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Floor-Ready Merchandise (FRM): Goods shipped by suppliers to retailers with all necessary tags, prices, security devices, etc. Internal Customer: The recipient (person or department) of another person's or department's output (good, service, or information) within an organization. Specific, Measurable, Achievable, Realistic, Time Based (SMART): A shorthand description of a way of setting goals and targets for individuals and teams. Day to day logistics yard storage. Also see: Small Group Improvement Activity.

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Results, order, filter. Performance measures enable periodic comparison and benchmarking. Day To Day Logistics Yard – household service in Ontario, reviews, prices – Nicelocal. Going-Concern Value: The value that a firm has as an entity, as opposed to the sum of the values of each of its parts taken separately; particularly important in determining a reasonable railroad rate. We pay every Friday, and for most of our driving positions, you're home daily. Actual to Theoretical Cycle Time: The ratio of the measured time required to produce a given output divided by the sum of the time required to produce a given output based on the rated efficiency of the machinery and labor operations. Private motor carriers may haul at a fee for wholly owned subsidiaries. Copies travel with goods and are retained by originating/delivering agents.

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In-Transit Inventory: Material moving between two or more locations, usually separated geographically; for example, finished goods being shipped from a plant to a distribution center. A contract may be oral or written. CRP: See Continuous Replenishment Planning (CRP). Pawn shops, Freight & cargo shipping and transportation, Dry cleaners, Tailor shops, Garbage pickup, Photo studio, Video editing. MES: See Manufacturing Execution Systems (MES). Internet analysts predict this will be the biggest sector on the web. The request for the change can be from a customer or from production, quality control, another department, or a supplier. Drop Ship: To take the title of the products but not actually handle, stock, or deliver it, e. g., to have one supplier ship directly to another or to have a supplier ship directly to the buyer's customer. Pratt Logistics is a division of Pratt Industries. The business is listed under transportation service category. Day and ross dedicated logistics. The bullwhip effect can be eliminated by synchronizing the supply chain. Safe effective, and efficient delivery of goods.

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Electronic Data Interchange Association: A national body that propagates and controls the use of EDI in a given country. This concept implies that since a past outlay is the same regardless of the alternative selected, it should not influence the choice between alternatives. If the stock were held at the configuration component level, the company would have nine SKUs. EnviroServe Careers. The purpose of the conference is to standardize shipping practices, eliminate freight rate competition, and provide regularly scheduled service between specific ports. Yard & Shuttle Management. The company must maintain this area in accordance with government safety regulations. This ratio measures how many times a company's inventory has been sold during a period of time. Freight forwarders provide the ability to respond quickly and efficiently to changing customer and consumer demands and international shipping (import/export) requirements. Does not include WIP storage time. 3D Loading: 3D loading is a method of space optimizing designed to help quickly and easily plan the best compact arrangement of any 3D rectangular object set (boxes) within one or more larger rectangular enclosures (containers). "Hard" costs include items such as the purchase price of the asset, implementation fees, upgrades, maintenance, contracts, support contracts, disposal costs, and license fees that may or may not be up-front or charged annually. Selling, General, and Administrative (SG&A) Expenses: Includes marketing, communication, customer service, sales, salaries and commissions, occupancy expenses, unallocated overhead, etc.

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Perfect Order: The definition of a perfect order is one which meets all of the following criteria: * Delivered complete, with all items on the order in the quantity requested. A truck delivers urgently needed goods in short supply. The rope is a communication process from the constraint to the gating operation that checks or limits material released into the system to support the constraint. The EPC is a 96-bit tag which contains a number called the global Trade Identification Number (GTIN). Will be available at the right time and place to meet logistics and supply chain needs. Automate tasks in the yard with task orchestration tools. Goods: A term associated with more than one definition: 1) Common term indicating movable property, merchandise, or wares. Gain Sharing: A method of incentive compensation where supply chain partners share collectively in savings from productivity improvements. Day Cab in Fort Worth, TX | Pratt Logistics, LLC. Also see: Continuous Process Improvement. Direct Store Delivery (DSD): Process of shipping direct from a manufacturer's plant or distribution center to the customer's retail store, thus bypassing the customer's distribution center. Bucketed System: An MRP, DRP, or other time-phased system in which all time-phased data are accumulated into time periods, or buckets. Charging Area: A warehouse area where a company maintains battery chargers and extra batteries to support a fleet of electrically powered materials handling equipment.

