Acronyms

Question 1

What does CDA stand for?

Answer 1

Confidential Disclosure Agreement

CDA IN - receiving another party CI, CDA OUT - Abbott disclosing CI, Bilateral CDA - exchanging CI between two parties, Trilateral CDA - exchanging CI between Abbott and two other parties.

Question 2

What is the usual length of an Abbott CDA?

Answer 2

Contract Term plus 7 years.

Question 3

What does CAPA stand for?

Answer 3

Corrective and Preventive Action.

Question 4

What does PAL stand for?

Answer 4

Purchasing Authority Letter.

Question 5

What is Ariba?

Answer 5

Abbott’s guided buying platform (US not AU).

Question 6

What does HCP stand for?

Answer 6

Healthcare Professional.

Question 7

What does HCO stand for?

Answer 7

Healthcare Organisation.

Question 8

What does HCI stand for?

Answer 8

Healthcare Institution.

Question 9

What does ACR stand for?

Answer 9

Administrative Check Request.

Question 10

What does APS stand for?

Answer 10

Abbott preferred supplier.

Question 11

What does IDPA stand for?

Answer 11

Individual with Delegated Financial Authority.

Question 12

What is a PFC?

Answer 12

Purchase Commitment Form - required for 200k +.

Question 13

What does EPP stand for?

Answer 13

Environmentally Preferable Product.

Question 14

What does CPP 50 refer to?

Answer 14

Purchasing Authority Policy.

Question 15

What does CFM 60 refer to?

Answer 15

Commitment to Expenditure of Funds - Approval Levels Policy.

Question 16

What is the Procurement SOP?

Answer 16

Procurement Bible - standard operating procedures v2.

Question 17

What does TPM stand for?

Answer 17

Third-party manufacturers - external to Abbott, performs under contract.

Question 18

What does GCC stand for?

Answer 18

Global Communications Centre.

Question 19

What is an MRF?

Answer 19

Meeting Request Form - required for meetings of over 50 attendees OR 20 or more room nights, to be completed in the Abbott SMART Meeting Solutions Tool as per Policy CFM 5000 - Abbott Meetings, Events, or Tradeshows.

Question 20

What does EHS stand for?

Answer 20

Environmental Health and Safety (Abbott Department).

Question 21

What does GDPR stand for?

Answer 21

General Data Protection Regulation (for EU).

Question 22

What is the LSI Portal?

Answer 22

Legal Service Intake Portal - to engage with Legal.

Question 23

What does Abbott GPS refer to?

Answer 23

Abbott Global Preferred Supplier - affiliates can engage with the local entity on a SoW or PO basis.

Question 24

What does CI stand for?

Answer 24

Confidential Information.

Question 25

What is Indemnification?

Answer 25

The allocation of risk and the cost of the risk that could be incurred by Party A to Party B. Abbott MUST NOT be indemnified, and to secure indemnification of the supplier for claims, losses or damages of Abbott or a 3rd Party.

Question 26

What does LoL stand for?

Answer 26

Limitations of Liability - general rule to delete any clause seeking to limit supplier liability.

Question 27

What is Subcontracting in Abbott's context?

Answer 27

Abbott must approve all subcontracting.

Question 28

What is the Governing Law for contracts?

Answer 28

If contract delivered local, local law; if multiple countries, Singapore law default.

Question 29

What does SIAC stand for?

Answer 29

Singapore Law and Singapore Arbitration.

Question 30

What does 3PP refer to?

Answer 30

Third Party Compliance - when supplier is in scope requires supplier to complete survey for extra checks.

Question 31

What is SAP S?

Answer 31

Also referred to as 4HANA, and had the project name for implementation of 'Catapult' which some people still use. Fiori is the name of the user interface for the system.

Question 32

What are the SAP S Function Areas?

Answer 32

Procure to Pay (P2P), Order to Cash (OTC), Supply Chain Management (SCM), Record to Report (RTR).

Question 33

What does PIR stand for?

Answer 33

Purchasing Info Record - used in SAP.

Question 34

What does BP stand for?

Answer 34

Business Partner to Abbott.

Question 35

What is ACR in SAP?

Answer 35

Non-PO Payment Request in SAP called Administrative Cheque Requests when a PO is not required (i.e. tax payments).

Question 36

What does AO stand for?

Answer 36

SAP Analysis for Office.

Question 37

What does BW stand for?

Answer 37

SAP Business Warehouse is the database where SAP data is stored.