Container Freight Station (CFS): The location designated by carriers for receipt of cargo for being packed into containers/equipment by the provider. At location, CFS is the location specified through the carrier for unpacking of cargo from products/containers.
Activity-Based mostly Costing (ABC): A methodology that measures the price and general performance of Expense objects, actions, and resources. Price objects take in things to do and things to do take in assets. Source prices are assigned to actions centered on their usage of People means, and action prices are reassigned to Price tag objects (outpputs) dependant on the associated fee objects proportional utilization of All those functions.
Doc: In EDI, a kind, for example an Bill or buy get, that buying and selling partners have agreed to Trade and that the EDI software program handles within its compliance-examining logic.
Barter: The Trade of commodities or providers for other commodities or providers instead of the purchase of commodities or companies with funds.
Customs Broker: A company that signifies importers/exporters in dealings with customs. Normally responsible for acquiring and publishing all paperwork for clearing items by way of customs, arranging inland transport, and having to pay all charges relevant to these capabilities.
Any-Amount get more (AQ) level: A level that relates to any size cargo tendered to a carrier; no lower price price is readily available for significant shipments.
Digital Funds Transfer (EFT): A computerized program that procedures money transactions and information regarding these transactions or performs the Trade of value.
Shipping and delivery Overall performance to Ask for Date: The percentage of orders which are fulfilled on or right before the customer's requested day utilised to be a evaluate of responsiveness to sector need. Supply measurements are based on the anonymous date a complete order is transported or maybe the ship-to this point of a complete order.
Activity Analysis: The whole process of pinpointing and cataloging things to do for in depth comprehension and documentation of their qualities. An action analysis is attained by means of interviews, team sessions, questionnaires, observations, and opinions of physical data of work.
five-S System: A software for Arranging work regions. Sometimes generally known as factors, Just about every of your five elements of the program begins While using the letter "S.
Genuine Demand: Actual desire is made up of customer orders (and infrequently allocations of things, substances, or raw materials to generation or distribution). Precise need nets versus or consumes the forecast, depending upon the regulations picked over a time horizon.
Flight Range: An identifier connected with the air machines (aircraft). Typically a combination of two letters, indicating the airline, and 3 or 4 digits indicating the quantity of the voyage.
Crack-Even Level: The level of manufacturing or the quantity of revenue at which operations are neither lucrative nor unprofitable. The crack-even level may be the intersection of the full income and full Expense curves.
Empirical: Pertaining to an announcement or formulation depending on expertise or observation as opposed to on deduction or concept.