Glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more. Supply Chain Glossary of Terms 2019-02-23

Glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more Rating: 6,6/10 922 reviews

Glossary of supply chain terminology : a dictionary on technology, logistics, transportation, warehousing, manufacturing, purchasing and more! (Book, 2006) [aimtheory.com]

glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more

Pallet inverter —a type of stationary equipment used to transfer product between different types of pallets such as transferring from wood to plastic pallets, or from pallets to slipsheets. Dock to stock often describes a program where materials are received into stock without any incoming inspection. Tilt-tray conveyor Time buckets —term sometimes used to describe forecast periods. The forwarder is the consignor, forwarder's agent at the destination is the consignee. There is often only one source for patented items. A form used to obtain bids from suppliers. The time between assessing order requirements in a fixed order interval system.

Next

SCM Definitions and Glossary of Terms

glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more

Unit load —material handling term that describes any configuration of materials that allow it to be moved by material handling equipment as a single unit. These devices can be large pieces of hardware the size of a small book, like those attached to ocean containers, or very small devices inserted into a label on a package. Benchmarking: The process of comparing performance against the practices of other leading companies for the purpose of improving performance. They are often subject to chemical regulations. This information is delivered through news, analysis, case studies, and perspective pieces.

Next

Read Glossary of Supply Chain Terminology. a Dictionary on Business, Transportation, Warehousing, Manufacturing, Purchasing, Technology, and More! PDF

glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more

The customs clearance is typically given to a shipping agent to prove that all applicable customs duties have been paid and the shipment has been approved. For example, if a customer orders 20 red pens, 50 black pens, and 10 green pens, this equates to an order with three line items. See Pareto Principle Electronic Commerce E Commerce. This linkage allows faster identification and release of low risk shipments. Gaylord is actually a trade name that has become synonymous with this specific type of container. Purchasing Agent The person authorized to make purchase agreements for the organization. When describing supplier lead time, variable lead time means that the lead time from the supplier changes based on his current workload and capacity.

Next

Glossary of Supply Chain Terminology. A Dictionary on Business, Transportation, Warehousing, Manufacturing, Purchasing, Technology, and More! : Philip Obal : 9780980073492

glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more

Economic order quantity —result of a calculation that determines the most cost effective quantity to order purchased items or produce manufactured items. It will then deduct any allocations scheduled prior to the next scheduled receipt which may be several periods in the future. It determines how quantity, weight, volume, price are computed. Cargo agents are paid commissions by the airline or shipping line. It also sets safety regulations for all major modes of transportation.

Next

Glossary of Supply Chain Terminology: A Dictionary on Technology, Logistics, Transportation, Warehousing, Manufacturing, Purchasing, and More! by Philip Obal

glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more

Although 2D systems use a variety of symbols, they are generally referred to as barcodes as well. It also provides a sophisticated method for targeting high-risk shipments. The quality of a given commodity may differ slightly, but it is essentially uniform across producers. It is a 4-way pallet that is 40 inches wide, by 48 inches deep, by 5 inches in height and has the deck boards and bottom boards mounted flush with with the outside stringers. Barcodes with actual examples are added.

Next

SCM Definitions and Glossary of Terms

glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more

Bill of Lading A written receipt given by a carrier for goods accepted for transportation. Mechanics Lien A form of payment protection for parties to an agreement for improvement of real property involving construction material or services. Some consider a milk run to mean a route where shipments are delivered and inbound materials picked up in the same run. Vendor Same as supplier or seller. Structural pallet rack —racking system that uses bolts or other mechanical fasteners as opposed to Boltless Pallet rack. Inner pack —an additional level of multi-unit packaging within a case, carton, or other larger packaging.

Next

Definition and Warehousing

glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more

The stock of materials, components and sub-assemblies excluding safety stock held in advance of demand so that ordering can done on a lot size rather than on an as needed basis. Blanks —generally describes discrete units usually uniform sized units that are usually produced through a cutting process but are not yet finished items. In the trucking industry, intermodal usually refers to the combination of trucking and rail transportation. Generally used to transport materials and personnel within industrial facilities. Carton flow rack and horizontal carousels are good applications for pick to light. It works daily to help prevent crashes and their attendant costs, both human and financial.

Next

Supply Chain Glossary of Terms

glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more

Lift truck designed specifically for manual handling of less than pallet load quantities in racking. The sum of the physical stock of a particular product and the quantity of that product ordered for a particular period, but not yet received. For example, you may have a case that contains 600 units of an item, but within that case you have 24 smaller boxes or bags that each contain 25 units. The identification of goods or material used in manufacturing or processing to enable the relevant production batch and material source to be traced in case of subsequent defects. Is a Supply Chain management approach that aims to reduce costs by identifying customer service needs and ensuring that customers are not unnecessarily over or under serviced. The principle is that most of the occurrences of any happening are caused by a small percentage of the population. Load —in manufacturing, describes the amount of production scheduled against a plant or machine.

Next

Supply Chain Glossary of Terms

glossary of supply chain terminology a dictionary on business transportation warehousing manufacturing purchasing technology and more

Case picking —case picking describes a process where cases are picked for orders. Formerly, this declaration was only made on paper on the Shipper's Export Declaration form. Vendor-managed inventory reduces internal costs associated with planning and procuring materials and enables the vendor to better manage his inventory through higher visibility to the supply chain. Contact Information: Aggregage info aggregage. Price Index Usually refers to any of various numbers representing prices at a particular time for a product or category of products as reported to the Department of Labor, Bureau of Labor Statistics of the U. The property involved in a licensing agreement can be real, personal or intellectual. These lightweight but bulky packages can quickly fill up an airplane or trailer, yet not provide enough revenue based on weight-based fees to cover costs.

Next