EFT

Electronic Funds Transfer Term for the various types of electronic payment transactions.

End-of-year result

In an end-of-year result the articles, delivery quantities and prices are specified with the suppliers.

ENX

IP Network of the European Automotive Industry.

ERP

Enterprise Resource Planning Enterprise resource planning describes the entrepreneurial task of planning, controlling and managing personnel and resources such as capital, operating resources, material and information and communication technology in a timely manner and as required in line with the company’s purpose.

External Provider

The external service provider is a legally independent company that performs certain activities (services) for the automotive suppliers, sub-suppliers and automotive manufacturers.

Extra tour

It is a non planned delivery to prevent a stop on an assembly line at the customer. The cost of an extra tour is payed by the originator.