Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Glossary navigation bar

Glossary term
gloTermOPD

Acronym of Organizational Process Design.


Glossary term
gloTermOperation

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.


Glossary term
Operating concern
termLabels
gloTermOperating concern
gloTermtermAbbrs
termSyns

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 transaction KEBC - Setting Operating concern.

List of existing operating concerns in in Solvay:

RCS / 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

ERP / PF1 

  • FO01 Slv ERP Solvay worldwide

 

Viewtracker
hidetrue


Glossary term
dateTermTue Sep 24 17:57:09 CEST 2019
gloTermOTC
creatorTermpt63037259

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.