Operation
Created Oct 17, 2018 (12:51)
by Cátia Pinto
Definition
Operation is the “What” in OPD methodology. It is micro-process that has always a deliverable in the end and it has to be performed by a sole actor without any interruption.
Label(s)
Operating concern
Created Oct 17, 2018 (12:51)
by Cátia Pinto , last modified Dec 3, 2021 (08:26)
by ROLLIER, Charlotte
Definition
An operating concern represents an organizational unit for which the sales market has a uniform structure. It is the valuation level for Profitability Analysis (CO-PA). The operating concern is set with the transactionKEBC - Setting Operating concern.
List of existing operating concerns in Solvay:
WP1
Z001: Solvay Engin.Plasti.Poland
Z006: Rhodia Europe
Z013: Rhodia Europe Soc Fin
Z025: Rhodia Latin America
Z026: Rhodia Asia Pacific
Z028: Solvay North America
PF1
FO01 Slv ERP Solvay worldwide
Label(s)
OTC
Created May 1, 2021 (20:53)
by Olivia Gomes
Definition
An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX, operating expenses include rent, equipment, inventory costs, marketing, payroll, insurance, step costs, and funds allocated for research and development. One of the typical responsibilities that management must contend with is determining how to reduce operating expenses without significantly affecting a firm's ability to compete with its competitors.
