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Commerce (EC) ECO: See Engineering Change Order (ECO) E-Commerce: See Electronic Commerce. Customer Segmentation: Dividing customers into groups based on specific criteria, such as products purchased, customer geographic location, etc. Order Fulfillment: This includes costs associated with order processing, inventory allocation, ordering from internal or external suppliers, shipment scheduling, order status reporting, and shipment initiation. In a pull environment, a customer's purchase sends replenishment information back through the supply chain from retailer to distributor to manufacturer so goods are pulled through the supply chain. Personal Computer (PC An individual unit an operator uses for creating and maintaining nuvigil generic coupon programs and files; can often access the mainframe simultaneously. These costs consist of the following:. Joint Supplier Agreement (JSA Indicative of Stage 3 Sourcing Practices, the JSA includes terms and conditions, objective, process flows, performance targets, flexibility, balancing, and incentives. Clearance: A document stating that a shipment is free to be imported into the country after all legal requirements have been met. While the terms barge and lighter are used interchangeably, a barge usually refers to a vessel used for a long haul, while a lighter is used for a short haul. For example, where a company maintains inventory in multiple distribution centers to provide a higher level of customer service.
Analogous to usage of the term in data processing in which a transaction can be an inquiry or a range of updates and trading transactions. Scalability: 1) How quickly and efficiently a company can ramp up to meet demand. Usually used for less-than-container load shipments. The number of units and/or value of the stock of goods held by a company.
Contract Administration: Managing all aspects of a contract to guarantee that the contractor fulfills his obligations. Final Assembly: The highest level assembled product, as it is shipped to customers. An emerging application, electronic commerce has been facilitated by developments in other areas in the mobile world, such as dual slot phones and other smarter terminals, and more standardized protocols which allow greater interactivity and therefore, more sophisticated service.
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Bottleneck: A constraint, obstacle, or planned control that limits throughput or the utilization of capacity. For accounting purposes, the grocery store chain identifies Nabisco as Vendor #76091. O Obsolete Inventory: Inventory for which there is no forecast demand expected. Do you need basic connection diagrams? Used for focusing attention and may be subjective. Performance measures should be both non-financial and financial. Some examples of commonly outsourced areas are assembly, test, metal finishing or painting, and specialized assembly process. Private fleets typically perform distribution or service functions. Synonym: Manufacturing Cycle Time. Ocean Bill of Lading: The bill of lading issued by the ocean carrier to its customer. Indirect Cost: A resource or activity cost that cannot be directly traced to a final cost object since no direct or repeatable cause-and-effect relationship exists. The company must maintain this area tenacious toys coupon code in accordance with government safety regulations.
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Inbound Logistics glossary of transportation, logistics, supply chain, and international trade terms can help you navigate through confusion and get to the meaning behind industry jargon.
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