered more efficiently and to the satisfaction of customers.

  • Demand signal repository (DSR)

    Demand signal repository (DSR) is a database that aggregates sales data at the point of sale (POS). DSR systems capture, clean and harmonize large data sets so the data can be queried.

  • demand-driven manufacturing (DDM)

    Demand-driven manufacturing (DDM) is an approach to manufacturing where production is based on actual orders rather than forecasts.

  • digital core

    Digital core is the technology platforms and applications that allow organizations to transform into digital businesses and meet the new needs of the digital economy.

  • digital manufacturing

    Digital manufacturing is a technology-based approach to production that links different data silos and processes in the manufacturing lifecycle so that stakeholders can make better business decisions both comprehensively and at each step.

  • digital modeling and fabrication

    Digital modeling and fabrication is a design and production process that marries 3-D modeling or computing-aided design (CAD) software with additive and subtractive manufacturing.

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