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2) A reference for a transportation network as a "hub and spoke" which is common in the airline and trucking industry. Customer/Order Fulfillment Process: A series of customers' interactions with an organization through the order-filling process, including product/service design, production and delivery, and order stats reporting. Transportation Planning Systems: The systems used in optimizing assignments from plants to distribution centers, and from distribution centers to stores. 3) In manufacturing, this is the document which defines a process of steps used to manufacture and/or assemble a product. Contrast with Allocation. Day to day logistics yard touchdown. Deadhead: The return of an empty transportation container to its point of origin. Qualifications: - Valid CDL Class A license required. Contracts are individually negotiated and usually include cargo description, quantities per shipment and in total, load and discharge ports, freight rates and duration of the contract. A burn rate of $50, 000 would mean the company spends $50, 000 a month above any incoming cash flow to sustain its business. The freight may be moved intact inside the trailer, or it may be interchanged and rehandled to connecting carriers. If you did not find what you were looking for, contact us for further help!

Synonym: Build to Order. Because cost causal relationships are viewed as more relevant for management decision making, assignment of costs is generally preferable to allocation techniques. Just in Time II (JIT II): Vendor-managed operations taking place within a customer's facility. Our award-winning, family-owned-and-operated company combines 40+ years of logistics experience with the speed-to-market expected in today's business environment. Manage gate appointments and bookings directly in the system. Wave Picking: A method of selecting and sequencing picking lists to minimize the waiting time of the delivered material.

The EDI in the United States was formerly TDCC and administered the development of standards in transportation and other industries. Studying and monitoring of activities are typically seen as being concerned and results in improved productivity. This can also be considered the first discharge port. Functional Group: Part of the hierarchical structure of EDI transmissions, a functional group contains one or more related transaction sets preceded by a functional group header and followed by a functional group trailer. A keiretsu generally forms around a bank and a trading company but distribution (supply chain) keiretsus exist, linking companies from raw material suppliers to retailers.. Key Performance Indicator (KPI): A measure which is of strategic importance to a company or department. COGS: See Cost-of-Goods Sold (COGS). ULD: See Unit Load Device (ULD). E-Commerce: See Electronic Commerce. These costs are broken into Returns Order Management, Returns Inventory Carrying, Returns Material Acquisition, Finance, Planning, IT, Disposal, and Warranty Costs. A pre-pull is necessary when you can't accept the delivery before the last free day, and want to avoid demurrage fees. Life cycle cost is the accumulated costs incurred by a product during these stages.

Apartment renovation, Construction company, Heating and water supply and sewerage systems, Construction work, Landscape design, Floor screed, Tile laying. Tactical Planning: The process of developing a set of tactical plants (e. g., production plan, sales plan, marketing plan, and so on). EPC or ePC: Electronic Product Code. Total Product Revenue: The total value of sales made to external customers plus the transfer price valuation of intra-company shipments, net of all discounts, coupons, allowances, and rebates. Relies upon both quantitative and qualitative methods. Shipper-Carriers: Shipper-carriers (also called private carriers) are companies with goods to be shipped that own or manage their own vehicle fleets. Factors to consider in the decision include costs, capacity availability, proprietary and/or specialized knowledge, quality considerations, skill requirements, volume, and timing. For example, both product and functional forms of organization could be implemented simultaneously; in other words, the product and functional managers have equal authority and employees report to both managers. Shows origin, destination, consignee/consignor, and amount charged.

Delivery Performance to Commit Date: The percentage of orders that are fulfilled on o before the internal commit date, used as a measure of internal scheduling systems effectiveness. Countervailing Duties: An additional import duty imposed to offset Government subsidies in the exporting country, when the subsidized imports cause material injury to domestic industry in the importing country. Electronic Data Interchange (EDI): Intercompany, computer-to-computer transmission of business information in a standard format. The break-even point is the intersection of the total revenue and total cost curves. Cost Driver: In accounting, any situation or event that causes a change in the consumption of a resource, or influences quality or cycle time. Glossary of Supply Chain and Logistics Terms.

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