Glossary

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

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A

Active Shipment

Advance Shipment Notice (ASN)

Ambient Storage

Application Programming Interface (API)

Average Order Value

B

Bill of Material (BOM)

Bonded Warehouse

C

Capacity/Weight (Container)

Carrier Priority

Cash on delivery

CBM (Cubic Meter)

Channel Conflict

Channels Of Distribution

Chargeable Weight

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D

Data Dictionary

Deadweight Tonnage (DWT)

Deconsolidation

Dedicated Contract Carriage

Delivery Option

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E

Ecommerce Campaign

Ecommerce Platform

Electronic Data Interchange (EDI)

Emergency Stock

End-of-Life Inventory

Engineering Change

Equipment Positioning

Expiry Management

Export Declaration

1 2 Next

F

Full Truckload (FTL)

Failed Delivery

Fast Moving Stock

Fast-Moving Consumer Goods (FMCG)

Finished Goods Inventory

Fixed Order Quantity

Fixed Reorder Point

Food-grade Storage

1 2 Next

G

Goods Receipt/Goods Received Note

Government Bill of Lading (GB/L)

Grandfather Clause

H

Harmonized System (HS) / HS Code

Hazardous Material

High-value Item

Hundredweight (CWT)

I

International Maritime Dangerous Goods (IMDG) Code

Inventory Management System (IMS)

Inventory Master File

Inventory Planning Systems

Inventory Turns

Inventory, Days of

J

L

Lead Logistics Provider (LLP)

Less Than Container Load

Less-Than-Truckload (LTL) Carriers

Letter of Credit (LOC)

License Plate Number (LPN)

Life Cycle Cost

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M

Manufacturer’s Representative

Market Dominance

Materials Handling

Materials Management

Materials Planning

Maximum Order Quantity

Mean Absolute Deviation

Mode of Transport

Multi-language E-commerce

O

Ocean Carrier

On-Time Delivery

Operating Ratio

Order Cycle

Order Entry and Scheduling

Order Management Costs

Order Management

Order Processing

1 2 Next

P

Picking by Aisle

Picking By Source

Picking Method

Procurement Cycle

Product Characteristics

Production Capacity

Profit Ratio

Package Material

Packing Inserts

Packing Peanuts

Packing Station/Packing Table

Padded Envelope

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Q

Quality Function Deployment (QFD)

R

Return Order Management Costs

Radio Frequency Tracking

Ready for Dispatched

Replenishment Rate

Resources Requirements Planning

Return Merchandise Authorization

Return on Assets (ROA)

Return on Sales

1 2 Next

S

Sales And Operations Planning (S&OP)

Self Correcting

Semi-processed materials

Serial Number Management

Serial Shipping Container Code (SSCC)

Shipping Carriers

Shipping Label / Air Waybill (AWB) / Sea Waybill / Bill of Lading

Shipping Manifest

1 2 3 Next

T

Temperature-controlled Storage

Total Make Cycle Time

Total Supply Chain Management Cost (Five Elements)

Tracking Number

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

V

Value-Added Network (VAN)

Value-Added Services (VAS)

W

Warranty Costs

Warehouse Control System

Warehouse Execution System

Warehouse Management System

Z

how Locad can help your business

Logistics

Warehousing

Inventory

Fulfillment

3PL

Order

Distribution

Supply Chain

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