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MultiTek Glossary of Terms


A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Accessorial Charges

Work performed other than transportation including extra pickups/deliveries, unpack, debris removal, assembly and storage. Additional costs may be applicable.

Addendum

Authorized supplement or addition to a shipping or other transportation document that identifies additional services, changes in services and accompanying charges.

Agent

(1) An enterprise authorized to transact business for, or in the name of, another enterprise.


(2) Warehouse that provides storage, local pickup, local delivery, installation or other services.

Air Cargo

Freight that is moved via air transportation. Crate ready for loading at the airport!

Air Cargo Containers

Containers designed to conform to the inside of an aircraft. There are many shapes and sizes of containers. Air Cargo containers fall into three categories: (1) air cargo pallets (2) lower deck containers (3) box type containers.

Air Freight

A service providing the air transportation of goods. This mode of transportation allows for decreased shipping time, low damage ratios and for certain commodities, lower shipping costs.

Air Waybill (AWB)

A document issued by a carrier to a shipper that supplies written evidence regarding the receipt of goods, the mode of transportation and the arrangement to deliver goods at the requested destination to the lawful holder of the bill of lading. A standard air waybill accommodates both domestic and international traffic.

American Society of Transportation & Logistics

A professional organization founded in 1946 with goals of establishing; promoting and maintaining high standards of knowledge and professional training; serving as a source of information and guidance for the fields of logistics.

Assemble to Order

A production environment performed in a warehouse, where product is assembled after receipt of a customer's order. The key components used in the assembly process are scheduled and usually stocked in expectation of a customer order. The receipt of an order initiates the assembly of the customized product.

Asset

Any inventory or item owned by a corporation or association of value.

Asset Management

Identifying the assets of a project and creating solutions that help identify, track and manage.

Asset Swap

An asset swap allows the pre-placement of assets at a new business location, supporting a quick and efficient turnover during the actual relocation to minimize downtime. See Equipment Relocation.

Audit

In reference to freight bills, the term audit is used to verify the accuracy of freight bills.

Availability

A term used to describe the access a customer has to equipment, data or assets during a relocation or migration event.

Return to Glossary of Terms


Back order

A customer order for a material, component part or finished good that cannot be filled from the current inventory.

Bar Code

A series of alternating printed bars and spaces representing a symbol of values. A system of visual character reading, scanning, tracking of units by reading a series of printed bars for translation into a numeric or alphanumeric identification code. A popular example is the UPC code used on packaging.

Bar Code Scanner

An electrical device to read bar codes and communicate accurate data to computer programs.

Batch Picking

A method of picking orders specific to the order requirements that reduces movement to and from product locations. The aggregated quantities of each product are then relocated to a common area where individual orders are constructed.

Bill of Lading (BOL)

A document issued by a carrier to a shipper, signed by the captain, agent, or owner of a vessel, furnishing written evidence regarding receipt of freight, the conditions on which transportation is made and the date to deliver goods at the prescribed port of destination to the lawful holder of the bill of lading.

Blanket Rate

A rate will not increase according to the distance a commodity is shipped.

Blanket Wrap

A service provided by moving companies and specific carriers that eliminate packaging material by wrapping product in padded "blankets". This will protect the goods during transit, usually on "air ride" vans. See Pad Wrap.

Blind Counts

Describes a method used in cycle counting and physical inventories providing inventory counters with the item number and location but no quantity information.

Bonded Goods

A dutiable goods upon excise duty has not been paid, i.e., good in transit or warehouse pending usage. The bond is the agreement entered into by the owner of the dutiable goods with Customs and the excise authority that the owner agrees to pay the duty when goods are released for final distribution or usage.

Bonded Warehouse

Warehouse approved by the U.S. Treasury Department for storage of goods until Custom duties are paid or goods are the goods have been released.

Booking

The arrangement for transportation of cargo, including the reservation of space and necessary equipment.

Booking Number

The unique number assigned to a certain space reservation by the carrier or the carrier's agent.

Break-Bulk

Unpacking or disassembling a portion or all contents of a consolidated shipment for reconsignment or delivery.

Broker

An individual or firm that acts as an agent for others, often between a buyer and a seller, in return for a fee or commission.

Business Continuity

Any process, item or asset that is needed for a customer to maintain operations during a disaster or contingency.

Business Logistics

The process of planning, implementing, and controlling the efficient, effective flow and storage of product from the point of origin to the point of destination for the purpose of conforming to customer requirements.

Return to Glossary of Terms


Caged

The location of high-value or sensitive products are placed in a fenced off area within a warehouse.

Canadian Customs Invoice

A document required by Canadian Customs identifying shipper, seller, consignee, terms, date of shipment, material being sold/shipped, classification code, quantity, unit and total prices. Additional information may be required pertaining to the shipper and consignee arrangements.

Cargo

The goods or merchandise transported by airplane, ship or vehicle.

Carnet

Known as a "Merchandise Passport", this Customs document permits the holder to carry or send special categories of goods temporarily into certain foreign countries without paying duties or posting bonds.

Carrier

Entity that is a motor carrier, water carrier or freight forwarder engaged in the business of transporting goods or people who, through a contract of carriage, procure the performance of carriage by rail, road, sea, air, inland waterway, or by a combination of modes.

Carrier Certificate and Release Order

Used to advise Customs of the shipment's detailed information. Having this document, the carrier certifies that the firm or individual named in the certificate is the owner or consignee of the cargo.

Carrier Liability

A carrier is liable for all shipment loss, damage, and delay with exception's of acts of God, act of a public enemy, act of a public authority, act of the shipper, and the goods' inherent nature. Carriers may limit their liability based on the commodity code of the item.

Cartage Agent

A ground transportation service company who provides pickup and delivery of freight in locations that cannot be served directly by an air or ocean carrier.

Certificate of Insurance

Insurance statement evidencing that a policy has been written and stating the coverage's in general terms.

Certificate of Origin

A document containing an affidavit to prove the origin of imported goods. It is often required by the custom as part of the entry process. Certificates of origin are commonly certified by an official organization in the country of origin such as a consular office or a chamber of commerce.

Change Order

A formal notification that a purchase order must be modified resulting in a change of quantity, date, or specification by the customer; change in inventory requirement data; etc.

Chargeable Weight

The weight or volume of a shipment used in determining charges. The chargeable weight could be the dimensional weight or on container shipments, the gross weight of the shipment minus the containers tare weight.

Chock

Material, such as a piece of wood, that is placed at the side of cargo to prevent rolling or sideways movement.

Claims

Shipper's statement of shipment loss or damage and a demand for compensation.

Class Rates

Numeral assigned by the American Trucking Associations to an item or group of items to determine the applicable rate. All the items in the group make up a class. The freight rates that apply to all items in the class are known as "class rates."

