Browse Definitions :

Enterprise resource planning (ERP)

Terms related to business, including definitions about project management and words and phrases about human resources, finance and vertical industries.

INF - LIN

  • inflection point - An inflection point, in a general sense, is a decisive moment in the course of some entity, event or situation; typically, an inflection point marks a significant change.
  • infonomics - Infonomics is a social science that involves studying the production and consumption of information and the transfer of money to produce, sell or obtain it.
  • information - Information is stimuli that has meaning in some context for its receiver.
  • Information Age - The Information Age refers to the idea that access to and the control of information is the defining characteristic of this current era in human civilization.
  • information arbitrage - Information arbitrage is an instrument for creating opportunities in the marketplace by identifying trends ahead of others and acting on them.
  • information asymmetry - Information asymmetry is an imbalance between the knowledge of relevant factors and details between two negotiating parties.
  • information governance - Information governance is a holistic approach to managing corporate information by implementing processes, roles, controls and metrics that treat information as a valuable business asset.
  • information lifecycle management (ILM) - Information lifecycle management (ILM) is a comprehensive approach to managing an organization's data and associated metadata, starting with its creation and acquisition through when it becomes obsolete and is deleted.
  • information rights management (IRM) - Information rights management (IRM) technologies help control, secure and manage content from unwanted access.
  • information silo - An information silo is a business division or group of employees within an organization that fails to communicate freely or effectively with other groups, including management.
  • information technology (IT) director - An information technology (IT) director is the person in charge of technology within an organization.
  • inherent risk - Inherent risk is a category of threat that describes potential losses or pitfalls that exist before internal security controls or mitigating factors are implemented.
  • innovation culture - Innovation culture is an environment that organizations cultivate in order to nurture new, creative thinking and its application.
  • innovation management - Innovation management is the process of managing an organization's innovation procedure, which helps increase competitive advantage and drives business growth.
  • innovation manager - An innovation manager fosters the development of new products, services and processes.
  • innovation process management (IPM) - Innovation process management (IPM) a systematic approach to nurturing the creative capabilities of employees and creating a workplace environment that encourages new ideas for workflows, methodologies, services or products.
  • insourcing - Insourcing is a business practice in which work that would otherwise have been contracted out is performed in house.
  • integrated accounting system - An integrated accounting system is a type of software that combines major financial accounting functions into one application.
  • Intel Technology Provider - The Intel Technology Provider program is Intel Corp.
  • intellectual property (IP) - Intellectual property (IP) is a term for any intangible asset -- something proprietary that doesn't exist as a physical object but has value.
  • intelligence (intel) - According to the FBI, intelligence is both the information itself and the processes used to collect and analyze it.
  • intelligent electronic device (IED) - An intelligent electronic device (IED) is a device that is added to industrial control systems (ICS) to enable advanced power automation.
  • intelligent transportation system (ITS) - Intelligent transportation system (ITS) is the application of sensing, analysis, control and communications technologies to ground transportation in order to improve safety, mobility and efficiency.
  • interim CIO (interim chief information officer) - An interim CIO is an experienced chief information officer employed by a company on a temporary basis to lead or transform its IT organization.
  • internal audit (IA) - An internal audit (IA) is an organizational initiative to monitor and analyze its own business operations in order to determine how well it conforms to a set of specific criteria.
  • internal control - An internal control is a business practice, policy or procedure that is established within an organization to create value or minimize risk.
  • internet metering - Internet metering is a service model in which an internet service provider (ISP) keeps track of bandwidth use and charges users accordingly.
  • intrapreneur (intrapreneurship) - Intrapreneurs are employees who use entrepreneurial skills and critical thinking to seek out initiatives that could benefit the organization financially.
  • inventory management - Inventory management is the supervision of noncapitalized assets -- or inventory -- and stock items.
  • inventory optimization - Inventory optimization (IO) is a strategy for balancing the amount of working capital that's tied up in inventory with service-level goals across multiple stock-keeping units (SKUs).
  • inventory turns (inventory turnover) - Inventory turns, also referred to as inventory turnover and inventory turnover ratio, are a popular measurement used in inventory management to assess operational and supply chain efficiency.
  • invitation to tender (ITT) - An invitation to tender (ITT) is the initial step in competitive tendering, in which suppliers and contractors are invited to provide offers for supply or service contracts.
  • IoT Cloud (Salesforce IoT Cloud) - IoT Cloud is a platform from Salesforce.
  • IQMS - IQMS introduced one of its newest services, WebIQ, in August 2016.
  • ISACA - ISACA is an independent, nonprofit, global association that engages in the development, adoption and use of globally accepted information system (IS) knowledge and practices.
