Глоссарий by Artem Khansviarov

B2B

hansartem — 2024-09-11 17:32:52 UTC

interactions between businesses, where companies sell products or services to other companies rather than to individual consumers "Many manufacturing companies operate in B2B markets, providing essential materials and services to other industries."

B2C

hansartem — 2024-09-11 17:33:15 UTC

businesses sell goods and services directly to individual consumers "Shops and restaurants are examples of B2C markets, where products are sold to individual customers."

Technology-Intensive Companies

hansartem — 2024-09-11 17:35:44 UTC

companies that heavily rely on advanced technologies to produce their goods

Raw Materials

hansartem — 2024-09-11 17:37:07 UTC

materials that are used in the production process to create products

Enterprise Resource Planning (ERP)

hansartem — 2024-09-11 17:38:17 UTC

management software that allows companies to manage core business processes

Subcontractors

hansartem — 2024-09-11 17:39:38 UTC

Companies or individuals hired by a primary contractor to perform specific tasks

Product Portfolio

hansartem — 2024-09-11 17:39:58 UTC

A collection of products or services offered by a company

High-Pressure Components

hansartem — 2024-09-11 17:40:28 UTC

pecialized parts designed to withstand high levels of pressure

Value-Adding Partner

hansartem — 2024-09-11 17:40:49 UTC

A business relationship where the supplier provides not just products, but also expertise, innovation, and support

Fuel Economy

hansartem — 2024-09-11 17:41:11 UTC

The efficiency with which a machine or vehicle uses fuel

Bill of Materials

hansartem — 2024-09-11 17:41:34 UTC

A detailed list of raw materials, components, and assemblies required to manufacture a product

Business Intelligence (BI)

hansartem — 2024-09-11 17:42:43 UTC

Technologies or software that collect, integrate, and analyze business data to provide actionable insights for decision-making

Strategic Consulting

hansartem — 2024-09-11 17:42:56 UTC

Professional advisory services that help businesses improve their overall strategy

Sourcing Budget

hansartem — 2024-09-11 17:43:09 UTC

financial plan dedicated to the procurement of raw materials

Technology-Intensive Products

hansartem — 2024-09-11 17:43:30 UTC

Products that are complex and require advanced technical knowledge

Customer Value

hansartem — 2024-09-11 17:43:51 UTC

perceived benefit a customer gains from a product or service

Cost Savings

hansartem — 2024-09-11 17:44:22 UTC

Reductions in expenses that can be achieved through more efficient processes