AI Marketing Cards

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49 Terms

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Supply Chain Management

The management of the flow of goods, services, and information from origin to consumption.

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Omnichannel Retailing

A sales approach that provides customers with a seamless shopping experience, whether online or in-store.

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Amazon Factor

The influence of Amazon's operational strategies and customer service standards on the logistics and supply chain industry.

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Globalization

The process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.

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Outsourcing

The practice of hiring third-party service providers for specific functions or operations.

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Deregulation

The reduction or elimination of government rules controlling how businesses conduct their operations.

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DOT

Department of Transportation; a U.S. government agency that oversees national transportation.

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TSA

Transportation Security Administration; responsible for security in all modes of transportation in the U.S.

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C-TPAT

Customs-Trade Partnership Against Terrorism; a voluntary program to enhance international supply chain security.

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Modes of Transportation

Various methods used to transport goods, including air, rail, motor, water, and pipeline.

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Cost in Transportation

Expenses incurred in moving goods from one place to another, often a key factor in logistics decisions.

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Flexibility in Transportation

The ability of a transportation mode to accommodate changes in delivery schedules or routes.

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Air Transportation

The fastest mode for long-distance freight movement, especially for high-value or perishable goods.

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Motor Carrier

A trucking service that accounts for a significant portion of freight tonnage in the U.S.

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Less-than-Truckload (LTL)

Shipments that weigh between 150 and 10,000 pounds, grouped with multiple shippers' freight.

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Truckload (TL)

Shipments that typically weigh more than 10,000 pounds, moving directly from shipper to consignee.

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Pipeline Transportation

A mode of transport that moves liquid or gaseous products through a network of pipes.

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Rail Transportation

A mode of transport that involves moving goods via trains over tracks, suitable for heavy, bulk shipments.

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Water Transportation

An economical but slower mode of transport primarily for bulk and lower-value goods.

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Intermodal Transportation

The use of two or more modes of transportation to maximize efficiency and minimize costs.

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Common Carriers

Those that offer transportation services to the general public without discrimination.

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Contract Carriers

Transportation providers that serve specific customers under contractual agreements.

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Exempt Carriers

Carriers that are not regulated for specific services or products.

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Private Carriers

Transportation services owned by the firm that does not offer services to the public.

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Core Carrier Concept

Using a limited number of carriers to establish strong partnerships for transport efficiency.

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Last-Mile Delivery

The final step of the product delivery process that involves getting the product to the customer.

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Yard Management Systems (YMS)

Software tools designed to manage containers and trailers in yard operations.

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Warehouse Management Systems (WMS)

Software tools used to control and optimize warehouse operations.

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Fulfillment Centers

Facilities focused on receiving, processing, and delivering e-commerce orders directly to consumers.

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Cross-Docking Facilities

Operations that receive products and ship them out the same day without storing them.

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Public Warehousing

Warehouse space available for rent that does not require capital investment from users.

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Private Warehousing

Warehouses owned by the company storing goods, typically for large volume inventories.

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Contract Warehousing

Long-term, mutually beneficial arrangements providing tailored logistics services to one client.

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Multiclient Warehousing

Facilities shared among multiple clients, benefiting smaller organizations not needing full private warehousing.

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Warehouse Layout

The design and organization of warehouse space to maximize efficiency in storage and retrieval.

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Velocity Slotting

A warehousing strategy that places frequently picked items in accessible locations to minimize travel.

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Transportation Management Systems (TMS)

Software that optimizes the planning and execution of freight movement.

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Audit and Payment in Transportation

The process of verifying freight bills from various carriers and managing payment methods.

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Warehouse Productivity

The ratio of the actual output of warehousing operations to the input utilized.

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Warehouse Location Analysis

Evaluating market and production positions to decide optimal warehouse placement.

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Transportation Infrastructure

The foundational systems and facilities necessary for effective freight movement.

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KPI's in Transportation

Key Performance Indicators used to measure the effectiveness and efficiency of transportation operations.

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Shippers Association

Cooperatives of shippers that work together to negotiate transportation rates and services.

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Freight Forwarders

Entities that arrange the shipping of goods on behalf of shippers, often involving customs clearance.

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Accessorial Charges

Extra fees that may be included in freight billing for additional services or special conditions.

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Economic Regulatory Policies

Government policies that oversee and regulate transportation rates and services.

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Carrier Bidding

The process of soliciting bids from multiple carriers to select the best transportation options.

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Congestion in Transportation

Overcrowding in transportation networks that leads to delays and inefficiencies.

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Safety and Environmental Regulations

Rules established to ensure safe and environmentally responsible transportation practices.