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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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- R&D
- Research and Development
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- R&M
- Repair and Maintenance
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- RAMP
- Rapid Acquisition of Manufactured Parts - a make to order process to
reduce the lead time of long lead time parts.
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- RBWA
- Routing By Walking About - a method of flow-charting a process by
walking about after the part.
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- RCCP
- Rough Cut Capacity Planning - a view or report of a
production plan's capacity. It is possible to model other resources such as
personnel, machinery, warehouse space, supplier capacity and perhaps
cash-flow. No attempt is made to smooth or level the
capacity to fit into the capacity constraint (a factory on single shifts,
say).
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- RDBMS
- Relational Data Base Management System
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- RDC
- Regional Distribution Centre, as used by the major grocers, say. A
network of larger warehouses operated by a retailer for the purposes of
consolidating merchandise before it is transported to local stores.
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- RDR
- Retail Delivery Record
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- RDT
- Radio Data Terminals
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- REQ
- Requisition - the precursor of a purchase order, usually authorised
and consolidated into purchase orders.
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- RF
- Radio Frequency - computer communication using radio transmissions.
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- RFB
- Request For Bid
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- RFC
- Request For Comment - a request to a supplier.
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- RFI
- Request For Information - possibly before an Invitation To Tender (ITT).
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- RFID
- Radio Frequency Identification - attachment of transponders to
products so that they can be scanned remotely, even inside other
packaging, a more expensive alternative to bar coding. Also RFID Tag.
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- RFP
- Request for Proposal
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- RFQ
- Request For Quotation - the early part of the procurement cycle
where potential bidders are asked to quote against a proposal. Also
Request for Bid (RFB), Request for Proposal (RFP).
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- RFx
- Request for Information, Request for Quotation and Request for
Proposal
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- RH&D
- Road Handling and Dispatch
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- RIP
- Resources In Progress -
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- RL
- Reverse Logistics
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- RLM
- Repair Loop Management
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- RMA
- Return Material Authorization or Return Merchandise Authorization -
a number usually produced to recognise and give authority for a faulty,
perhaps, good to be returned to a distribution centre of manufacturer.
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- RMS
- Retail Management Systems
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- ROA
- Return On Assets
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- ROI
- Return
On Investment; a term used to describe how a company measures the gains
from expenditures. ROI is usually made up of three financial measures,
payback, IRR (Internal Rate of Return) and NPV (Net Present Value).
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- Also Return On Inventory Invested (ROII) - a
performance index measuring return for each pound / currency unit of
inventory investment.
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- ROIC
- Return On Invested Capital
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- ROL
- ROP
- Re-Order Level (Point) - a calculated level of stock below which a
replenishment order is placed.
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- ROQ
- Re-Order Quantity (Thanks to Jeremy Blackmore).
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- ROR
- Rate Of Return (Thanks to Stephen Butler).
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- RP
- Repair Period.
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- Also Requirements Planning
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- RRP
- Resource Requirement Planning
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- RTD
- Ready To Drink - a premixed alcoholic drink such as Smirnoff
Mule. Abbreviation used in the drinks industry.
- Also Road Transport Directive - EU directive being introduced in March
2005.
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- RTE
- Real Time Enterprise
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- RTM
- Route To Market
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- RTP
- Returnable Transit Packaging or Reusable Transit Packaging
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- RTRT
- Rapid Turn Round Time.
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