Abbreviations in sourcing business

There are a number of abbreviations and mathematical entities that are particular to the field of sourcing. It is evident to be familiar with these forms of jargon when engaging in the latter field. Therefore, this blog offers the most important abbreviations and entities.

PPI – Pre-Production Inspection
PPI stands for Pre-Production Inspection. This inspection is performed at a factory in order to check if the facilities meet the customers’ desires. Especially when doing business with a certain factory for the first time, this step is highly recommended.

IPI – Initial-Production Inspection
When the first products are produced, an Initial-Production Inspection has to be conducted. If any inconveniences are detected, adjustments will be made as soon as possible in order to guarantee the quality. In particualr, this happens frequently with new and tailor-made products.

MPI – Mid-Production Inspection
Quite similar to IPI, Mid-Production Inspection is executed to ensure the quality of goods. The MPI is conducted in a later stage than the IPI.

FM – Factoring monitoring
Factoring monitoring involves a QC (Quality Control) expert, that monitors the factory during the production of high cost goods.

PSI – Pre-shipment Inspection
Before products are shipped to their destination, a predetermined percentage of the goods are inspected. This is called the PSI-the pre-shipment inspection.

FSI – Full Shipment Inspection
An FSI indicates that all  goods are checked individually, before being shipped.

CLI – Container Loading Inspection
When a Container Loading Inspection is conducted, a Quality Control expert will be present during the loading process. This particular inspection is seen as an added precaution to the PSI.

When making measurements agreements it is very important to ensure that all parties have the same system of measurement.. The International System of Quantities (registered as ISO/IEC 80000: Quantities and Units) is a recognized tool to use. Below, a list of the most common numerals is displayed:

English	Character	Pinyin
Meter	米	mǐ
Liter	升	shēng
Gram	克	kè
Second	秒	mǐao

 

English	Character	Pinyin
Kilo	千克	qiânkè
Deci	分	fēn
Centi	厘	lí
Milli	毫	háo
Micro	微	wēi

This blog displayed the most important abbrieviations, as well as the most common mathematical entities in the field of sourcing. The mathematical entities  used in Chinese texts, are usually displayed in the English mathematical entities. Nevertheless, it might be useful to study the Chinese characters for the entities as well.