Professional Documents
Culture Documents
Logistics Acronyms
Athird-party logistics
provider
Athird-party logistics
provider(abbreviated3PL, or
sometimesTPL) is a firm that
provides service to itscustomers
of outsourced (or "third party")
logisticsservices for part, or all
of their
supply chain management
functions.
Third party logistics providers
typically specialize in integrated
operation,warehousingand
transportationservices that can
be scaled and customized to
customers' needs based on
market conditions and the
demands and delivery service
requirements for their products
and materials.
Aheavy goods
vehicle(also large
goods
vehicle,medium
goods
vehicle,LGVandHG
V), is the
European Unionterm
for anytruckwith a
gross combination m
ass
(GCM) of over
3,500kilograms.
Distribution Center
Adistribution
centerfor a set of
productsis a
warehouseor other
specializedbuilding,
often withrefrigeration
orair conditioning,
which is stocked with
products (goods) to be
redistributed to
retailers, to
wholesalers, or directly
to consumers.
Less-than-container load
Less-than-container load
(LCL) is ashipmentthat is
not large enough to fill a
standardcargo container.
It can also be defined as
"a consignment of cargo
which is inefficient to fill a
shipping container. It is
grouped with other
consignments for the
same destination in a
container at a container
freight station.
Electronic data
interchange(EDI)
value-added
service(VAS)
Avalue-added
service(VAS) is
a popular
telecommunicati
ons
industry term
for noncore services, or
in short, all
services beyond
standard voice
calls and fax
Radio-frequency
identification(RFID)
Radio-frequency
identification(RFID)
is the wireless use of
electromagnetic fields
to transfer data, for the
purposes of
automatically
identifying and tracking
tags attached to
objects.
The tags contain
electronically stored
information.
TheInternational Standards
Organization
TheInternational
Organization for
Standardizationknown
asISO, is an
international standardsetting body composed
of representatives from
various national
standards organizations.
Founded on 23 February
1947, the organization
promotes worldwide
proprietary, industrial
and commercial
Global Positioning
System(GPS)
TheGlobal
Positioning
System(GPS) is a
space-based
satellite navigation
system that
provides location
and time
information in all
weather conditions
Transshipment
Transferof ashipmentfrom
onecarrier, or more
commonly, from one vessel to
another whereasin transit.
Transshipments are usually
made (1) where there is no
direct air,land, or sealink
between theconsignor'sand
consignee'scountries, (2)
where the intended
port of entryis blocked, or (3)
to hide theidentityof the
portorcountry of origin.
Because transshipment
exposes the shipment to a
higherprobabilityofdamage
or loss, somepurchase
Break-bulk
denoting a system of
transporting cargo as
separate pieces rather than in
containers.
Cross-docking
Order picking
Reverse logistics
Warehousing
DWT
Deadweight
tonnage(also known
asdeadweight; abbreviated
toDWT,D.W.T.,d.w.t., ordwt)
ortons deadweight(TDW) is a
measure of how muchmassa ship
iscarryingor can safely carry;it does
not include the weight of the ship.
DWT is the sum of the weights of
cargo, fuel,fresh water,ballast water,
provisions, passengers, andcrew.
Large Crude
Carriers (ULCC) are
super tankers with a
DWT of more than
300,000, for the
transport of crude oil.
Very Large Crude
Carriers (VLCC) are
super tankers with a
DWT between 250,000
and 300,000, for the
transport of crude oil.
crude: raw
JIT
'Just
In Time - JIT'
Aninventorystrategy companies
employ to increase efficiency and
decrease waste by receiving goods
only as they are needed in the
production process, thereby reducing
inventory costs.