1 The Home Depot Lingo Updated: 8/11 A&C GRAPH – Associate and Customer Graph ASN – advanced shipment notice AACG – Associate Advice and Counsel Group associate – lowercase – any employee of The Home Depot. We use the term “associates” rather than “employees.” This applies to all full-time, part-time, salaried and hourly associates AARP – originally stood for American Association of Retired Persons. As of 1999, the shortened title is AARP. (The Home Depot had a hiring partnership with AARP.) best-in-class – two hyphens whether used as a noun or adjective; always lowercase except as a proper noun or in a title or heading best practices – no hyphen, no capitals BIA – bay integrity associate ASW – average sales per week BIC – best-in-class AC – Associate Communications ASW(F) – average sales per week forecast admin – administrative assistant A-velocity – products that sell the fastest ad event – notification of special storewide events to come AIMS – Associate Information Management System All-Store Meeting – monthly meeting of all of a store’s associates AMEX – American Express AwareLine -- (also known as The Home Depot Awareness Line) - a toll-free number available to associates to report possible illegal activity or violations of company policy Bid Room – Where Special Services orders are submitted for pricing review (now called Volume Pricing Program) Big 3 – Customer Service, In-Stock, Store Appearance (Marvin’s big three initiatives) bill of lading – label attached to product being delivered B2B – business to business baby SKU – for a single product, e.g., a single tile bin label – narrow strip labels for items on peghooks BOD – board of directors AOTF – Aprons on the Floor Back End – Receiving area of the store BOL – bill of lading AP – Accounts Payable; Asset Protection API – Asset Protection investigator Back to Campus – back-to-school sales promo event BOPIS – Buy Online Pick Up in Store APM – Asset Protection Manager bar code – two words BORIS – Buy Online Return in Store APS – Asset Protection Specialist bay – selection of racking with product in it BR – business review AR – Automatic Replenishment program BBH – Building Better Health B/S – Balance Sheet ASDS – Associate Support Department Supervisor BEAR – Back End Automation and Reengineering program Buyer MD – Buyer Markdown BYO – buying office ASM – assistant store manager “Before the Apron” – a training video 2 The Home Depot Lingo Updated: 8/11 CAM – Customer Account Management CFO – chief financial officer crossbars CAN – Canada, Canadian Dollars Chep – high-end pallet CareerDepot – an internal, online job posting system accessible via Internet and myApron CIO – chief information officer cross-merchandise or cross-merchandising – strategically merchandising complementary items to gain incremental sales CITI – Citicorp Bank CAO – computer assisted ordering CapEX – Capital Expenditures clipstrip – long, metal strip with clips; used to cross-merchandise small items (projectcompleters) to vertical beams in bay CRS – Computer Room supervisor; Centralized Replenishment System CSM – client services manager CSO – China sourcing office CARE – caring, assisting and responding to employees program Close Quote Follow-up – not “closed” CARE/Solutions for Life – lowercase “f” in “for” CNENG – Canadian English CASHEND – Product displays in front of cash register COB – close of business cu. in. – cubic inch Customers FIRST – the Company’s set of behaviors that governs customer service. F=Find’ I=Inquire; R=Respect; S=Solve; T=Thank CO – Certificate of Occupancy CBA – cost benefit analysis COGS – cost of goods sold CBP – Competitor Battle Plan Damage Waiver - additional fee that protects customer if tool is damaged during normal tool usage CCA – cost center accounting Comp – comparative sales; comparative stores; compensation DC – distribution center CCAO – cyclical computer assisted ordering COO – chief operating officer DDS – division services director (also DSD) CCEA – Corporate Communications and External Affairs Co-Op – Advertising co-operative agreement DEAD PO – A cancelled purchase order CD – construction document COS – customer order specialist CDS – central delivery service CRA – computer room associate CEO – chief executive officer CRC – Commercial Revolving Charge (Credit Card) DHRM – district human resources manager DIDO – day-in, day-out (pricing) DIFM – do-it-for-me DIH – do-it-herself (not DiH) C/F – cash flow statement CFL – compact fluorescent light (bulbs) critical path – responsibility time frame and tracking schedule DISCO – discontinued product 3 The Home Depot Lingo Updated: 8/11 DIY – do-it-yourself EBIT – earnings before income & taxes DIYer – capital “DIY,” lowercase “er” – do-ityourselfer EBITDA – earnings before income & taxes depreciation and amortization DM – district manager EBITR – earnings before income, taxes & returns DO – district office Do-It-Herself, Do-It-Herself Workshops – capital “I,” use hyphens DOL – Department of Labor eBuy – the online purchasing system accessed through myApron for associates who want to purchase