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Please search the abbreviations by using the alphabet links above.
The purpose of this tool is to list and define abbreviations used within the supply chain,
logistics and
Enterprise Resource Planning (ERP) areas. Please Email any terms that you think are missing or
where the definition is incorrect. All suggestions will be credited.
This work is copyrighted.
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- IAS
- International Accounting Standards
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- IATA
- International Air Transport Association
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- IBC
- Intermediate Bulk Containers
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- IBS
- Integrated Business System - essentially the same as an Enterprise
Resource Planning (ERP) system.
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- ICAO
- International Civil Aviation Organisation
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- ICH
- Inventory Collaboration Hub
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- ICO
- Inventory Chain Optimization - software tool designed to optimize
the costs associated with supplying and managing inventories throughout
the supply chain whilst, at the same time, determining the least annual
inventory investment required to meet management's desired service
levels. The aim is to reduce the costs by 50% and increase the inventory
service level to 99.9%.
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- ICM
- Incentive and Commission Management
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- ICT
- Information and Communications Technologies
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- IDC
- International Distribution Centre
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- IDOCS
- Intermediate Documents - SAP communications documents; used for EDI
(Electronic Data Interchange) communication between SAP and non-SAP systems. An
IDoc is made up of a control record, a data segment and a status record.
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- IEM
- Integrated Enterprise Management
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- IFRS
- International Financial Reporting Standards
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- IGD
- Institute of Grocery Distribution - UK
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- IL
- Integrated Logistics
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- ILOC
- Irrevocable Letter Of Credit
- letter of credit that can't be canceled; guarantees that a
buyer's payment to a seller will be received on time and for the correct
amount.
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- IM
- Inventory Management (Also Investment Management).
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- IMDG
- International Maritime Dangerous Foods code
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- IMG
- Implementation Management Guide
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- IMS
- Inventory Management System
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- IOM
- Institute of Operations Management - previous name of what is now called the
CILT - Chartered Institute of Logistics and Transport, UK equivalent of APICS - was
previously called BPICS, British Production and Inventory Control
Society.
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- INCOTERMS
- International Commercial Terms
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- IRA
- Inventory Record Accuracy (Thanks to Stephen Butler)
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- IRM
- Internet Relationship Management - a variant of CRM where
all the functionality is delivered across the web. Probably created by
Octane Software.
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- IRR
- Internal Rate of Return, part of ROI Return On Investment
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- IS
- Information System or Industry Solution
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- ISO
- Independent Service Organizations - aftermarket support
organizations usually separate to the company making the product being
serviced. Also International Standards Organisation.
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- ISS
- Inventory Stock Status
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- ISV
- Independent Software Vendor - someone who sells their own software.
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- IT
- Information Technology
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- ITT
- Invitation To Tender (Thanks to Stephen Butler)
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- IVO
- Inventory Visibility and Optimization
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