Classification

A systematic categorization of cargo for the purpose of applying class rates, combined with governing rules and regulations for transportation. In Customs, the classification determines the duty status of imported merchandise within the Harmonized Tariff Schedule of the United States (HSUS). The classification is the responsibility of an importer Customs broker or designated individual preparing the entry papers.

Clearance

The completion of Customs entry requirements resulting in the release of goods from Customs authority to the importer.

Cleat

A strip of wood or metal that is used for additional strength and support, to prevent warping and allowing for support.

CLM

Council of Logistics Management, now known as The Council of Supply Chain Management Professionals (CSCMP). See Council of Supply Chain Management Professionals.

Commercial Invoice

A required document identifying the transaction between a seller and buyer. The form should have the invoice number, date, shipping date, the mode of transport, delivery and payment terms, description of goods and the quantity.

Custom's requires a commercial invoice that includes the following information. (1) The port of entry. (2) Name of shipper and receiver. (3) Description of items. (4) Quantity in weight and measures. (5) Country of origin. The invoice and any attachments must be in the English language.


Commodities

Any article of goods shipped.

Commodity Code

A code describing a commodity or a group of commodities pertaining to the goods classification.

Commodity Rate

A rate that will be used for a specific commodity and its origin-destination locations.

Concealed Damage

Damage to the contents of a package that is in good condition externally.

Configuration

The arrangement of components as specified to produce an assembly of product.

Configure/Package to Order

A process where generation to begin to manufacture, final assembly, or packaging of a product is an actual customer order rather than a market forecast. In order to be considered a configure-to-order environment, less than 20% of the value added occurs after the receipt of the order or release, and almost all-necessary design and process documentation is available at time of order receipt.

Confirmation

Considering EDI, a formal notice (by message or code) from an electronic mailbox system or EDI server indicates that a message sent has reached its intended mailbox or has been retrieved by the addressee.

Consignee

The person or company named on the freight contract to whom goods have been consigned or turned over.

Consignment

Agreement by which one signs over the delivery of a quantity of goods to another.

Return to Glossary of Terms


Consignor

Person normally shown on shipping documents as authorized at origin to release goods to a transportation company.

Consolidation

A number of separate shipments that are assembled into one shipment for movement on one waybill from one location to another. Consolidation of freight can result in reduced shipping rates.

Consortium

A combination of companies formed to produce a product, service, or project.

Consul

A government official residing in a foreign country representing the interests of her or his country and its nationals.

Consular Declaration

A formal statement describing goods to be shipped; filed with and approved by the consul of the country of destination prior to shipment.

Consular Invoice

A document, certified by a consular official, may be required in some countries to describe a shipment. Used by Customs of the foreign country, to verify the value, quantity and nature of the cargo.

Consular Visa

An official signature or seal affixed to certain documents by the consul of the country of destination.

Container

(1) A reusable, rigid exterior shipping box, typically 10 to 40 feet long that is used to ship goods by ship, truck or rail. (2) The packaging type including a carton, case, box, that an item is packed and transported in.


Container Yard (CY)                                                          Containers going to their new destination!

A facility for holding Full Container Load (FCL) and empty containers that are received from or delivered to consignors or consignees by or on behalf of a carrier. It also provides a location to receive merchandise from consignors for packing into containers.

Containerization

A shipment system using large cargo-carrying containers that can be interchanged easily between trucks, trains and ships without having to rehandle the contents.

Contract

An agreement between two or more persons or companies to perform or not to perform specific acts or services or to deliver product.

Council of Supply Chain Management Professionals (CSCMP)

The CSCMP is a not-for-profit professional business organization consisting of members throughout the world who have interests and/or responsibilities in logistics and supply chain management, and the related function that make up these professions. The purpose is to enhance the development of the logistics and supply chain management professions by providing individuals with educational opportunities and relevant information through a variety of programs, services, and activities.

Country of Destination

The country that will be the final destination for goods.

Country of Origin

The country where the goods have been manufactured.

Courier Service

An express, door-to-door (DTD) service for high-valued items and documents; firms usually limit service to shipments weighing fifty pounds or less.

Crane

A handling device that lifts heavy items, usually serviced by a third party company.

Credit Level

The amount of purchasing credit an account has available. It is defined by the internal credit department and can be reduced by any existing unpaid bills or open orders.

Credit Terms

An agreement between two or more enterprises concerning the amount and timing of payment for goods or services.

Critical Data

A term that defines electronic data that is irreplaceable to a customer. This data is needed to support/maintain business operations.

Cross Docking

A distribution system in which product received at the warehouse or distribution center (dc) is not put away, but instead is readied for another transportation mode or delivery.

Cubic Foot

The unit of volume measurement that is equaled to 1,728 cubic inches.

Cubic Space

In warehousing, a measurement of available space.

Cubed Out

A completely filled trailer or container but could still be below the weight capacity.

Cumulative Lead Time

The total time that is required to supply components, build, and ship a product.

Customer Order

An order from a customer for a particular product.

Customer/Order Fulfillment Process

A series of customers' interactions within an organization through the order-filling process, including production schedule, delivery, and order stats reporting.

Customs

The designated government authority that regulates the flow of goods to/from a country and collects duties levied by a country on imports and exports.

Customs Bounded Warehouse

A federal warehouse where goods remain until duty has been collected from the importer. Goods that are held under bond are also kept here.

Customs Broker

A firm that represents importers/exporters in dealings with Customs. They are responsible for obtaining and submitting all documents for clearing items through Customs, arranging inland transport, and paying all charges related to these functions.

Customs Clearance

The procedures involved in getting cargo released by Customs through designated formalities such as presenting import license/permit, payment of import duties and other required documentations by the nature of the cargo such as FCC or FDA approval.

Customs Declaration

An oral or written statement attesting to the accuracy of description, quantity, value, etc. of merchandise offered for importation into the United States.

Customs Duties

A tax levied and government collection by custom officials of duties that is imposed by law on imports.

Customs House Broker

A business firm that oversees the progress of international shipments through Customs, and ensures that the documentation accompanying a shipment is complete and accurate.

Customs Invoice

A document that contains a statement by the seller, the shipper, or the agent as to the value of the shipment.

Customs Value

The assessed value of the imported goods on which duties will apply.

CWT, (Hundredweight)

A pricing unit used in transportation (equal to 100 pound.)

Cycle Inventory

An inventory system where counts are performed continuously to eliminate the need for an annual overall inventory. It is usually set up so that some items are counted regularly (i.e., every month), or another type of item are counted semi-regularly (every quarter or six months), and another type of item are counted perhaps only once a year.

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Dangerous Goods

Articles or substances capable of posing a significant risk to health, safety, or property when transported by air and that require special attention when being transported. Also referred as Hazardous Goods.

