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Glossary

W-9 form

a legally binding US Internal Revenue Service (IRS) form that is used by employers to collect taxpayer indentification information, such as social security numbers or taxpayer identification number. The form is never sent to the IRS, but is used by employers for verification purposes.

warehouse limit

an assigned space in a warehouse for an item

warehouse management system

a business practice that provides a database and user-level tools in order for a company to optimize its storage facilities while at the same time providing user level task direction and activity support. The WMS should enable warehouse operators to optimize pick, put-away, and replenishment functions by employing powerful system logic to select the best locations and sequences

weighted average

a mathematical calcuation used to determine how well a vendor's or provider's scores match up to a user's priorities. It is the primary method used for comparisons in TEC's evaluation centers. The weighted average is calculated by multiplying the amount of priority given to the selected criteria with the vendor scores for those criteria. The results are then summed up to get the total weighted average.

where-used queries

queries that allow users to find all about single level parents in all bills of material (BOM) that include a specific amount

witholding

a prepayment, usually of a tax, acts as a prepayment of tax that contract workers will owe at the end of the year. It can also act as a direct payment of taxes

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