APICS, the premier professional association for supply chain management, announced the launch of the 15th edition of its APICS DICTIONARY, which provides terms and definitions that ensure a common language among supply chain professionals working in today's global environment. In addition to the updated dictionary, APICS also announced an update to the APICS LEARN IT mobile application, which allows users to access and study the more than 4,800 supply chain terms and definitions contained within the APICS Dictionary from their smart phone.
"As the leading authority in supply chain, APICS sets the industry standard and provides professionals with the knowledge and know-how they need to improve supply chain performance. Updating and sharing the APICS Dictionary and app enables and elevates the global supply chain community," said APICS CEO Abe Eshkenazi, CSCP, CPA, CAE.
The 15th edition of the APICS Dictionary includes an additional 234 words related to the supply chain industry compared to the 14th edition, which was released in 2013. The latest edition eliminates outdated terminology and incorporates new terms and revised definitions from APICS's SUPPLY CHAIN OPERATIONS REFERENCE (SCOR) framework, SCOR PROFESSIONAL (SCOR-P) program, and CERTIFIED IN LOGISTICS, TRANSPORTATION AND DISTRIBUTION (CLTD) program in order to be more consistent with the current industry landscape.