Data Migration/Relocation

A migration or relocation event involves either the physical or electronic relocation of data or electronic media from one location to another.

Database

Data stored in computer-readable format, usually indexed or sorted in a logical order by which users can find a particular item of data they need.

Deadhead

Equipment running completely empty (with no shipment aboard.)

Deadweight

The maximum carrying capacity of a ship, expressed in tons of cargo, including provisions and fuel. The vessel's capacity for cargo is less than its total deadweight tonnage.

Decking

Second level that can be used inside of a trailer, allowing for additional tonnage onto the trailer.

Declared Value

Tariff provisions providing for the assumed value of a shipment (unless the shipper declares a higher value). An additional fee will apply if declared at a higher value.

Professionally trained personnel will carefully install and deinstall your items.
De-Installation                                           

Providing a service by professional management teams to pickup, pack, inspect, repair, redeployment, sales and disposal.  

Delivery Appointment

The time agreed upon by two companies for goods or merchandise to arrive at a predetermined location.

Delivery Date Spread

Range of agreed-upon delivery dates. Shipment can arrive on any of these dates and meet the contractual agreement between a shipper and a carrier.

Delivery-Duty-Paid (DDP)

Supplier/manufacturer/exporter arrangement where suppliers are responsible for the transport of the goods they've produced, which will then be sent to a manufacturer. This responsibility includes verifying that products get through Customs.

Delivery-Duty-Unpaid (DDU)

Supplier/manufacturer/exporter clears the goods for export and is responsible for making them available to the buyer at the named place of destination, not cleared for import. The seller's responsible for the transport of the goods, but the buyer is responsible for import clearance, duties and other costs upon import, as well as transportation to the final destination.

Delivery Instructions

A document provided to a carrier to pick up goods at a location and deliver them to another location. Specific instructions are included indicating exactly where the goods are to be delivered, the deadline, and the name, address, and telephone number of the person to contact if delivery problems are encountered.

Delivery Performance to Commit Date

The percentage of orders that are fulfilled on or before the committed date, also used as a measure of internal scheduling systems effectiveness. Delivery measurements are based on the date a complete order has been shipped. A complete order has all items on the order delivered in the specified quantities requested. An order must be complete to be considered fulfilled. Multiple-line items on a single order with different scheduled delivery dates constitute multiple orders.


Calculation: [Total number of orders delivered in full and on time to the scheduled commit date]/[Total number of orders delivered]

Delivery Performance to Request Date

The percentage of orders that are fulfilled on or before the customer's committed date used as a measure of responsiveness to market demand. Delivery measurements are based on the date a complete order is shipped. An order must be complete to be considered fulfilled. Multiple line items on a single order with different planned delivery dates constitute multiple orders.

Calculation: [Total number of orders delivered in full and on time to the customer's request date]/[Total number of orders delivered]

Delivery Ticket

Documentation signed at the job site confirming receipt of product or service.

Demurrage

A penalty for exceeding free time allowed for loading or unloading at a pier or freight terminal.

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Density

The weight per cubic foot that is determined by multiplying the Length, Width and Height of a container and dividing the total by 1728.

Deregulation

The revisions or complete elimination of economic regulations controlling the various transportation services. The Motor Carrier Act of 1980 and the Staggers Act of 1980 revised the economic controls over motor carriers and railroads, and the Airline Deregulation Act of 1978 eliminated economic controls over air carriers.

Destination

The location designated as the receipt point for goods/shipment.

DetentionAct or fact of holding a container or trailer beyond an allowable free loading or unloading time.

Dimensional Weight

A calculated weight based on a minimum density requirement. Length x width x height divided by 194 for domestic shipment, or divided by 166 for international shipments.

Distributed Inventory

A type of inventory that is geographically dispersed to multiple distribution centers (dc.)

Distribution

The process ass ociated with the movement of material, usually finished goods or service parts, from the manufacturer to the customer. This process includes the functions of transportation, warehousing, inventory control, material handling, order administration, site and location analysis, industrial packaging, data processing, and the communications network needed for effective management. It includes all activities related to the physical distribution, as well as the return of goods to the manufacturer.

Distribution Center (DC)

Warehouse facility that keeps the inventory pending distribution to the appropriate locations.

Distribution Channel

One or more companies who participate in the flow of goods and services, from the manufacturer to the final user or consumer.

Distribution Planning

The planning actions associated with transportation, warehousing, inventory levels, materials handling, order administration, site and location planning, industrial packaging, data processing, and communications networks to support distribution.

Distribution Warehouse

A finished goods warehouse that allows space, tools, and personal the ability to assemble customer orders.

Diversion

Authorized change in the route or destination of a shipment in transit.

Dock

The loading or unloading platform at an industrial location or carrier terminal.

Dock Receipt

Receipt given for a shipment received or delivered at a dock. Provides verification of receipt and the delivering carrier with proof of delivery.

Document

(1) Papers customarily attached to foreign forms, consisting of bills of lading, insurance certificates and commercial invoice where required, including certificates of origin and consular invoices.

(2) In EDI, a form can act as an invoice or purchase order, that trading partners have agreed to exchange and that the EDI software handles within its compliance-checking logic.

Documentation

Paperwork that is attached or pertaining to goods requiring transportation and/or transfer of ownership.

Dolly

A piece of equipment with two or four wheels that can be used to move heavy containers, pallets or freight.

Door-to-Door (DTD)

Shipment placed in a container at origin residence and delivered in the same container to a destinations residence.

Door to Port (DTP)

Shipment placed in a container at origin residence and delivered in the same container to the port of entry in the destinations country.

Download

To merge temporary files containing a specific date containing information with the main database in order to update it.

Downtime

Is a period of time when a customer does not have access to equipment, data or assets during a relocation event.

Drayage

The service offered by a motor carrier for loading and delivery of ocean containers or rail containers. Drayage providers usually handle full-load containers for ocean and rail carriers.

Driving Time Regulations

U.S. Department of Transportation rules the maximum time a driver may drive in interstate commerce; the rules concerns both daily and weekly maximums.

Drop

A trailer or boxcar is left at a facility at which it is to be loaded or unloaded. The van operator that dropped the trailer or boxcar may change after the freight has been loaded. See Trailer Drops.

Dunnage

Materials used to protect or support freight in or on rail cars and vessels.

Duty

A tax levied by a government on merchandise imported, exported from another country. Duties are based on the value of goods, while other factors include weight on quantity or combination of value and other factors (compound duties.)

Duty Free Zone (DFZ)

Areas where goods or cargo can be stored without have to pay import customs duties while awaiting manufacturing or future transport.

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EDI

Electronic Data Interchange. A generic term for the transmission of transactions between computer systems and customer/provider. EDI is typically via a batched transmission, usually conforming to consistent standards.

