Business Technology Acronyms to Know

ERP

Enterprise Resource Planning

MRP

Materials Requirement Planning

VAR

Value Added Reseller

BOM

Bill of Materials

WMS

Warehouse Management Software

SCM

Supply Chain Management

CRM

Customer Relationship Management

AI

Artificial Intelligence

EDI

Electronic Data Interchange

API

Application Program Interface

BI

Business Intelligence

PCI Compliant

Payment Card Industry Compliant

SAAS

Software as a Service

AWS

Amazon Web Service

ROI

Return on Investment

UI

User Interface

UX

User Experience

ML

Machine Learning

MFTG

Manufacturing

IPO

Initial Public Offering

KPI

Key Performance Indicator

AR

Accounts Receivable

AP

Accounts Payable

RFI

Request for Information

IoT

Internet of Things

PLM

Product Lifecycle Management

GL

General Ledger

SQL

Structured Query Language

MFG

Manufacturing

SO

Sales Order

PO

Purchase Order

SMB

Small and Medium Business

SLA

Service-Level Agreement

PBX

Private (or Public) Branch Exchange

FMCG

Fast Moving Consumer Goods

GTM

Go-to-Market

B2B

Business-to-Business

B2C

Business-to-Consumer

DDoS

Distributed Denial-of-Service

M&A

Mergers and Acquisitions

VoIP

Voice Over Internet Protocol

SSL

Secure Sockets Layer