Consular Bill: A doc, expected by some international countries, describing a shipment of goods and displaying info like the consignor, consignee, and value of the cargo. Accredited by a consular Formal of your international place, it can be used by the nation's tailor made.
Conference Carrier: An ocean carrier who is a member of an association known as a "conference." The goal of the conference would be to standardize transport procedures, remove freight level Levels of competition, and supply on a regular basis scheduled company between distinct ports.
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Density: A physical characteristic measuring a commodity's mass per device quantity or pounds per cubic foot; a crucial factor in ratemaking, since density influences the utilization of a carrier's motor vehicle.
Split-Bulk: The separation of a consolidated bulk load into smaller sized particular person shipments for delivery to the last word consignee. The freight might be moved intact In the trailer, or it may be interchanged and rehandled to connecting carriers.
Carousel: A rotating method of levels of bins and/or drawers that can retailer lots of compact merchandise working with comparatively minor floor Room.
Batch Picking: A approach to finding orders by which get specifications are aggregated by solution across orders to cut back motion to and from merchandise spots.
Bullwhip Outcome: An Intense adjust in the provision posture upstream in the source chain created look here by a small change in need downstream in the supply chain. Inventory can speedily move from getting backordered to remaining in extra.
Cross Shipment: Substance circulation exercise wherever products are shipped to clients from a secondary shipping and delivery position as an alternative to from the preferred transport issue.
Bar Code: A image consisting of the series of printed bars representing values. A system of optical character reading, scanning, monitoring of units by studying a number of printed bars for translation into a numeric or alphanumeric identification code. A well-liked illustration is the UPC code applied on retail packaging.
Modify Buy: A proper notification that a invest in buy or store get should be modified in some way. This modification can result from a revised quantity, date, or specification by The client; an engineering change; a improve in inventory prerequisite details; and so on.
Area Warehouse: A warehouse that outlets merchandise on the goods' owner's residence when the products are below a bona fide general public warehouse supervisor's custody. The operator makes use of the general public warehouse receipts as collateral for a mortgage.
Aggressive click for more Bid: A rate/company featuring by a supplier that will have to compete with choices from other suppliers.
Civil Aeronautics Board: A federal regulatory agency that executed economic regulatory controls over air carriers.