E-Commerce (EC)

Conducting business electronically via EDI technologies, or online via the Internet. Software programs run the main functions of e-commerce support, such as product display, ordering, shipment, billing, and inventory management. Also referred as Electronic Commerce (EC).

End-of-Life Inventory

Inventory on hand that will satisfy future demand for products that are no longer in production.

En-route

Shipment in a carrier's possession and being transported.

Equipment Relocation

The relocation of any form of business equipment from one location to another that usually involves special handling, packaging, mode of transportation, and de-install/install. The types of equipment could be office gear, IT assets, hospital assets, plant assets, inventory storage assets or any complex gear. Using an asset swap can reduce the downtime associated with these complex items and support a quick and efficient turnover during the actual relocation to minimize downtime. See Asset Swap.

Estimated Time of Arrival (ETA)

The expected date, including time of arrival of a shipment, passenger or vessel at a port, airport or terminal.

Exception

Notations made when the cargo is received at the carrier's terminal or loaded aboard a vessel. Irregularities in packaging or actual or suspected damage to the cargo are notated on the bill of lading.

Exception Rate

A change or exception made to the classification affecting the class rate.

Exception Inventory

Inventory quantities that are above a specific need.

Exclusive Use

Service ordered by the shipper, whereby the shipper obtains exclusive use of a vehicle and agrees to the terms for this service.

Expediting

Moving shipments through service providers at an accelerated rate.

Ex Works

The seller delivers when placing the goods at the disposal of the buyer at the seller's premises or warehouse not cleared for export and not yet loaded for transportation.

Export

To send goods to a foreign country.

Export Compliance

In compliance with rules for exporting products, including packaging, labeling, and documentation.

Export Broker

A firm that brings together buyer and seller for a fee, then eventually withdraws from the transaction.

Export Declaration

A document required by the U.S. Treasury department and completed by the exporter to illustrate the value, weight, consignee, destination, etc., pertinent to the export shipment. The document is used to gather trade statistics and to provide a control document if the goods require a valid export license.

Export License

A certificate secured from a government granting permission to an exporter to export a specific quantity of a controlled commodity to a certain country. An export license is often required if a government has placed embargoes or other restrictions upon exports.

Exporter Identification Number (EIN)

A number required for the exporter on the Shipper's Export Declaration. A corporation may use their Federal Employer Identification Number as provided by the IRS; individuals can use their Social Security Numbers.

Express

The use of priority package delivery to complete overnight or second-day delivery.

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Federal Aviation Administration (FAA)

Federal Aviation Agency was created in 1958 and appointed with the responsibility of making known of the operational standards and procedures for all classes of aviation in the United States. The FAA monitors any/all dangerous goods (HAZMAT) for air cargo transportation.

FF&E

Types of items that can be arranged for installation or de-installation through a Logistics company. See Furniture, Fixtures and Equipment.

Field Finished Goods (FG or FGI)

Inventory maintained at locations outside of the manufacturing plant (i.e., distribution center (dc) or warehouse.)

Field Service Parts

Parts inventory kept at locations outside of the manufacturing plant (i.e., distribution center (dc) or warehouse.)

Field Warehouse

Warehouse that stores goods on the goods' owner's property while the goods are under a bona fide warehouse manager's custody. The owner uses the warehouse receipts as collateral for a loan.

Fill Rate

Percentage of order items that the picking operation actually retrieved.

Fill Rates by Order

Fill rates can be applied to order lines and individual products to provide statistics on the percentage of lines shipped completely and percentage of products shipped completely.

Final Assembly

The highest level assembled product, as it is ready to shipped to customers. The products consist of many possible features and options that may only be combined when an actual order is received.

Final DestinationLast stopping location for a shipment.

Finished Goods Inventory (FG or FGI)

Products that are completely manufactured, packaged, stored, and ready for distribution.

First In First Out (FIFO)

The practice of using stock from inventory on the basis of what was received first and is consumed first.

Fixed Costs

Costs that do not fluctuate with business volume in a short period. Fixed costs can include items MultiTek contacts the UGWW Flatbed Division when needing this service.such as depreciation on buildings and fixtures.

Flatbed

Open truck or trailer without sides or top

that generally is used for bulky, oversized items.                                                           

FOB Destination

A title passes at destination, and seller has total responsibility until shipment is delivered. Also referred as Free on Board (FOB.)

FOB Origin

A title passes at origin, and buyer has total responsibility over the goods while in shipment. Also referred as Free on Board (FOB.)

Foreign Trade Zone (FTZ)

Special restricted-access commercial and industrial areas in or near ports of entry that are designated by the government for duty-free entry of any non-prohibited goods. Foreign and domestic merchandise, including raw materials, components, and finished goods may be stored, displayed, and used for manufacturing within the zone and re-exported without duties being paid. Duties are imposed only when the original goods or items manufactured from those goods pass from the zone into an area of the country subject to Customs authority.

Forklift Truck

A machine device used to raise and lower freight and to move freight to different warehouse locations.

Four Party Logistics Provider (4PL)

Businesses that manage a variety of logistics related services for clients by using Third Party Logistics Providers (3PL). The provider integrates the technology and does not perform any of the services.

Free on Board (FOB)

Indicates goods are being delivered on board or into a carriage without charge.

Freight

Goods that are transported from one place to another.

Freight Bill (FB)

Document for a shipment noting description of the freight, its weight, and amount of carrier's invoice for payment of transport services rendered.

Freight-All-Kinds (FAK)

Consolidated cargo that is shipped at one rate. FAK cargo is usually shipped in a container filled with a variety of merchandise or commodities.

Freight Carriers

Companies that transport freight by trucking, railroads, airlines, and sea borne shipping.

Freight Charge

The rate that has been established for transporting freight.

Freight Collect

The freight and charges to be paid by the consignee of the order.

Freight Consolidation

The combination of shipments to obtain reduced costs or improved utilization of the transportation function. Consolidation can occur by market area grouping or grouping according to scheduled deliveries.

Freight Forwarder

A company who offers services to the general public (other than as a pipeline, rail, motor or water carrier) to provide transportation of goods for compensation. The company provides service for: (a) assembly and consolidation of shipments and provides for break-bulk and distribution operations with regard to shipments; (b) assumes responsibility for transportation from the place of receipt to destination.

Fulfillment

Fulfilling a customer's order that includes order management, picking, packaging, and shipping.

Full Container Load (FCL)

A delivery of cargo that fills a given container either by bulk or maximum weight.

Full Truckload (FTL)

A shipment of cargo that fills a given tractor-trailer either by bulk or maximum weight.

Furniture, Fixtures and Equipment (FF&E)

Types of items that can be arranged for installation or de-installation through a Logistics company.

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General Commodity

Any commodity that is not household goods or personal effects.

Global Positioning System (GPS)

A system that uses satellites equipment to precisely locate over-the-road equipment.

