AutoID: Referring to an automatic identification system. This involves know-how such as bar coding and radio frequency tagging (RFID).
Cooperative Associations: Groups of firms or folks having frequent pursuits; agricultural cooperative associations may possibly haul as many as twenty five percent of their whole interstate non-farm, nonmember merchandise tonnage in movements incidental and needed to their Major business.
Countervailing Duties: An additional import responsibility imposed to offset Governing administration subsidies from the exporting state, once the backed imports trigger product harm to domestic field during the importing country.
Customer/Buy Fulfillment System: A collection of consumers' interactions with a corporation from the buy-filling course of action, together with products/services layout, creation and shipping, and order stats reporting.
Customer care: The number of actions involved in providing the entire choice of expert services to prospects.
Activity-Based Management (ABM): A willpower concentrating on the management of functions inside business enterprise procedures given that the path to repeatedly strengthen each the worth been given by consumers along with the gain attained in offering that benefit.
Agility: The opportunity to properly manufacture and industry a broad range of small-Price tag, substantial-quality products and services with limited guide instances and various volumes that deliver enhanced value to clients by way of customization. Agility merges the 4 distinctive competencies of Price, quality, dependability, and adaptability.
Monthly bill of Routines: A listing of activities essential by a product, assistance, process output, or other Expense item. Monthly bill of exercise characteristics could incorporate quantity and/or expense of Every single action from the listing.
Hazardous Merchandise: Article content or you could try these out substances able to posing a major threat to health, basic safety, or house, Which ordinarily need Particular interest when transported. Also referred to as Hazardous Goods.
Obligation Totally free Zone (DFZ): A place exactly where items or cargo may be saved without having shelling out import customs duties although awaiting production or long run transportation.
Channel Conflict: This occurs when various sales channels inside a firm's source chain contend with each other for a similar enterprise. An instance is exactly where a retail channel is in competition which has a Website-centered channel arrange by the corporate.
Finance Lease: An machines-leasing arrangement that provides the lessee with a method of financing for the leased tools; a common process for leasing motor provider trailers.
Dashboard: A general performance measurement tool used to capture a summary of The true secret efficiency indicators/metrics of a corporation. Metrics dashboards/scorecards should be easy to read and frequently have pink, yellow, eco-friendly indicators to flag when the corporate will not be Assembly its metrics targets. Preferably, a dashboard/scoreboard need to be cross purposeful in character and contain both additional reading equally money and non-fiscal measures.
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