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Glossary

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

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A

B

C

Class 1 Railroad
Cling Film
COD Amount
Commercial Invoice
Commodity Procurement Strategy
Competitive Bid
Configure-To-Order
Confirmed Letter Of Credit
Consignee
Consignment
Consignment Inventory
Consignor
Consolidation
Consolidation Point
Container

D

Dimweight
Dispatch
Distributed Inventory
Distribution Center
Distribution Center (DC)
Distribution Channel
Distribution Channel Management
Distribution Requirements Planning (DRP)
Distribution Resource Planning (DRP II)
Dock
Documentation
Door-to-Door
Double Day Sales
Double-Pallet Jack
Drop Shipping

E

Express Shipping

F

Forklift Truck
Free Alongside Ship
Free On Board (FOB) Destination
Freight Consolidation
Freight Forwarding
Freight Terms
Fronthaul
Fulfillment
Fulfillment Location
Full Container Load
Full Container Load (FCL)
Full-Service Leasing

G

H

I

J

L

Local Area Network (LAN)
Location Based Picking
Locator System
Logistics Channel
Lot Management
Lot Sizing
Lot Tracking
Lot-for-lot
Low Stocks
LTL shipment

M

O

Ordering Cost
Original Equipment Manufacturer (OEM)
Out for Delivery
Out of Stock
Outlier
Outsource
Overhead
Pallet Picking

P

Pallet
Pallet Racking
Pallet Storage
Pallet Wrapping Machine
Parcel Manifest System
Parcel Shipment
Part Standardization
Parts List
Pay on Use
Payment Terms
Peak Demand
Pending Pickup
Performance and Event Management Systems
Performance Measurement Program
Pick Ticket/ Pick Instruction

Q

R

Returns
Returns Material Acquisition, Finance, Planning, and IT Costs
Reverse Engineering
Reverse Logistics
Routing
Routing Accuracy

S

Shop Floor Production Control Systems
Short Shipment
Shrinkage
Single Item Picking
Size Class
Sortation
Source
Spare Parts
Split Delivery
Split-case Picking
Stacking
Stock
Stock Count
Stock Cover
Stock Keeping Unit (SKU)

T

U

V

W

Z

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Logistics

Warehousing

Inventory

Fulfillment

3PL

Order

Distribution

Supply Chain

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