Goods

Merchandise, supplies, raw materials, commodities and finished product. All things are treated as moveable and indicated as sold to a particular buyer.

Government Bill of Lading (GBL)

The bill of lading used for shipments completed by U.S. Government agencies.

Gross Weight

Weight of a shipment together with the weight of a tractor-trailer and any other shipments on board.

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Handling Costs

The cost included in moving, transferring, preparing, and handling.

Harmonized Commodity Description & Coding System (Harmonized Code)

An international classification system that assigns identification numbers to specific products. The coding system ensures that all parties in international trade use consistent classification for the purposes of documentation, statistical control, and duty assessment.

Harmonize Tariff Schedule of the United States (HTS or HTSUS)

An organized listing of goods and their duty rates which is used as the basis for classifying imported products and identifying the rates of duty to be charged. The tariff schedule is divided into a variety of sections and chapters dealing independently with merchandise in wide-ranging product categories. The U.S. International Trade Commission is responsible for publishing the information.

Hazardous Goods

Articles or substances that could have a significant risk to health, safety, or property, and that ordinarily require special attention when transported. Also referred as Dangerous Goods.

Hazardous Material

A material that the Department of Transportation has determined to be capable of posing a risk to health, safety, and property when stored or transported in commerce.

Hospitality

The division of service that provides receiving, warehousing, inspection, installation of furniture, fixtures and equipment (FF&E) for new or renovated hotels, restaurants or assisted living center.

Hundredweight (CWT)

A pricing unit used in transportation (equal to 100 pounds). See CWT.

Return to Glossary of Terms

Igloos

A container designed to the dimensions of the full main deck width of carrying aircraft.

Import

To bring in commodities from a foreign country that has been assembled in other countries.

Importation Point

The location where goods are cleared for importation into a country.

Import/Export License

Official authorization provided by a government allowing the shipping or delivery of a product across national boundaries.

In Bond

A Customs program for inland ports that provides for cargo arriving at a seaport to be shipped under a Customs bond to a more conveniently located inland port where the entry documents have been filed. Customs clears the shipment there and the cargo is trucked to its destination, which normally is close to the inland port.

Installation

Providing a service by professional management teams to knock-down, move, set-up and reconfiguration services.

Insurance Certificate

A document provided to the consignee to certify that insurance is provided to cover loss of or damage to the cargo while in transit.

Interchange

(1) In Logistics, the exchange relating to interchanging trailers or rail cars between carriers, usually agreed in writing with an Interchange Agreement. Liability between the carriers exists for the actual equipment (trailer or rail car) while in possession of the other carrier.

(2)In EDI, the exchange of electronic information between companies.

Interline

The movement of a single shipment via two or more carriers. Carriers may interchange equipment but usually they handle the shipment without transferring the equipment.

Intermodal Transportation

Transporting freight by using two or more transportation modes, such as by truck and rail or truck and ocean vessel.

Interstate Commerce Commission (ICC)

An independent regulatory agency who is responsible for implementing federal economic regulations controlling railroads, motor carriers, pipelines, domestic water carriers, domestic surface freight forwarders, and brokers.

Inventory

(1) Raw materials, work in process, finished goods, and supplies required for creation of a company's goods and services. The number of units and/or value of the stock of goods held by a company.

(2) A detailed list of your goods, describing each item and its condition at loading. The inventory is prepared for you as your goods are professionally packed, and is used as a Customs document for clearance of your shipment. Upon delivery, you also can use the inventory to check for any possible loss or damage.

Inventory Control

Control of current stock (shelf, warehouse, on-order, etc.) so merchandise received conforms to sales demands, therefore out-of-stock or over-stocks are avoided.

Inventory Cost

The cost of keeping goods; includes the cost of capital, warehousing, taxes, insurance, depreciation, and obsolescence.

Inventory, Days of

The number of days that goods are on-hand in inventory at any given time.

Inventory In Transit

Inventory in a carrier's possession that is in the process of being transported to the buyer.

Inventory Management

The process of ensuring the availability of products by administrating the inventory.

Inventory Velocity

The rate that inventory moves through a defined cycle (i.e., from receiving to shipping).

Invoice

A detailed report showing goods sold or shipped and amounts for each item. The invoice is prepared by the seller and acts as the document that the buyer will use to process payment.

Irregular Route Carrier

(1) A carrier that does not have fixed lanes, patterns or routes.

(2) Motor carriers that may provide service utilizing any route.

ISO 9000

A series of quality assurance standards compiled by the Geneva, Switzerland-based International Standards Organization. In the United States, the American National Standards Institute based in Washington, DC represents ISO. UniGroup Worldwide companies are certified ISO.

Issuing Carrier

The carrier whose name is printed on the bill of lading.

Item

A unique manufactured or purchased part, material, intermediate, sub-assembly, or product.

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Just In Time (JIT)

An inventory control system that controls material flow into assembly and manufacturing plants by coordinating supply and demand to the position where desired materials arrive just in time for use.

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Kitting

Light assembly of components or parts into defined units. Kitting reduces the maintenance of inventory of items that are usually pre-built, completed products, but increases the time and labor consumed at shipment.

Knocked Down (KD)

Articles that are partially or totally disassembled to reduce the cubic footage or to ensure safer transportation.

Known Damage

Damage discovered before or at the time a shipment is delivered.

Known Loss

Loss discovered before or at the time a shipment is delivered.

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Lead Logistics Provider (LLP)

The logistics provider is the integrator for multiple carriers and other Third Party Logistics Providers (3PL's) for a customer. The LLP has the technology that brings the parties together for a customer and will also performing part of the service.

Lead Time

The total time elapsed between an order's placement, including order transmittal, order processing, transit time and the final delivery.

Less-Than-Containerload (LCL)

Freight is combined with other freight from other shippers. A container can be loaded with LCL cargo at a container freight station for LCL delivery.

Less-Than-Truckload (LTL)

Freight from several shippers loaded onto an individual trailer. The shipment is based upon a separate rate than truckload rate. Less-than-Truckload (LTL) is in contrast to Truckload (TL), which is only one shipment from one shipper that is loaded on a tractor-trailer.

Liability

Maximum amount for which a carrier is normally responsible in connection with loss or damage of cargo while in transit or storage.

License Plate

A bar code identifying a pallet or quantity of product.

Lift-Gate

Power lift on the rear of a trailer or straight van used to move heavy objects to or from a trailer's level floor.

Line-Haul (L/H)

Basic transportation charges for moving freight. Excludes "accessorial," pickup and delivery charges.

Line Item

A specific and unique single detailed record associated to a product for a project or work order.

Load Date Spread

Agreed-upon period within which pickup of a shipment is to take place.

Load Tender (Pick-Up Request)

The offering of cargo to be loaded by a carrier.

