Glossary of Logistics & Supply Chain Management Terms
Provides a definition of the most commonly used terms in Logistics & Supply Chain Management.
Cycle Stock
Definition of Cycle Stock.
Definition of Cycle Stock.
Safety Stock
Description of Safety Stock.
Description of Safety Stock.
Key Performance Indicators
A Key Performance Indicator is a management metric that measures the performance of the logistical system. Customer service, cost, productivity, quality and asset management are all areas that may be measured.
A Key Performance Indicator is a management metric that measures the performance of the logistical system. Customer service, cost, productivity, quality and asset management are all areas that may be measured.
Time and Attendance System
A Time and Attendance (TA) system is a software package that tracks employee hours and how they are utilized in a warehouse operation.
A Time and Attendance (TA) system is a software package that tracks employee hours and how they are utilized in a warehouse operation.
Warehouse Management System
A Warehouse Management System (WMS) is a software package that adds value to warehouse operations so they may be more efficiently and effectively executed.
A Warehouse Management System (WMS) is a software package that adds value to warehouse operations so they may be more efficiently and effectively executed.
Collaborative Planning, Forecasting and Replenishment (CPFR)
Collaborative Planning, Forecasting and Replenishment (CPFR)
Collaborative Planning, Forecasting and Replenishment (CPFR)
Cross Dock
Cross Dock definition.
Cross Dock definition.
Stock Keeping Unit
Stock Keeping Unit definition
Stock Keeping Unit definition