  • ISO/IEC 38500 - ISO/IEC 38500 is an international standard created to guide corporate governance of information technology (IT).
  • IT asset - An IT asset is any company-owned information, system or hardware that is used in the course of business activities.
  • IT asset lifecycle - The IT asset lifecycle is the stages that an organization’s information technology asset goes through during the time span of its ownership.
  • IT asset management (ITAM) - IT asset management (ITAM) is a set of business practices that combines financial, inventory and contractual functions to optimize spending and support lifecycle management and strategic decision-making within the IT environment.
  • IT blueprint - An IT blueprint, like an architectural blueprint, is a planning tool or document an information technology organization establishes in order to guide its priorities, projects, budgets, staffing and other IT strategy-related initiatives.
  • IT budget (information technology budget) - IT budget encompasses the money spent on information technology systems and services.
  • IT chargeback / showback - IT chargeback is an accounting strategy that applies the costs of IT services, hardware or software to the business unit in which they are used.
  • IT chargeback system - An IT chargeback system is an accounting strategy that applies the costs of IT services, hardware or software to the business unit in which they are used.
  • IT consultant - A consultant is an experienced individual in a given field who provides expert advice for a fee.
  • IT continuity (information technology continuity) - IT continuity (information technology continuity) is the holistic management of technology systems toward the guarantee that essential business operations will proceed in the event of a major disruption.
  • IT controls - An IT control is a procedure or policy that provides a reasonable assurance that the information technology (IT) used by an organization operates as intended, that data is reliable and that the organization is in compliance with applicable laws and regulations.
  • IT cost structure - IT cost structure is the relationship of different types of costs within a larger IT budget.
  • IT elasticity - IT elasticity is the ability to adapt an IT infrastructure to seamless changes without hindering or jeopardizing stability, performance, security, governance or compliance protocols.
  • IT financial management - IT financial management is the oversight of expenditures required to deliver IT products and services.
  • IT incident management - IT incident management is an area of IT service management (ITSM) wherein the IT team returns a service to normal as quickly as possible after a disruption, in a way that aims to create as little negative impact on the business as possible.
  • IT innovation - IT (information technology) innovation in an enterprise is about using technology in new ways, where the result is a more efficient organization and an improved alignment between technology initiatives and business goals.
  • IT leadership (information technology leadership) - IT leadership (information technology leadership) refers to the senior management in an organization responsible for driving business strategy via IT infrastructure and applications.
  • IT management - IT management is the process of overseeing all matters related to information technology operations and resources within an IT organization.
  • IT organization (information technology organization) - An IT organization (information technology organization) is the department within an organization charged with establishing, monitoring and maintaining information technology systems and services, and with strategic planning around current and future IT initiatives.
  • IT outsourcing strategy - An IT outsourcing strategy is a plan derived from assessing which IT functions are better performed by an IT outsourcing service provider than by an organization's internal IT department.
  • IT prioritization - IT prioritization is the process of initiating IT projects and procedures based on both the immediate and long-term needs of an organization.
  • IT procurement - IT procurement is the series of activities and procedures necessary to acquire information technology products or services.
  • IT productivity - IT productivity is a reference to the relationship between an organization's technology investments and its corresponding efficiency gains, or return on investment.
  • IT service catalog - An IT service catalog is a list of technology resources and offerings available from the IT service provider within an organization.
  • IT skills gap (information technology skills gap) - In human resource management, an information technology (IT) skills gap is a mismatch between the capabilities an employer needs to meet business objectives and what the organization's employees know and can do.
  • IT solution - An information technology (IT) solution is a set of related software programs and/or services that are sold as a single package.
  • IT strategic plan (information technology strategic plan) - An IT strategic plan outlines a company's technology-enabled business management processes that it uses to guide operations and prioritize business goals.
  • IT strategist (information technology strategist) - An IT strategist (information technology strategist) is someone in an organization who is given the responsibility and authority to establish initiatives that affect the organization's IT and business strategy.
  • IT strategy (information technology strategy) - IT strategy (information technology strategy) is a comprehensive plan that outlines how technology should be used to meet IT and business goals.
  • IT transformation - IT transformation is a complete reassessment and overhaul of an organization's information technology (IT) systems in order to improve the efficiency and delivery in a digital economy.
  • JDA Software - JDA Software is a software and consultancy company that specializes in selling supply chain management products and services to businesses.
  • job hopper - A job hopper is someone who works briefly in one position after another rather than staying at any one job or organization long-term.