Load Tendering

Providing a carrier with detailed information and pricing prior to scheduling a pickup.

Local Delivery

Movement of product from warehouse facility to the final destination.

Local Pick-Up

Movement of product from origin to a warehouse facility.

Local Rate

A rate published between two locations served by one carrier.

Logistics

The process of planning, implementing, and controlling procedures for the efficient and effective storage of goods, services from origin to delivery for the purpose of conforming to customer requirements. Logistics include the monitoring of all inbound, outbound, internal, and external movements.

Logistics Data Interchange (LDI)

An integrating computerized system that electronically transmits logistics information computer to computer.

Logistics Management

As defined by the Council of Supply Chain Management Professionals (CSCMP),

Logistics management is part of the supply chain management that plans, implements, and controls the procedures for the efficient storage of goods, services, and related information between origin to delivery for the purpose of conforming to customer requirements. Logistics management activities normally include managing inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply/demand planning and management of third party logistics services providers.

Logistic Straps

Nylon straps used to tie off tiers in a trailer.

Logistic Track

Metal track inside a trailer onto which logistic straps are hooked.

Lot Number

The process of tracking production where groups of inventory, within a given product are produced in a batch. Lot tracking is useful for products such as fabric.

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Manifest

Statement listing the particulars of all shipments loaded in cars, ships, trucks, etc.


Marking

Letters, numbers, and other symbols placed on cargo packages to make easy identification.

Master Air Waybill (MAWB)

The air waybill (AWB) of lading that provides data on a consolidated shipment of goods. The consolidator is shown as the shipper.

Materials Handling

The physical handling of products and materials between procurement and point of shipping.

Material Index

The ratio of the sum of localized raw material weights to the weight of the finished product.

Materials Management

Managing the movement of materials and products from suppliers throughout the production process.

Materials Planning

The materials management function that coordinates materials supply with materials demand.

Merge In Transit

A logistics management tool that allows you to stage the simultaneous delivery of shipments from a variety of origin points.

Mileage Rate

A rate based upon the number of miles the goods are shipped.

Minimum Charge

Least charge for which a shipment will be handled.

Minimum Truckload Weight

Least weight at which a shipment is handled at a Truckload (TL) rate.

Mission Critical

Is any equipment, asset, process, or item that is required for a customer to maintain operations.

Minimum Weight

Specified minimum-weight basis on which shipment charges will be assessed (1,000 lbs.). If a shipment weighs less, it still will be charged at a 1,000-lb. rate.

Mixed Loads

The movement of both regulated and exempt commodities that is located in the same vehicle at the same time.

Move Management

Customized and standard relocation services to meet the customer needs for availability, asset protection, data protection, and time constraints.

Multi-destination

A single shipment that includes multiple deliveries at separate destination locations.

Multi-origin

A single shipment that includes multiple pick-ups at separate origin locations.

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National Motor Freight Classification (NMFC)

A pricing tool which contains descriptions and classifications of commodities and rules for domestic movement by motor carriers in the U.S.

Net Weight

The total weight of a shipment less the weight of pallets, containers or straps.

No Customs Value (NCV)

Indicates cargo or goods have no value per a customer's assessment.

No Location (No Loc)

An item that has been received for which the warehouse has no previously established storage slot.

Non Vessel Operating Common Carrier (NVOCC)

A firm who issues bills of lading for carriage of goods on vessels that are not owned or operated by them. NVOCCs usually act as consolidators, accepting less-than-containerload (LCL) shipments and consolidating them into full container loads (FCL).

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Obsolete Inventory

Inventory for which there is no forecast demand expected.

Optimization

The process of collecting and gathering data pertaining to a company's logistic operations, including inbound and outbound shipment records, warehouse and other distribution records. Identification of areas of cost reduction and service improvement are provided.

Order

A request for goods or services that is provided by telephone, fax, EDI transmission or via e-mail transmission.

Order Cycle

The time and process involved from placing an order to the receipt of the order.

Order Cycle Time

The time required completing a given process including the placement of an order until receipt of order. The overall process includes many sub-processes such as order entry, inspection, preparation, and shipping.

Order Entry and Scheduling

The process of receiving orders from a customer and entering the data into a company's order processing system. Orders can be received via phone, fax, or any electronic media. The orders are reviewed to ensure accurate data; identifying and reserving inventory (both on hand and scheduled), and committing and scheduling a delivery date.

Order Fill

A measure of the number of orders processed without the need to back order, expressed as a percentage of all orders processed in the distribution center (dc) or warehouse.

Order Management

The planning, directing, monitoring, and controlling of the processes related to customer, manufacturing, and purchase orders.

Order Picking

Product is removed from the warehouse racks either by identifying numbers or SKU's.

Order Processing

Activities associated with filling customer orders include arrangement of scheduling the order picking and delivery.

Order Tracking

The order status is monitored on the progress of the order from pickup to the final delivery.

Origin

The location where a shipment begins its movement.

Outbound Logistics

The process involving the movement and storage of products from the end of the production line to the end user.

Outsource

To utilize a third party provider to perform transportation services previously performed within a company.

Over, Short, and Damaged (OS&D)

Excess, shortage or damaged items are included in a report issued at the warehouse. Used to file a claim with a carrier.

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Packaging

Materials used to protect a shipment when in transit or in storage at a warehouse facility. Protective packaging is often inside a carton or individual box.

Packing

Protecting individual items either by placing them in cardboard boxes or by securing them in bundles or packages with wrapping material.

Packing List

A document prepared by the shipper that lists the kinds and quantities of merchandise in a particular shipment. A copy is generally sent to the consignee to aid in checking the shipment when received.

Pad Wrap

A service provided by moving companies and specific carriers that eliminates packaging material by wrapping product in padded "blankets". This will protect the goods during transit, usually on "air ride" vans. See Blanket Wrap.

Pallet

A portable platform for storing or transporting freight.

Parcel Shipment

Small packages like those typically handled by providers such as UPS and FedEx.

Peak Demand

The time period during customers demand the greatest quantity.

Per Diem

A charge, based on a fixed daily rate.

Performance Measures

Indicators of work performed and the results achieved in an activity, process, or organizational unit.

Perpetual Inventory

An inventory record system where every transaction in and out has been recorded and a new balance is computed.

Physical Distribution

The movement and storage of finished goods from manufacturing plants to warehouses to customers.

Physical Inventory

The process of actual counting all items on-hand at a given time in a facility.

Pick-and-Drop

Operation that normally consists of one over-the-road van operator alternating between two trailers. He transports and delivers one trailer while another is being loaded.

Pick/Pack

Picking and packing orders immediately into shipment containers.

Picking

The operations involved in removing products from storage areas to complete a customer order.

