Glossary

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

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A

B

C

Class 1 Railroad

Commercial Invoice

Commodity Procurement Strategy

Competitive Bid

Configure-To-Order

Confirmed Letter Of Credit

Consignment Inventory

Consolidation Point

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D

Distributed Inventory

Distribution Center

Distribution Center (DC)

Distribution Channel

Distribution Channel Management

Distribution Requirements Planning (DRP)

Distribution Resource Planning (DRP II)

Double Day Sales

Double-Pallet Jack

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E

Express Shipping

F

Free Alongside Ship

Free On Board (FOB) Destination

Freight Consolidation

Freight Forwarding

Fulfillment Location

Full Container Load

Full Container Load (FCL)

Full-Service Leasing

G

H

I

J

L

Local Area Network (LAN)

Location Based Picking

Logistics Channel

M

O

Original Equipment Manufacturer (OEM)

Out for Delivery

P

Pallet Wrapping Machine

Parcel Manifest System

Parcel Shipment

Part Standardization

Performance and Event Management Systems

Performance Measurement Program

Pick Ticket/ Pick Instruction

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Q

R

Returns Material Acquisition, Finance, Planning, and IT Costs

Reverse Engineering

Reverse Logistics

Routing Accuracy

S

Shop Floor Production Control Systems

Single Item Picking

Split-case Picking

Stock Keeping Unit (SKU)

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T

U

V

W

Z

how Locad can help your business

Logistics

Warehousing

Inventory

Fulfillment

3PL

Order

Distribution

Supply Chain

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