Pull down to select a term ---> ABRA APS Balanced Scorecard CorVu Cost-to-Complete Dependent Demand Planning Engineer-to-Order (ETO) ERP GAAP GST/PST Make-to-Order MAPI MRO MRP MRP II Project-based Manufacturing RFQ Rules-based scheduling SG&A Theory of Constraints (TOC) WIP

	ABRA – The Payroll module offered by Encompix. ABRA from Best Software is the leading payroll system for midsize companies.
	APS – Advanced Planning and Scheduling is the component of Encompix that uses constraint-based algorithms to identify the best possible production schedule
	Balanced Scorecard – The term given to identifying key business indicators and continually measuring performance.
	CorVu – The Executive Information System working with Encompix data to provide graphical reporting and drill-down capabilities.
	Cost-to-Complete – Used in the project world to identify the cost of completing a project. Used to establish if the project is over budget.
	Dependent Demand Planning – A software program used by Encompix to determine the purchase material requirement for a project or job
	Engineer-to-Order (ETO) – Describes a manufacturing style. An ETO company will design and build a unique product to a customerıs specification.
	ERP – Enterprise Resource Planning is the term given to an integrated business system that is an evolution of MRP II. ERP addresses all areas defined by the MRP II model but expands the scope from just manufacturing to the whole enterprise to include sales order management, financial accounting, payroll and is, in some case, distribution. ERP typically addresses multi-site operations and operates on client/server technology with SQL relational databases to provide access to information.
	GAAP – Generally Accepted Accounting Principles
	GST/PST – Goods and Services Tax/Provincial Sales Tax is the two-tier sales tax system used in Canada.
	Make-to-Order – Refers to a style of manufacturing where the company builds a product to a specific customerıs order. This may or may not include design. In most cases the manufacturer will continue to run batches of the product for that specific customer.
	MAPI – Messaging Application Programming Interface (pronounced mappy). Developed by Microsoft and other companies to enable Windows applications to access a variety of messaging systems. Used by Encompix to allow messages to be passed by a MAPI–compliant email system like Microsoft Outlook.
	MRO – Maintenance, Repair and Overhaul. Term given to the activities relating to post-sales services.
	MRP – Material Requirements Planning. Term given to the computer process that balances material supply and demand by taking the top-level demand (sales order or forecast) and determining the requirements of all its components. The process works its way down the bill of material, calculating the requirements at each level and netting against inventory and existing supply orders to recommend the net quantity required to meet the demand.
	MRP II – Manufacturing Resource Planning. Term developed by the late Ollie Wight and promoted by the American Production and Inventory Control Society (APICS) as the definition of the ³standard² business system for manufacturing companies. Referred to as the ³closed-loop² system, MRP II covers master scheduling, MRP, bill of material, inventory control, purchasing, scheduling, capacity planning, shop floor control and costing.
	Project-based Manufacturing – The term given to any manufacturing company that builds products to a project or contract. This style involves estimating and quoting to win the business and planning all activities to complete the project. All costs must be allocated to the project and compared to the original estimate.
	RFQ – Request for Quotation used by purchasing to formally ask a supply to quote for business.
	Rules-based scheduling – The technique used by advanced planning and scheduling systems to derive an optimized schedule by planning the best sequence of operations taking into account capacity and material constraints and user defined rules.
	SG&A – Sales, General and Administration is the term given to the overhead expense used in calculating an estimate to determine selling price.
	Theory of Constraints (TOC) – Made popular by Eli Goldratt in the 1980s with his book "The Goal." The basis of TOC is that in every production process there are bottlenecks or constraints that determine the throughput of a factory. Eliminating these constraints will greatly improve throughput.
	WIP – Work-in-Progress refers to the jobs or work orders currently on in the production process. A job is typically considered to be WIP when it is released to production.