Picking by Aisle

A method where picking all needed items in an aisle regardless of the items' ultimate destination; the items must be sorted later.

Picking by Source

A method where pickers successively pick all items going to a particular destination regardless of the aisle in which each item is located.

Pick List

A list of items to be picked from stock in order to fill an order.

Pick-Up Order

A document authorizing a service provider the authority to pick up cargo or equipment from a specific location.

Piggyback

Term for trailers being transported on the flatbed car of a train. See Trailer on Flat Car.

Planned Date

The date an operation such as a pickup or delivery of an order is planned to occur.


Plant Finished Goods

Finished goods inventory that are held at the end manufacturing location.

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POD

Abbreviation for:(1) Port of Discharge; (2) Port of Destination; (3) Proof of Delivery: A document required from the carrier or driver for proper payment.

Pooling

Practice of combining shipment from multiple shippers into a Truckload (TL) in order to reduce shipping charges.

Procurement

The business functions of procurement including planning, purchasing, inventory control, traffic, receiving, incoming inspection, and salvage operations.

Product

An item that has been or is being produced.

Product Characteristics

Elements that define a product's character, such as size, shape, weight, etc.

Product Description

The user's detailed description of the product.

Production Planning and Scheduling

Systems that enable the creation of detailed, optimized plans and schedules, taking into account the resource, material, and dependency constraints to meet the deadlines.

Prohibited Items

Items the carrier will not handle, such as explosives, flammables and other hazardous materials.

Pro Number

Shipment's identification number used by motor freight carriers.

Project

A specific scope of business that includes detailed locations and required pick-up and delivery instructions. Coordination with the services may require a pre-arranged outside installation crew.

Project Management

A disciplined process in which an individual or team of individuals provides all planning, management, design and coordination for a large customer project. See Supportive Project Management.

Proof of Delivery (POD)

A receipt with the signature of the recipient. See POD.

Public Warehouse

Space that is rented or leased by an independent business providing a variety of services for a fee or on a contract basis.

Purchase Order (PO)

The purchaser's authorization form used to formalize a transition with a supplier.

Purchasing

Functions associated with buying the goods a hospitality customer requires completing the job site.

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Receiving

The function includes the physical receipt of material, the inspection of the shipment for conformance with the purchase order (quantity and damage), the identification and delivery to destination, and the preparation of receiving reports.

Receiving Dock

Distribution center (dc) location where the actual physical receipt of the goods from the carrier occurs.

Receiving Report

Documentation completed by a warehouse to confirm the receipt of product into inventory.

Refrigerated Carriers

Truckload Carriers (TC) that provide service to keep perishables good refrigerated. While the food industry typically uses this type of carrier, museums, personal art collections, antique and fragile hospitality items also require a temperature-regulated trailer.

Replenishment

The process of moving or re-supplying inventory from a reserve storage location or facility to a primary storage or picking location.

Request for Information (RFI)

A document used to request information about vendors, products, and services prior to a formal Request for Proposal/Request for Quote (RFQ/RFP) process.

Request for Proposal (RFP)

A document that provides information concerning needs and requirements for a manufacturer. This document is created in order to request proposals from potential suppliers.

Request for Quote (RFQ)

A document used to request vendor responses when a product has been selected and price quotations are needed from several vendors.

Return Disposal Costs

Fees that are associated with disposing or recycling products that have been returned due to customer rejects, end of life, or obsolescence.

Return Goods Handling

The process involved with returning goods from the customer to the manufacturer. Products can be returned because of performance problems or simply because the customer doesn't like the product.

Return Material Authorization (RMA)

A number usually produced to recognize and give authorization for a defective good to be returned to a distribution center (dc) or manufacturer. The RMA number often acts as an order form for the work required in repair situations. See Return Product Authorization (RPA).

Return Product Authorization (RPA)

A form generally required with a warranty/return that helps the company identify the original product and the reason for the return. The RPA number often acts as an order form for the work required in repair situations. See Return Materials Authorization (RMA).

Return to Vendor (RTV)

Material that has been rejected by a customer or the buyer's inspection department. Arrangements will be made to ship back to the supplier for repair or replacement.

Returns Inventory Costs

The costs associated with managing inventory returned for any of the following reasons: repair, refurbish, excess, obsolescence, end of life, ecological conformance, and demonstration.

Return of Investment (ROI)

A calculation that determines the length of time when an asset, process, or service provides a profit or pay for said investment to a customer.

Reverse Logistics

A specialized segment of logistics focused on the movement and management of products and resources after the sale and after delivery to the customer.

Rigging

Specialized equipment, such as cranes, heavy-duty forklifts and other tools that are necessary to move heavy and complex items.

Roll on-Roll-off (RO-RO)

International transportation service involving vehicles that can roll on or off a vessel without being lifted by a crane into the hold, onto the deck, etc. Also refers to a vessel designed for such a service.

Roll-out

Referring to new store fixtures that are to be distributed throughout the country from one or more origin's.

Routing or Routing Guide

Process of determining how a shipment will move between origin and destination. Routing information includes designation of carrier(s) involved, actual route of carrier, and estimate time en route.

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Sales Planning

The process of determining the overall sales plan to best support customer needs and operations capabilities, while meeting general business objectives of profitability, productivity, competitive and customer lead times.

Scan

A computer term referring to the action of scanning bar codes.

Serial Number

A unique number assigned for identification to a single piece. Serial numbers can be applied by the manufacturer but can be applied at other points by the distributor or wholesaler. Serial numbers can be used to support tracking.

Service Level

A measure of satisfying demand through inventory or by the current production schedule in time to satisfy the customer's requested delivery dates and quantities.

Service Provider

A preferred company that has been contracted to provide transportation, warehousing, packing or installation services. Also referred as agent.

Shelf Life

The amount of time an item may be held in inventory before it becomes unusable.

Shipper

Party whose goods are being transported and/or the party paying for the transportation services.

Shipper's Load & Count (SL&C)

Shipments loaded and sealed by shippers and not checked or verified by the carriers.

Shipping

The function that performs the tasks for outgoing shipments. It can include packaging, marking, weighing, and loading a shipment.

Shipping Lane

The logical route between the point of shipment and the point of delivery used to analyze the volume of shipment between two points.

Shipping Manifest

A document that lists items, piece count, total weight and the destinations that is included in a shipment. A manifest usually covers an entire load regardless of whether the load is to be delivered to a single destination or many destinations.

Shortage

When the quantity received is less than that shown on the waybill.

Shrink Wrap

A layer of plastic film encasing a palletized load of merchandise.

Slotting

Placement of products within a warehouse facility, increasing picking efficiency and reducing warehouse-handling costs through optimizing product location and balancing the workload.

Staging

Pulling material for an order from inventory before the material is required for the customer.

Stock-Keeping Unit (SKU)

A category of unit with a unique combination of form, fit, and function.

