Split-Bulk: The separation of a consolidated bulk load into more compact specific shipments for shipping and delivery to the last word consignee. The freight may be moved intact inside the trailer, or it might be interchanged and rehandled to connecting carriers.
Any-Quantity (AQ) level: A charge that relates to any measurement cargo tendered to a carrier; no lower price rate is readily available for big shipments.
Density: A physical characteristic measuring a commodity's mass for every device volume or kilos per cubic foot; a crucial Consider ratemaking, given that density has an effect on the utilization of a provider's motor vehicle.
Bar Code: A symbol consisting of the number of printed bars symbolizing values. A system of optical character reading through, scanning, monitoring of units by reading through a number of printed bars for translation right into a numeric or alphanumeric identification code. A well-liked case in point would be the UPC code utilized on retail packaging.
Make to Get: A method of decreasing stock by not production product or service right until There exists an true buy from the customer.
Fourth Social gathering Logistics (4PL): Differs from 3rd party logistics in the following approaches: (1) 4PL organization is usually a individual entity set up being a joint venture or long-time period contract amongst a Key consumer and a number of companions; (2) 4PL organization functions as a single useful link interface concerning the customer and multiple logistics service suppliers; (3) All aspects (ideally) on the consumer's source chain are managed because of the 4PL Corporation; (four) It is feasible for a major 3rd party logistics supplier to form a 4PL Group inside its current composition (
Bleeding Edge: An unproven process or technologies to date in advance of its time that it may well develop find a aggressive disadvantage.
Export License: A document secured from a authorities authorizing an exporter to export a particular amount of a controlled commodity to a specific place. An export license is frequently essential if a governing administration has positioned embargoes or other constraints on exports.
Heijunka: While in the click for source just-in-time philosophy, an method of amount output through the entire supply chain to match the planned fee of stop product income.
Acquire Freight: Freight payable into the provider with the port of discharge or supreme spot. The consignee will not pay out the freight demand Should the cargo would not get there on the vacation spot.
Bundling: An occurrence where two or more products and solutions are combined into one particular transaction for just one price tag.
Built-in Carrier: An airfreight organization which offers a combination of transportation services which include air carriage, freight forwarding, and floor handling.
World-wide System: A method that focuses on improving all over the world functionality throughout the income and advertising of common items and expert services with least product or service variation by nation. Its competitive edge grows by means of selecting the right spots for functions in other countries.
Classification yard: A railroad terminal spot in which railcars are grouped alongside one another to type educate models.