Glossary

Your ultimate guide to learning industry terms from A-Z.

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3PL
4PL

A

Active Shipment
Add Shipment
Advance Shipment Notice (ASN)
Air Pillow
Airway Bill
Ambient Storage
Application Programming Interface (API)
Average Order Value

B

Backorder
Barcode
Batch Picking
Bill of Material (BOM)
Bins
Bonded Warehouse
Booking
Booking Number
Box
Bubble Wrap
Buffer
Buffer Stock
Bulk Carriers
Bulk Freight
Bulk Storage

C

Capacity/Weight (Container)
Capital
Cardboard Box
Carnet
Carrier Assets
Carrier Priority
Carrying Costs
Carton
Cash on delivery
CBM (Cubic Meter)
Changeover
Channel Conflict
Channels Of Distribution
Chargeable Weight
Charging Area
1 2 3 4 5

D

Dashboard
Data Dictionary
Data Mining
DDP
DDU
De minimis
Deadweight Tonnage (DWT)
Declared Price
Deconsolidation
Dedicated Contract Carriage
Delivery Note
Delivery Option
Delivery Order
Destination
Devanning
1 2 3

E

E-commerce
EAN
Ecommerce Campaign
Ecommerce Platform
Electronic Data Interchange (EDI)
Emergency Stock
En route
End-of-Life Inventory
Engineering Change
Entrego
Equipment Positioning
ETA
Expiry Management
Export Broker
Export Declaration
1 2

F

 Full Truckload (FTL)
Failed Delivery
Fast Moving Stock
Fast-Moving Consumer Goods  (FMCG)
FEFO
FIFO
Finished Goods Inventory
First Mile
Fixed Order Quantity
Fixed Reorder Point
Flow Rack
Foam Wrap
Food-grade Storage
Force Majeure
Forecasting
1 2

G

Goods Receipt/Goods Received Note
Government Bill of Lading (GB/L)
Grandfather Clause
GST
GTIN

H

Harmonized System (HS) / HS Code
Hazardous Material
HAZMAT
Heijunka
High-value Item
Hundredweight (CWT)

I

IMEI
In transit
Inbound
International Maritime Dangerous Goods (IMDG) Code
Inventory Cost
Inventory Management System (IMS)
Inventory Master File
Inventory Planning Systems
Inventory Turns
Inventory, Days of
Invoice
ISO 9000
Item Master

J

Just-In-Time

L

Landbridge
Landed Cost
LASH Vessel
Last Mile
Lead Logistics Provider (LLP)
Lean Strategy
Less Than Container Load
Less-Than-Truckload (LTL) Carriers
Lessee
Letter of Credit (LOC)
License Plate Number (LPN)
Life Cycle Cost
LIFO
Lighterage
Link
1 2

M

Manifest
Manufacturer’s Representative
Market Dominance
Marketplace
Material Index
Materials Handling
Materials Management
Materials Planning
Maximum Order Quantity
Mean Absolute Deviation
Modal Split
Mode of Transport
Multi-language E-commerce

O

Ocean Carrier
Offshore
On-Time Delivery
Operating Ratio
Order Cycle
Order Entry and Scheduling
Order Management Costs
Omni-Channel
On-demand
On-hold Status
Order Drop
Order Line
Order Management
Order Picking
Order Processing
1 2

P

Picking by Aisle
Picking By Source
Picking Method
Procurement Cycle
Product Characteristics
Product
Production Capacity
Profit Ratio
Package Material
Packed
Packing Inserts
Packing List
Packing Peanuts
Packing Station/Packing Table
Padded Envelope
1 2 3 4 5

Q

QR Code
Quality
Quality Check
Quality Function Deployment (QFD)
Queue Time

R

Return Order Management Costs
Racking
Radio Frequency Tracking
Ramp Up
Re-ship
Ready for Dispatched
Reorder level
Replenishment
Replenishment Rate
Resources
Resources Requirements Planning
Retailer
Return Merchandise Authorization
Return on Assets (ROA)
Return on Sales
1 2

S

Sales And Operations Planning (S&OP)
Sales Velocity
Scorecard
Scrap rate
Seal Number
Self Correcting
Semi-processed materials
Serial Number
Serial Number Management
Serial Shipping Container Code (SSCC)
Shelving
Shipping Carriers
Shipping Label / Air Waybill (AWB) / Sea Waybill / Bill of Lading
Shipping Lane
Shipping Manifest
1 2 3

T

TAX
Temperature-controlled Storage
Tissue Paper
Total Make Cycle Time
Total Supply Chain Management Cost (Five Elements)
Track
Tracking Number
Transaction
Transaction Set ID
Transport Equipment
Transport Management System (TMS)
Transportation Inventory
Transportation Management System
Transportation Planning Systems

U

Understanding volumetric weight in e-commerce
Unique Item Number
Unit Load Device
UPC

V

Value-Added Network (VAN)
Value-Added Services (VAS)
Variable Cost
VAT
Vision
Voucher

W

Warranty Costs
Warehouse
Warehouse Control System
Warehouse Execution System
Warehouse Management System
Wave Picking
Waybill
Weight Break
Wood Packaging

Z

Zone Picking

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