Storage in Transit (SIT)

The temporary warehousing of goods. Items will be inventoried at the assigned warehouse and transported upon request. Additional charges will apply.

Straight Truck

Power unit and cargo box permanently attached as a single, non-articulated unit.

Supplier

The provider of goods or services. See Vendor.

Supplier Certification

Certification procedures verifying that a supplier operates, maintains, improves, and documents effective procedures relating to the customer's requirements. Requirements can include cost, quality, delivery, flexibility, maintenance, safety, and ISO quality and environmental standards.

Supplier-Owned Inventory

A variant of Vendor-Managed Inventory and Consignment Inventory. In this case the supplier manages the inventory, and owns the stock close to or at the customer location until the point of consumption or usage by the customer.

Supply Chain

The material and informational interchanges in the logistical process, reaching from acquisition of raw materials to delivery of finished products to the end user. All vendors, service providers, and customers are links in the supply chain.

Supply Chain Design

Design decisions include the selection of partners, the location and capacity of warehouse and production facilities, the products, the modes of transportation, and any supporting information systems.

Supply Chain Execution (SCE)

The ability to move the final product out of the warehouse door.

Supply Chain Strategic Planning

The process of analyzing, evaluating, and defining supply chain strategies.

Supply Planning

The process of identifying, prioritizing, and aggregating, all sources of supply that are required and add value in the supply chain of a product or service at the appropriate level.

Supply Warehouse

A warehouse that stores raw materials. Goods from different suppliers are picked, sorted, staged, at the warehouse to assemble plant orders.

Supportive Project Management

Managing specific activities for relocating existing customer environments into the new locations, including management of all vendors in the de-installation and re-installation of their equipment; managing/providing the transportation for the overall effort; managing the documentation (site assessment, transportation schedules, implementation plan, and so on); and providing on-site supervision for each relocation phase. See Project Management.

Surcharge

Additional charge, such as for the added expense of fuel.

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Tag Number

The number used in the hospitality commerce to identify a specific product that is related to the blueprints or layout plans. Required for maintaining accurate and updated inventory process.

Tare Weight

The weight of packing and containers without the goods to be shipped.

Tariff

A general term for any listing of rates or charges for the movement of goods.

Terms and Conditions (T's & C's)

The provisions and agreements of a contract.

Tender

The offer of goods for transportation or the offer to place cars or containers for loading or unloading.

Third Party Logistics Provider (3PL)

A firm that provides one or multiple logistic related services for use by customers. They can facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers, and finished products from manufacturers to distributors and retailers. Among the services they provide are transportation, warehousing, receiving, cross docking, inventory management, packaging, and freight forwarding.

Threshold

A pick-up or delivery service to the door only. No unpacking or placement of goods is performed.

Total Cost Analysis

A decision-making approach that considers minimization of total costs and reviews the inter-relationship among transportation, warehousing, inventory, and customer service.

Tractor

Motor truck for towing a trailer.

Tracking and Tracing

Monitoring and recording shipment movements from origin to destination, completed with advising the customer of any abnormal situation.

Traffic

A department with the responsibility of arranging the most economic classification and method of shipment for both incoming and outgoing materials and products.

Traffic Management

The management and maintenance of transportation modes, carriers, and services.


Trailer

Container to haul commodities that is mounted on wheels and pulled by a tractor.

Trailer Drops

When a driver drops off a full truck at a warehouse and picks up an empty one. See Drop.

Trailer on a Flat Car (TOFC)

Term for trailers being transported on the flatbed car of a train. See Piggyback.

Transaction

A single completed transmission of an invoice over an EDI network.

Transaction Set

Commonly used business transactions (e.g., purchase order, invoice, etc.) organized in a formal, structured manner consisting of a transaction set.

Transit Time

Time determined necessary to travel from origin to destination.

Transportation

The movement of goods by method of rail, ocean, air, truck and/or pipeline.

Transportation Management System (TMS)

A computer program designed to provide optimized transportation management in various modes along with associated activities, including managed shipping units, labor planning and building, scheduling through inbound, outbound, intra-company shipments, documentation management, and third party logistics management.

Transportation Mode

The method of transportation: rail, ocean, air, truck and pipeline.

Transportation Planning

The process of defining an integrated supply chain transportation plan and maintaining the information that characterize total supply chain transportation requirements, and the management of transporters.

Truckload (TL)

A shipment of freight that is loaded to a trailers maximum capacity either by bulk or maximum weight.

Truckload Carriers (TL)

The transporting of full truckloads (FTL) of freight directly from the point of origin to destination.

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Unit Load Device (ULD)

Any type of container or pallets used to consolidate packages of freight for mechanical handling.

Unit of Measure (UOM)

The unit in which the quantity of an item is managed.

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Valuation

Amount of a carrier's liability expressed by a dollar value placed on a shipment by the shipper that specifies the carrier's maximum liability in the event of a covered claim for losses or damages.

Valuation Charges

Charges to shippers who declare a value of goods higher than the value of the carriers' limits of liability.

Value-Added Tax (VAT)

A fee levied on all goods and services as goods and services go through the production chain, from the raw material to final use. The amount taxed is the amount of the value in a particular step in the production chain.

Van Operator

The individual(s) responsible for the operation of a tractor and for the loading, transportation and unloading of shipments. Also referred as driver.

Vendor

The provider of goods or services. See Supplier.

Vendor Project Management

Coordinating the relocation of specific components from the existing location into the new site or the asset swap of specific equipment. This includes management of one or multiple vendors who may support the specified equipment via warranty or maintenance service contracts.

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Walkboard

Walkway used as a bridge from the ground to a trailer's floor for loading or unloading.

Warehouse

Storage location for products. Principal warehouse activities include receipt of product, storage, shipment, and order picking.

Warehousing

Storage of goods in an approved facility.

Warehouse Management System (WMS)

Effectively managing warehouse business processes and direct warehouse activities, including receiving, put away, picking, shipping, and inventory cycle counts.

Waybill

Document prepared by a transportation line at point of origin showing destination, route, consignor, consignee, description of a shipment and amount charged for transportation services. Forwarded with shipment or directly by mail to the agent at the transfer point or waybill destination.

Weight Break

The shipment volume at which point the less-than-truckload (LTL) charges equal the Truckload (TL) charges at the minimum weight.

Weight Confirmation

Confirming or validating receipts or shipments based on the weight.

Work in Process (WIP)

Parts and subassemblies in the process of completing finished goods. Work in process includes all of the material, labor, and overhead charges against a production order, which has not been absorbed back into inventory through receipt of completed products.

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Zone Picking

A method of subdividing a picking list within a storeroom for more efficient and rapid order picking. A zone-picked order must be grouped to a single location and the separate pieces combined before delivery.


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