O

objective function

A function determining how decision variables interact to affect profit or cost.

offboarding

The process of managing requirements when a worker's assignment ends, such as asset return.

offer to hire

A formal proposal extended to a candidate to begin an engagement.

OTH

offline storage

A data repository for historical records that have been removed from the active online database to improve performance but are retained for audit and compliance purposes.

on submission evaluation

A screening method that assesses transactions for alerts within one hour of them being submitted.

on-hand balance

The quantity of a specific item currently physically present and available in a warehouse or location.

on-time delivery rate

A performance metric tracked in the supplier scorecard and order views measuring the timeliness of fulfilled orders.

onboarding

The integration framework that defines the process of collecting data, verifying credentials, and setting up a new user or supplier within a system.

onboarding dashboard

A visual display providing statistics on the progress and efficiency of supplier setup workflows.

one-click savings

The deals and special offers exclusive to the community designed to help suppliers lower their own business costs.

one-time password

A security code sent via email required to access supplier actionable notifications for purchase orders, functioning like two-factor authentication.

OTP

one-time payment

A transfer made to a beneficiary without creating a permanent supplier record.

one-time supplier

A supplier that is intended for a single transaction, rather than ongoing business.

online storage

The active system storage used for regular queries and reporting where records remain available even if they are in a terminal state.

Open Assistant Framework

A JavaScript framework that allows developers to access user context and read and write data to the UI in real-time to build custom AI agents.

OAF

open order quantity

The quantity of items that are currently on a purchase order and are expected to be received.

open requisition quantity

The amount of an item that has been requested by warehouse managers and is pending approval before being ordered.

OpenAI

A prominent American artificial intelligence research and deployment company known for creating and advancing large language models and other AI technologies.

OpenAssistant framework

An open-source option for creating AI assistants, offering more control, better privacy, and the ability to customize the AI assistant.

OpenID Connect

An authentication framework used to provide secure API-based connections and token management.

OIDC

operating expense

A cost type selection available when creating an initiative, representing operating expenses.

OpEx

operating time

The drive time and wait time during a shift.

operator

A logical parameter within a condition that dictates how the system evaluates and compares data.

opportunity

Automated cues generated by opportunity triggers that monitor the system for specific conditions to alert power users to areas that may require immediate attention.

optical character recognition

The process of converting different types of documents into editable and searchable data.

OCR

optimization

The process of repeatedly adjusting an AI's settings to reduce mistakes and make it perform better and more accurately for a specific job.

optionality

A metric representing the proportion of customers that can still be served if a specific site fails.

order

A formal request or a commercial document sent by a buyer to a seller, indicating the types, quantities, and agreed prices for products or services.

order increment

The minimum unit by which a purchase quantity can be increased above the minimum order quantity.

OI

order list

A saved collection of frequently purchased items that functions like a bookmarked shopping cart for quick reordering.

organization unit

A defined entity within the client company used to categorize engagements and relationships.

original invoice number

A required reference field on a credit note that links it to the specific invoice being corrected or cancelled.

our party

The internal legal entity involved in a specific contract.

out of route distance

The additional distance traveled on a route in order to pick up or drop off an additional shipment.

outbound consolidation

A process where shipments are picked up from one location and delivered to one or more destinations.

over-invoicing

A condition where the quantity or amount billed on an invoice exceeds the authorized value on the purchase order.

overtime

The hours worked in excess of standard weekly hours.

OT