Food Industry Acronyms

ABCActivity Based Costing
AFHAway from Home
AHAt Home
AUVAverage Unit Volume
B&IBusiness and Industry
BOHBack of House
C-STORESConvenience Stores
CAGRCompound Annual Growth Rate
CCRCContinuous Care Retirement Centers
CDCChain Distribution Center
CDRCasual Dining Restaurant
CGRCompound Growth Rate or Category Growth Rate
CMSConvenient Meal Solutions
CMS/HMRConvenient Meal Solutions/Home Meal Replacement
COEXChain Operators Exchange - IFMA Meeting
COPCenter of Plate
COGSCost of Goods Sold
CRESTChain Restaurant Eating Share Trends (by National Panel Diary)
CPIConsumer Price Index
CSFCritical Success Factors
CSICritical Strategic Issues
DCDistribution Centers
DLPDistributor Label Products
DPIDisposable Personal Income
DSDDirect Store Delivery
DSRDistributor Sales Representative
ECREfficient Consumer Response
EDLPEvery Day Low Price
EFREfficient Foodservice Response
EFTEfficient Funds Transfer
F&BFood and Beverage
F&OForecast and Outlook
FAFHFood Prepared Away From Home
FAHFood Prepared At Home
FBCFoodservice Benchmark Center
FDIFood Distributors International. Formerly NAWGA/IFDA
FMIFood Marketing Institute
FOHFront of House
FSMFoodservice Management Companies (contract caterers)
FSMAFoodservice Sales & Marketing Association
FSRFull Service Restaurants
FTEFull Time Equivalent
GDPGross Domestic Product
GMAGrocery Manufacturers Association (for retail)
GPOGroup Purchasing Organization
HACCPHazard Analysis of Critical Control Points
HDPEHigh Density Polyethylene
IBAInternational Bakers Association
IDDBAInternational Dairy, Deli, Bakery Association
IDFAInternational Dairy Foods Association
IFDAInternational Food Distributors Association (see FDI)
IFMAInternational Foodservice Manufacturers Association
IFMATRACManufacturers Society on Shipment Data (by National Panel Diary)
ISBIn-Store Bakery
ISRIn-Store Restaurant
JVsJoint Ventures
LLOsLocal Leverage Operators
LSRLimited Service Restaurants
LTLLess Than Truck Load
M&AMerger and Acquisition
MAPModified Atmosphere Packaging
MBRMutually Beneficial Relationship
McKinsey 2010Industry Wide Study by McKinsey & Company, sponsored by IFD/FDI and IFMA
MCOMulti Concept Operator (i.e., Lettuce Entertain You)
MSCsMeal Solution Centers
MSRMid-scale Restaurants
MUFSOMulti-unit Foodservice Operators - Nation's Restaurant News Conference
NAFEMNational Association of Food Equipment Manufacturers
NAMANational Automatic Merchandiser Association
NAWGANorth American Wholesale Grocery Association (see FDI)
NFBASee ASMC
NPDNew Product Development
NRANational Restaurant Association
PCYAPercent change compared to a year ago
PDMAProduct Development Management Association
PMAProduce Marketing Association
POPPoint of Purchase
POSPoint of Sale
PSAPer Store Average
PVPPreferred Vendor Programs
QCQuick Casual
QSRQuick Service Restaurants
Re-DiRe-Distribute
RISERestaurant Information Services for Executives
RSERetail Sales Equivalent
RTMReady to Make
RTUReady to Use
SFMSociety Foodservice Management
SMSAStandard Metropolitan Statistical Area
SpiffManufacturer's Incentives given to DSRs
SSSSame Store Sales/Comparable Store Sales
TBOThird Party Buying Organization (also known as operator buying groups)
USRUpscale Restaurants (casual: $8-15/fine: $15>)
 

Popular Requests