Part
Part is building block of a BOM, also designates an Inventory Item.
Also called Company P/N or Item Number.
Component
Component is the manufacturer P/N we are purchasing from manufacturers.
The Combination of Manufacturer and its P/N is a Component.
P/N
Part Number
AVL
Approved Vendor List.
(Also called – PPL, APL, QPL item)
PPL
Preferred Parts List.
APL
Approved Parts List
QPL
Qualified Parts List
- All this terms defines the Catalog or the list of Parts (Company P/N’s) and their Components that are cataloged in the Company.
Manufacturer
A company that Designs and Manufacturing Products.
Contractor
A Company or an Individual that is hired by Contract to perform specific activity for a company.
CM
Contract Manufacturer or Contractor.
A Company that is manufacturing a product by contract.
Vendor
A general definition for:
- Supplier
- Distributor
- Franchised Distributor
- Rep. (Representative).
- Manufacturer
PO
Purchase Order.
PCN
Product Change Notice.
PDN
Product Discontinue Notice.
EOL
End of Life.
PLM
Product life-cycle management.
PDM
Product Data Management.
ERP
Enterprise resource planning.
MRP
Material Requirements Planning.
NPI
New Product Introduction.