CNC
Computer Numerical Control

ERP
Enterprise Resource Planning

SCM
Supply Chain Management

OEM
Original Equipment Manufacturer

BOM
Bill of Materials

JIT
Just In Time

QMS
Quality Management System

PDM
Product Data Management

PLM
Product Lifecycle Management

R&D
Research and Development

SOP
Standard Operating Procedure

TQM
Total Quality Management

FIFO
First In, First Out

LIFO
Last In, First Out

Kaizen
Continuous Improvement (Japanese term often used in manufacturing)

WIP
Work In Progress

MTTR
Mean Time to Repair

MTBF
Mean Time Between Failures

FMEA
Failure Modes and Effects Analysis

5S
Sort, Set in order, Shine, Standardize, Sustain (a methodology for workplace organization)

CMM
Coordinate Measuring Machine

ISO
International Organization for Standardization

AS9100
Aerospace Quality Management Standard

MRO
Maintenance, Repair, and Operations

SMT
Surface Mount Technology

TAT
Turnaround Time

B2B
Business to Business

Lean
Lean Manufacturing (philosophy)

SQA
Software Quality Assurance (for manufacturing software)

RPO
Requisition Purchase Order