W

wait time

The time during a shift that an asset waits without driving or handling shipments.

warehouse

A physical or logical location defined in the system where inventory items are stored and managed.

warehouse location

A specific sub-division within a warehouse used to track exact item placement.

web form

A configurable form used to collect specific information for requisitions when standard fields are insufficient.

webhook

A method for one application to provide real-time data to another application whenever a specific event occurs.

weighted absolute percentage error

A forecast accuracy metric that weights the absolute error by the volume of actual demand, preventing low-volume items from skewing the results.

WAPE

weighted average

A scoring method where weights are manually assigned to chapters or questions to reflect their varying importance.

Wavg

wet-signed contract

A physical copy of a contract that has been signed with a pen, often scanned and uploaded to the record.

whitelist

A list of approved entities, applications, or email addresses that are granted exclusive permission to access a system or participate in a process.

wire routing number

A nine-digit code used to identify a US bank for wire transfer purposes.

wire transfer instructions

The specific bank details and reference numbers provided to the user to manually fund a Push Funds payment batch.

withdraw

An action allowing a user to remove a submitted invoice from the approval process and return it to a previous status.

withholding tax

A portion of an invoice payment deducted by the buyer and paid directly to the tax authority on behalf of the supplier.

work arrangement

A definition of where the service work will be performed, such as on-site, remote, or hybrid.

work center

A specific production resource or line within a site that has defined capacity and costs.

work confirmation

A process to verify that a service has been completed as specified.

work in process

The inventory that has entered the production process but is not yet a finished good.

WIP

work location

The specific physical address where a job role is needed or where a worker is assigned.

work order

A document confirming the assignment details for a contingent worker.

WO

work package

A specific unit of work with a defined budget and due date within a project.

workbench

A centralized dashboard that consolidates tasks pending action for easier management.

worker

An individual who performs services and has a profile containing contact information, skills, and compliance documents.

workflow

A repeatable, orchestrated sequence of tasks or steps designed to move a piece of data or a document from initiation to completion.

working capital

The difference between a company’s current assets and its current liabilities.

WC

workspace

A filter that limits the objects shown in the application to a defined subset.