for their department or stores. A wide range of catalog and noncatalog items are hosted on this site. DPD – division Pro director e-crates – reusable and collapsible metalframed crates used to ship John Deere lawn tractors to stores DR – delivery receipt EDI – electronic data interchange Drive It Home sales incentive program EDW – enterprise data warehouse DS – department supervisor EEOC – Equal Employment Opportunity Commission DOM – District Operations Manager Employee Self Service (ESS) – a Web-based system available for all associates to process, store and update their personal information, including name, address and emergency contact – ESS is located on myApron’s Self Service tab Employer of Choice (EOC) – when talking in a future-oriented way, discuss our goal or commitment and use “the” (not “an”). “Our goal is to become the Employer of Choice – not just an employer of choice.” endcap – large display of products at end of aisle E/O – Eco Options, an exclusive environmentally friendly brand by The Home Depot EOC – Employer of Choice EOD – end of day EOM – end of month EPP – extended protection plan DSAP – Department Safety Awareness Plans EPS – earnings per share DSM – district services manager e-Forms – online forms for customer satisfaction, donations, asset transfers, and dispositions – they replace paper forms and automate these processes DSOD – department supervisor on duty EI – ending inventory DST – department supervisor training EJ – expense journal; electronic journal eRoom – a communication platform to share information across regions/divisions (reports, training channel, and best practices DWCC – delivery will call coordinator eLearning ESOP – employee stock ownership program EAP – Employee Assistance Program EM – emerging markets ESP – extended service plan (now extended protection plan) EAS – electronic article surveillance EMM – emerging markets manager DSD – division services director (also DDS) ERISA – Employee Retirement Income Security Act ESPP – employee stock purchase plan 4 The Home Depot Lingo Updated: 8/11 GALV – galvanized footplate GC – general contractor; gift card EVP – executive vice president FIRST – the Company’s set of behaviors that governs customer service. F=Find’ I=Inquire; R=Respect; S=Solve; T=Thank ET – Eastern time FMVP – field merchandising vice president gift card/GC/The Home Depot Gift Card – use initial capitals for “gift card” only when used with “The Home Depot“ E-velocity – products that sell the slowest FOB – freight on board ext. – extension Front Apron – the area across the front of the store, usually the concrete pad, that extends from the corner of the outside Garden fence to where the building ends at Lumber (past the Contractor canopy). The Apron also includes anything sticking out into the fire lane or corrals that may be set up seasonally in the Lot. ESS – employee self service GL – general ledger FAQ – frequently asked questions F&I – Furnish and Install F1 – fixture plan F/T – full-time FAST – Friendly, Accurate and Safe Transactions (formerly Front End Accuracy and Service Transformation) Front End – no hyphen, capitalize – the part of the store that consists of Front End supervisors, head cashiers, cashiers and Lot associates. The Front End includes the main line, Contractor, Tool Corral, Garden, Returns and Self-Checkout registers. FAK – freight all kinds ft. – foot FBO – furnished by owner FC – freight claims FY – fiscal year – no space when used with year (The Home Depot fiscal year is Feb.1 through Jan. 31.) Example: FY2008 FDMM – field divisional merchandising manager FYE – fiscal year end Fenceline – one word, initial capital – a merchandising location in front of The Home Depot stores G&A – general and administrative FaST – forecast and scheduling tool FES – Front End supervisor FID – field implementation director GM – gross margin GMROI – gross margin return on investment GN9000/GN9001 sign kit – preprinted signs and banners, respectively, that ship to the stores to coordinate with MAP execution GO – grand opening GPM – global product merchant GSA – Government Services Administration GS&A – General, Selling and Administrative Hardlines – lumber, hardware, millworks HC – head cashier HCA – Hispanic Contractor Association HDPS – Home Depot paint system GAAP – Generally Accepted Accounting Principles HD SIC – Home Depot Standard Industry Code (field in Salesforce.com) HDTV – The Home Depot Television gal. – gallon Home Depot Consumer Credit Card 5 The Home Depot Lingo Homedepot.com – Company website Updated: 8/11 IMS Inventory Management Systems – warehouse for storing signs and forms apostrophe KRONOS – timekeeping system host buy, host order (used interchangeably) – an order placed on behalf of the store by divisional or national merchandising groups IMU – initial markup HORT – horticulture InFocus – a safety program, newsletter and broadcast in. – inch HOST PO – H/O merchant report KPI – Key Performance Indicator (e.g. KPI Report) L&P GRAPH – scheduled graphs for labor and productivity LAN – Local Area Network InFocus team HOURS