  • just-in-case manufacturing (JIC manufacturing) - Just-in-case (JIC) manufacturing is the traditional model of production, in which products are created in advance and in excess of demand.
  • just-in-time manufacturing (JIT manufacturing) - Just-in-time (JIT) manufacturing is designed to avoid the waste associated with overproduction, waiting and excess inventory, three of the seven waste categories defined in the Toyota Production System (known in North America as the lean production model).
  • Kaizen (continuous improvement) - Kaizen is an approach to creating continuous improvement based on the idea that small, ongoing positive changes can reap significant improvements.
  • kanban - Kanban is a visual system used to manage and keep track of work as it moves through a process.
  • keiretsu - Keiretsu is a business network composed of manufacturers, supply chain partners, distributors and financiers who remain financially independent but work closely together to ensure each other's success.
  • keiretsu - In corporate culture, keiretsu refers to a uniquely Japanese form of corporate organization.
  • key performance indicators (KPIs) - Key performance indicators (KPIs) are business metrics used by corporate executives and other managers to track and analyze factors deemed crucial to the success of an organization.
  • key risk indicator (KRI) - A key risk indicator (KRI) is a metric for measuring the likelihood that the combined probability of an event and its consequence will exceed the organization's risk appetite and have a profoundly negative impact on an organization's ability to be successful.
  • knowledge management (KM) - Knowledge management is the process by which an enterprise gathers, organizes, shares and analyzes its knowledge in a way that is easily accessible to employees.
  • knowledge process outsourcing (KPO) - Knowledge process outsourcing (KPO) is the allocation of relatively high-level tasks to an outside organization or a different group within the same organization.
  • Kronos Inc. - Kronos Inc. is a provider of workforce management software and associated services headquartered in Chelmsford, Mass.
  • labor arbitrage - Labor arbitrage is the practice of searching for and then using the lowest-cost workforce to produce products or goods.
  • labor automation - Labor automation refers to the use of technology to perform specific tasks or jobs traditionally done by humans.
  • Large Account Reseller (LAR) - A large account reseller (LAR) is a label used by Microsoft to identify its largest value-added resellers (VARs).
  • last mile delivery - Last mile delivery is a term used for transportation of merchandise from the nearest distribution hub to the final destination, such as a home or business.
  • last mile of finance (LMOF) - The last mile of finance is composed of the management processes that finance executives perform after the monthly, quarterly or annual close to prepare for financial reporting and disclosure.
  • law of diminishing returns - The law of diminishing returns is an economic principle that states that as investment in a single goal increases, while all other variables remain constant, the return on investment will eventually decline.
  • law of unintended consequences - The law of unintended consequences is a frequently-observed phenomenon in which any action has results that are not part of the actor's purpose.
  • lead generator - A lead generator is any marketing-related activity intended to publicize the availability of a vendor's product or service.
  • lead scoring - In the B2B industry, lead scoring is a methodology used by sales and marketing departments to determine the worthiness of leads, or potential customers, by attaching values to them based on their behavior relating to their interest in products or services.
  • leadership - Leadership is the ability of an individual or a group of individuals to influence and guide followers or other members of an organization.
  • leadership skills - Leadership skills are the strengths and abilities individuals demonstrate that help to oversee processes, guide initiatives and steer their employees toward the achievement of goals.
  • leadership traits - Leadership traits are the personal qualities that shape effective leaders.
  • leaky bucket - The leaky bucket is an analogy for describing how inputs and outputs work in a wide variety of business and technology contexts.
  • lean management - Lean management is an approach to managing an organization that supports the concept of continuous improvement, a long-term approach to work that systematically seeks to achieve small, incremental changes in processes in order to improve efficiency and quality.
  • Lean Six Sigma - Lean Six Sigma is a data-driven approach to improving efficiency, customer satisfaction and profits.
  • lean startup - Lean startup is an approach to building new businesses based on the belief that entrepreneurs must investigate, experiment, test and iterate as they develop products.
  • LEED (Leadership in Energy and Environmental Design) - LEED (Leadership in Energy and Environmental Design) is an ecology-oriented building certification program run under the auspices of the U.
  • legal analytics - Legal analytics is the application of data analysis methods and technologies within the field of law to improve efficiency, gain insight and realize greater value from available data.
  • letter of intent - A letter of intent (LOI) is a document outlining the general plans of an agreement between two or more parties before a legal agreement is finalized.
  • life-cycle cost analysis (LCCA) - Life-cycle cost analysis (LCCA) is the study of all the costs associated with processes, materials and goods from acquisition to ownership and maintenance, through to and including disposal.
  • lifestyle business - A lifestyle business is one that is geared toward supporting the owner’s income and personal requirements rather than maximizing revenue.
  • lifestyle center - A lifestyle center is a shopping center, or mixed-use commercial development that combines retail with other services, such as medical services, home rental units, movie theaters and other leisure or other activities.
SearchNetworking
  • network packet

