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Supply Chain Management
The management of the flow of goods, services, and information from origin to consumption.
Omnichannel Retailing
A sales approach that provides customers with a seamless shopping experience, whether online or in-store.
Amazon Factor
The influence of Amazon's operational strategies and customer service standards on the logistics and supply chain industry.
Globalization
The process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.
Outsourcing
The practice of hiring third-party service providers for specific functions or operations.
Deregulation
The reduction or elimination of government rules controlling how businesses conduct their operations.
DOT
Department of Transportation; a U.S. government agency that oversees national transportation.
TSA
Transportation Security Administration; responsible for security in all modes of transportation in the U.S.
C-TPAT
Customs-Trade Partnership Against Terrorism; a voluntary program to enhance international supply chain security.
Modes of Transportation
Various methods used to transport goods, including air, rail, motor, water, and pipeline.
Cost in Transportation
Expenses incurred in moving goods from one place to another, often a key factor in logistics decisions.
Flexibility in Transportation
The ability of a transportation mode to accommodate changes in delivery schedules or routes.
Air Transportation
The fastest mode for long-distance freight movement, especially for high-value or perishable goods.
Motor Carrier
A trucking service that accounts for a significant portion of freight tonnage in the U.S.
Less-than-Truckload (LTL)
Shipments that weigh between 150 and 10,000 pounds, grouped with multiple shippers' freight.
Truckload (TL)
Shipments that typically weigh more than 10,000 pounds, moving directly from shipper to consignee.
Pipeline Transportation
A mode of transport that moves liquid or gaseous products through a network of pipes.
Rail Transportation
A mode of transport that involves moving goods via trains over tracks, suitable for heavy, bulk shipments.
Water Transportation
An economical but slower mode of transport primarily for bulk and lower-value goods.
Intermodal Transportation
The use of two or more modes of transportation to maximize efficiency and minimize costs.
Common Carriers
Those that offer transportation services to the general public without discrimination.
Contract Carriers
Transportation providers that serve specific customers under contractual agreements.
Exempt Carriers
Carriers that are not regulated for specific services or products.
Private Carriers
Transportation services owned by the firm that does not offer services to the public.
Core Carrier Concept
Using a limited number of carriers to establish strong partnerships for transport efficiency.
Last-Mile Delivery
The final step of the product delivery process that involves getting the product to the customer.
Yard Management Systems (YMS)
Software tools designed to manage containers and trailers in yard operations.
Warehouse Management Systems (WMS)
Software tools used to control and optimize warehouse operations.
Fulfillment Centers
Facilities focused on receiving, processing, and delivering e-commerce orders directly to consumers.
Cross-Docking Facilities
Operations that receive products and ship them out the same day without storing them.
Public Warehousing
Warehouse space available for rent that does not require capital investment from users.
Private Warehousing
Warehouses owned by the company storing goods, typically for large volume inventories.
Contract Warehousing
Long-term, mutually beneficial arrangements providing tailored logistics services to one client.
Multiclient Warehousing
Facilities shared among multiple clients, benefiting smaller organizations not needing full private warehousing.
Warehouse Layout
The design and organization of warehouse space to maximize efficiency in storage and retrieval.
Velocity Slotting
A warehousing strategy that places frequently picked items in accessible locations to minimize travel.
Transportation Management Systems (TMS)
Software that optimizes the planning and execution of freight movement.
Audit and Payment in Transportation
The process of verifying freight bills from various carriers and managing payment methods.
Warehouse Productivity
The ratio of the actual output of warehousing operations to the input utilized.
Warehouse Location Analysis
Evaluating market and production positions to decide optimal warehouse placement.
Transportation Infrastructure
The foundational systems and facilities necessary for effective freight movement.
KPI's in Transportation
Key Performance Indicators used to measure the effectiveness and efficiency of transportation operations.
Shippers Association
Cooperatives of shippers that work together to negotiate transportation rates and services.
Freight Forwarders
Entities that arrange the shipping of goods on behalf of shippers, often involving customs clearance.
Accessorial Charges
Extra fees that may be included in freight billing for additional services or special conditions.
Economic Regulatory Policies
Government policies that oversee and regulate transportation rates and services.
Carrier Bidding
The process of soliciting bids from multiple carriers to select the best transportation options.
Congestion in Transportation
Overcrowding in transportation networks that leads to delays and inefficiencies.
Safety and Environmental Regulations
Rules established to ensure safe and environmentally responsible transportation practices.