| MRP | Material Requirements Planning | A system that helps a company make sure it has the right materials in the right quantities at the right time to build products. Think of it as a shopping and scheduling list for manufacturing. |
| ERP | Enterprise Resource Planning | A central business system that connects different departments—such as finance, purchasing, inventory, manufacturing, and HR—so everyone works from the same information. Think of it as the company's "operating system." |
| CRM | Customer Relationship Management | A system that helps businesses keep track of customers, sales opportunities, communications, and customer service. Think of it as a digital address book and sales assistant. |
| MES | Manufacturing Execution System | A system that monitors and manages what is happening on the factory floor while products are being made. Think of it as the factory's real-time control center. |
| QMS | Quality Management System | A system that helps ensure products and processes consistently meet quality standards by tracking inspections, issues, and improvements. Think of it as the company's quality checklist and improvement tracker. |
| RPA | Robotic Process Automation | Software that mimics the actions a person takes on a computer to perform repetitive tasks automatically, such as copying data between systems or processing invoices. Think of it as a digital office assistant. |
| LLM | Large Language Model | An AI system trained on vast amounts of text that can understand and generate human-like language. It can answer questions, summarize information, write content, and assist with many language-based tasks. Think of it as a highly knowledgeable writing and conversation assistant. |
| Foundation Model | (No acronym) | A large AI model trained on broad data that serves as a starting point for many different AI applications. An LLM is one type of foundation model, but foundation models can also work with images, audio, video, or other types of data. Think of it as a versatile AI engine that can be adapted for many different jobs. |