Create to Order: A technique of minimizing stock by not producing product or service right up until There's an real order from the customer.
A survey performed by world wide delivery consultancy Drewry identified sizeable unease amid world wide shippers and forwarders in advance on the low-sulfur gasoline implementation.
AutoID: Referring to an automatic identification technique. This includes technological innovation for instance bar coding and radio frequency tagging (RFID).
Aggressive Advantage: Value designed by a company for its customers that Plainly distinguishes it with the Opposition, supplies its customers a purpose to remain faithful.
Enterprise Software Integration (EAI): A pc time period for your tools and strategies Employed in linking ERP as well as other organization methods jointly. Linking units is vital for e-organization. Gartner says "corporations implementing organization applications commit no less than 30% on point-to-place interfaces."
Maersk has taken another stage in its pursuit to be a provide chain integrator akin to UPS or FedEx.
Center-of-Gravity Solution: A supply chain scheduling methodology for locating distribution centers at roughly the location symbolizing the minimum transportation costs concerning the vegetation, the distribution facilities, as well as marketplaces.
EDI Interchange: Conversation involving partners in the form of a structured set of messages and repair segments starting up by having an interchange Manage header and ending with the interchange control trailer. From the context of X.400 EDI messaging, the contents of the principal physique of an EDI concept.
Back again Order: Item requested but from inventory and promised to ship once the product or service results in being out there.
Managed Accessibility: Referring to a place within a warehouse or garden that is certainly fenced and gated. These locations are typically utilized to store higher-worth products and should be monitored by protection cameras.
Billing: A provider terminal exercise that determines the proper level and complete fees for your shipment and problems a freight Monthly bill.
Bracketed Remember: Recall from buyers of suspect lot quantities, plus a specified quantity of heaps generated before and following the suspect types.
Conveyor: A components dealing with gadget that moves freight from a person warehouse location to another. Roller conveyors utilize gravity, Whilst belt conveyors use motors.
The location sector among Asia and Europe remains more robust than simultaneously very last calendar Discover More year, but the rate is starting to stick site web to a sample that could very likely issue ocean carriers.