    A network packet is a basic unit of data that's grouped together and transferred over a computer network, typically a ...

  • virtual network functions (VNFs)

    Virtual network functions (VNFs) are virtualized tasks formerly carried out by proprietary, dedicated hardware.

  • network functions virtualization (NFV)

    Network functions virtualization (NFV) is a network architecture model designed to virtualize network services that have ...

SearchSecurity
  • Domain-based Message Authentication, Reporting and Conformance (DMARC)

    The Domain-based Message Authentication, Reporting and Conformance (DMARC) protocol is one leg of the tripod of internet ...

  • data breach

    A data breach is a cyber attack in which sensitive, confidential or otherwise protected data has been accessed or disclosed in an...

  • insider threat

    An insider threat is a category of risk posed by those who have access to an organization's physical or digital assets.

SearchCIO
  • data privacy (information privacy)

    Data privacy, also called information privacy, is an aspect of data protection that addresses the proper storage, access, ...

  • leadership skills

    Leadership skills are the strengths and abilities individuals demonstrate that help to oversee processes, guide initiatives and ...

  • data governance policy

    A data governance policy is a documented set of guidelines for ensuring that an organization's data and information assets are ...

SearchHRSoftware
SearchCustomerExperience
  • recommerce

    Recommerce is the selling of previously owned items through online marketplaces to buyers who reuse, recycle or resell them.

  • implementation

    Implementation is the execution or practice of a plan, a method or any design, idea, model, specification, standard or policy for...

  • first call resolution (FCR)

    First call resolution (FCR) is when customer service agents properly address a customer's needs the first time they call.

Close