REC – hours reconciliation report How-To Clinic – hyphen between “how” and “to” in-store – as an adjective, lowercase and hyphenate Example: In-store vendor reps set the endcap. hp – horsepower (24hp) IP – intellectual property; Internet protocol HPAPL – Home Depot Approved Project List large-scale – hyphenated as adjective lb. – pound lbs. – pounds IR – Investor Relations LDC – Lumber distribution center lin. ft. – linear foot IS – Information Systems LOA – leave of absence HRSC – Human Resource Service Center ISID – International Society of Interior Design LOI – Letter of Intent HRIS – Human Resources Information Systems ISP – in-store processor HRR – HR Review IT – Information Technology HRVP – Human Resources vice president IVR – Interactive Voice Response I2 of 5 – interleaved two of five (bar code) JLQ – Job Lot Quantity IDC – Import distribution center JPP – Job Preference Process IFY – Installed For You key-rec – the document process used to record the receipt or movement of goods to authorize payment HPE – House Plant Enclosure HR – Human Resources IM – Inventory Management Kids Workshop – program name, no LP – Loss Prevention LTR – likelihood to recommend LTT – less than truckload Lunch ‘n Learn LVL – laminated veneer lumber MA – managed account Main Street – Atlanta SSC term for main thoroughfare that links the campus buildings 6 The Home Depot Lingo mama SKU – for a full case of a product, e.g., a box of tiles Updated: 8/11 NOPASM – night ops assistant store manager MLP – merchandising leadership program OAM – Operations assistant store manager Manager Self Service (MSS) – a Web-based system that enables managers to process, store and access HR information for their direct reports – with MSS, associates who have direct reports can perform a broad range of HR transactions including Transfers, Job Changes and Pay Rate Changes – MSS is accessible on myApron MPP – manual process & procedures OE – organizational effectiveness MOD – manager on duty moulding – not “molding” Example: crown moulding on-hands – amount of product a store has in stock (synonymous with “in-stock”) online – one word and never hyphenated MRO – maintenance repair operation MT – Master Trainer Online UPC – a system that enables cashiers to look up a product by category to find its SKU MTD – month to date on-site – as adjective or adverb MTS – master trade specialist OPEN TUB – Status of order before arrival at store MU/MD – markup/markdown OSB – oriented strand board multi-use O/T – overtime MVP – Merchandising vice president OTJ – on the job myApron – a store-facing communication platform that hosts news, applications, standard operating procedures and shares information across regions/divisions OTS – off the shelf MAP – merchandising action planner MASM – Merchandising assistant store manager MDA – Mutual Non Disclosure Agreement MEA – Merchandising execution associate MEC – Monthly Executive Council MEM – Merchandising execution manager MERM – Merchandising execution regional manager MET – Merchandising Execution Team MICR – Magnetic Ink Character Recognition (number) MX or MEX Mexico miter – not “mitre” NewPOS – new point-of-sale MK – markup/markdown NDA – non disclosure agreement MKDN – markdown NLP – New Lower Price mkt. – market NMF – mo match found O/UPlan – Over/under plan oz. – ounce P – president (division) PAR – Pro account rep MLL – Manager Leadership and Learning PASA – Pro account sales associate PHH – Leasing company for rental vehicles (Tool Rental) P&L – a store’s income statement (profit and loss 7 The Home Depot Lingo statement) – it shows the store’s revenues and expenses and compares these results to plan and last year Updated: 8/11 QSSM – quarterly store support meeting POP – point-of-purchase qt. – quart part-time – hyphenated as adjective portal – online gateway to company policies, processes, transactions; provides information, tools and services needed to manage an associate’s work life pc. – piece POS – point-of-sale pg. – page POSM – pre-opening store meeting pgs. – pages PR – Public Relations; Puerto Rico PI – physical inventory PII – product information initiative Pro Desk – used to be called Contractor Services; designated area in store for contractor customers PIR – physical inventory reconciliation PSI – pounds per square inch PJ – Purchase Journal PSM – Pro sales manager pk. – pack pt. – part Returns Receipt Look Up – always use “s” on “Returns” PK – product knowledge Q1 – first quarter (February–April) RFP – request for proposal Planogram (POG) – two-dimensional diagram of a merchandising set Q2 – second quarter (May–July) RGA – returned goods authorization Q3 – third quarter (August–October) RHRD – regional human resources director Q4 – fourth quarter (November–January) RHRM (MET) – regional human resources manager (Merchandising Execution Team) P/T – part-time rack captain – assistant manager assigned to give add-on sell orders to store planner RARM – regional associate relations manager RDC – Rapid deployment center RDO – regional director of Operations Receiving – area in back of store where