Beruflich Dokumente
Kultur Dokumente
Back Order:
Product ordered but out of stock and promised to ship when the product
becomes available.
2. Benchmarking:
The process of comparing performance against the practices of other
leading companies for the purpose of improving performance. Companies
also benchmark internally by tracking and comparing current
performance with past performance. Benchmarking seeks to improve any
given business process by exploiting "best practices" rather than merely
measuring the best performance. Best practices are the cause of best
performance. Studying best practices provides the greatest opportunity
for gaining a strategic, operational, and financial advantage.
4. Channels of Distribution:
The downstream flow of products through various outlets or channels
which may consist of distributors, retail stores,on-line fulfilment.
5. Consignee: The party to whom goods are shipped and delivered. The
receiver of a freight shipment.
9. Containerization:
A system of intermodal freight transport using standard intermodal
containers that are standardized by the International Organization for
Standardization (ISO). These can be loaded and sealed intact onto
container ships, railroad cars, planes, and trucks.
10.Distribution Center (DC): The warehouse facility which holds
inventory from manufacturing pending distribution to the appropriate
stores.
13.Fill Rate: The percentage of order items that the picking operation
actually fills within a given period of time.
16.Full Container load (FCL):A term used when goods occupy a whole
container.
22.Inventory Turns:
This ratio measures how many times a company's inventory has been sold
(turned over)during a period of time.
The cost of good sold divided by the average level of inventory on hand.
Operationally, inventory turns are measured as total throughput divided
by the average level of inventory for a given period - how many times a
year the average inventory for a firm changes over, or is sold.
23.Make-to-Order (MTO):
Also called Manufacture-to-order.
A manufacturing process strategy where the trigger to begin manufacture
of a product is an actual customer order or release, rather than a market
forecast. For Make-to-Order products, more than 20%of the value-added
takes place after the receipt of the order or release, and all necessary
design and process documentation is available at time of order receipt.
24.Make-to-Stock (MTS):
Also called Manufacture-to-stock.
A manufacturing process strategy where finished product is continually
held in plant or warehouse inventory to fulfill expected incoming orders
or releases based on a forecast.