Supply Chain Logistics: Foundational Knowledge for Frontline Workers

A set of vocabulary flashcards based on key concepts from the lecture on supply chain logistics.

Inventory

Controlled quantities of materials held within supply chain facilities.

Raw Materials

Materials ready for use in production.

Work-in-Process (WIP)

Materials currently being processed.

Finished Goods

Products ready for storage or shipment.

In-transit Products

Products being transported from a supplier to a customer.

Customer Interaction

The customer drives the supply chain logistics process and can also be a supplier to another customer.

Entry-level Jobs

Jobs requiring a high school education and possibly additional certifications.

Material Movers

Entry-level positions in logistics typically starting at a pay of $35,000.

Warehouse Supervisor

Roles with broader responsibilities earning $60,000 and higher.

Director of Distribution

Positions typically earning around $150,000.

Shipping Methods

Determined by customer requirements including carrier selection and product labeling.

Cross-docking

Direct transfer of goods from incoming to outgoing trailers without storage.

Receiving

The process involving the physical receipt, inspection, and processing of materials.

Stocking

Assigning products to the proper location within a warehouse.

Order Processing

The assembly of products from various locations for specific customer orders.

Transportation

Links sources of supply with customers through various modes.

Supply Chain

The global network delivering products from raw materials to end customers.

Performance Measures

Metrics used to evaluate efficiency and effectiveness in logistics operations.