freight is received Related merchandise - merchandise that can/should be used with a tool Returns associate – not Returns cashier PLR – product line review PLU – price look up QA – quality assurance RMM – regional merchandising manager PMO – product management office QB – Quebec ROA – Return on Assets PO – purchase order QLM – quick learning module ROI – Return on Investment PO ACTIVITY – purchase order report QOM – quarterly officer meeting POD – proof of delivery ROIC – Return on Invested Capital 8 The Home Depot Lingo Updated: 8/11 SOP – standard operating procedures ROP – run of press, newspaper ad SEC – Securities and Exchange Commission SOQ – standard order quantity RPSM – regional pro sales manager RSG – Retail Staffing Group RSC – Retail Staffing Center SEMM – senior emerging markets manager SF&I – Sell, Furnish and Install (no spaces between letters/characters) RSM – regional services manager SOSI – Special Order Services Initiative special buy – lower retail price on promotional product for a specified period of time – most often refers to a host buy of product outside the current mix SG Signage RTV – return to vendor Shop ’N Chek RVP – regional vice president SAP – Systems Applications Products Shrink – difference between book inventory and on-hand inventory – shortage special order – items not in stock or carried in the store’s inventory that associates can order for customers direct from our vendors – in some cases, the order must be custom made Special Services – not singular (include “s”) SASM – specialty assistant store manager SBA – supplier buying agreement SCHs – scheduled receipt SCK – store communication kit sidecap – product display at entrance to aisle in the first bay; designed to lead customer into aisle; runs adjacent to endcap; contains shallow shelves or peg hooks to accommodate merchandise and signs Specialty Sales sq. in. – square inch SDO – senior director of Operations SS – Special Services SCO – self-checkout SKU – stock keeping unit; used for product identification and inventory tracking SSC – store support center SLA – Service Level Agreement SSE – statement of stockholders' equity SLE – store level entry SSN – shipment status notice; social security number SDHR – Senior Director Human Resources SDO – Senior Director Operations SEAS ADJ – seasonal adjustment SM – store manager SME – subject matter expert Stackout – product displays in aisles of related merchandise SO – special order Stickers – Wood decking that sits on shelves Softlines – décor, lighting Store Comm – Store communications seasonal index – forecast planning report Seasonal Swing – area inside front of store containing rotating, seasonal stock and advertised promotions – most often includes items that currently do not have a permanent, year-round home in the run of store 9 The Home Depot Lingo Updated: 8/11 Store MD – Store markdown UOI – Unit of issue VP&S – Vendor Product & Services Workbook UPC – Universal Product Code W – Watt (75W) up-sell WAN – Wide Area Network SVP – senior vice president USENG – U.S. English WBT – Web-based training swell – difference between book inventory and onhand inventory in excess USSP – U.S. Spanish WIL – Women in Leadership V – volt (6V) wingstack – promotional quarter pallet of merchandise strategically placed in the aisle to drive incremental and impulse sales; typically has a 30–60 day promotional sell-through period Success Sharing – program name, initial capitals – a program for providing a cash payout to associates based on stores meeting and exceeding sales plans for a six-month period T&A – Time and Attendance Sheet Take-Off – Forms for determining fixtures needs TAA –Technology Access Agreement TAB – tabloid advertising table saw – two words TF – transit facility VAN – Value added network VASM – Vendor approved sign manual WLM – Workload Management VC – velocity code VCS – vendor control sheets VDO – Virtual district office THD – The Home Depot Vendor Service TIMS – transfer invoice matching system VM – visual merchandiser; voice mail Tool kit – lowercase when stands alone; capitalize as part of a proper name VOC – voice of the customer TR – Tool Rental TRC – Tool Rental Center trend – analysis Workload Management – a central electronic database for all store projects; aids in allocating resources WOS – weeks of stock WTD – week to date YOW – Your “other” Warehouse VP – vice president VPP – Volume Pricing Program (where Special Services orders are submitted for pricing review; formerly Pro Bid Room) TROM – tool rental operation manager VPMSS – vice president Merchandising Sales and Service UCC – Uniform Code Council VPOS – virtual point-of-sale (register) Merchandising Departments 21: 22: 23: Lumber Building Materials Flooring 10 The Home Depot Lingo 24: 25: 25H: 25T: 26: 27E: 27L: 28: D28I: D28O: 29K: 29A: 30: 59: Paint Hardware (now split into two) Hardware Tools Plumbing Electrical Lighting Garden (now split into two) Outdoor Living & Power Live Goods & Landscaping Kitchen Appliances Millwork Blinds, Storage & Organization 40: Aprons on the Floor Updated: 8/11