PART
Shorthand for a universal branch special stock part.
What is UNIB?
PRISM is a new __________ approach to delivering the right parts, the right partners, and the right programs to our sellers.
What is data-driven?
Name of the AI technology embedded within Fastenal platforms.
What is Copilot?
Name of the guy that created the acronym for PRISM.
PIM stands for.
What is Product Information Management?
First item type guaranteed to have active costing.
What is EXPAN?
Name of 3rd Party partner used to pull together consolidated insights around relevant attributes.
Who is eClerx?
Name for the AI platform embedded within FastNet.
What is Blue?
Concept of surfacing tens of millions of parts to our sourcing and selling teams.
What is Visibility?
DQP stands for.
What is Data Quality Program?
Number of item types in the system.
What is 12?
Name of the 3rd Party Partner we use to capture competitor data every quarter.
Acronym for the field-facing tool used to surface parts and other rationalized options in a carousel format.
Name of tool used to help streamline supplier onboarding and communication.
What is Supplier Portal or ServiceNow?
EDI stands for.
What is Electronic Data Interchange?
Number of BSS parts created by branches every month in North America.
What is 40,000?
FOIA stands for.
What is Freedom of Information Act?
Name for intelligence around website activity to be provided in the form of data.
SSP stands for...
What is Strategic Stocking Program?
ERP stands for.
Percent of corporately created parts we go on to sell in a given year in North America.
Name given to the group of top revenue earning distributors in the industrial space each year.
What is the Industrial Distribution Big 50?
Name for the strategic company initiative set to replace the old Innova integrated supply model.
What is BlueOps or FastCrib?
The three company growth drivers.
What are Local Presence, FMIT, and eBusiness?
Practice used to create, govern, and maintain a single, trusted source of truth for core business data.
What is Master Data Management?