Glossary
A-B | C-D | E-J | K-P | Q-T | U-Z | see all
- Q -
Quantity Per
The quantity of a particular item required to make one unit of another item or product. Quantity per can be found on the materials list of a production order or a bill of material.
- R -
Rack
A shelf in a warehouse used for palletized freight.
Reverse Logistics
The system of processing returned items from B2B or B2C operations. It involves customer service, processing refunds and credits, restoring products back to the inventory stock, product refurbishing and repackaging or product disposal.
Refurbishing
The reparation or restoration of a product to its original condition according to the client's standards. The refurbishing process involves testing the returned item, replacing parts of the item, product repackaging and returning of products to the inventory.
Roller Conveyor
A series of rollers in a frame over which objects are moved by gravitational force or by power.
- S -
SCM (Supply Chain Management)
The process of managing the operations within the supply chain. These operations range from the storage and movement of raw materials, work-in-progress inventory and final products. An efficient SCM system helps clients increase their inventory turnover, improve transaction speed and increase final revenue.
Shared Labor Costs
Shared labor costs are a result of two or more client firms sharing labor costs due to simultaneous shared overhead within a warehouse in which their operations are executed.
Shipping Manifest System
Software system used to link shipments with the carrier, service, rate, etc. These systems create a physical or electronic report to be sent to the carrier for billing purposes. Shipping systems are used to create shipping documents such as a bill of lading, compliance shipping labels, etc.
Skid
Also known as pallet. A skid refers to the actual platform used to move or store items. A skid also refers to the goods that are on the skid. The standard measurement for a skid is 40" by 48" and a height of 4".
SKU (Stock Keeping Unit)
A number assigned to an item that is stored and tracked. A SKU can also be used to refer to the item itself.
- T -
3PF (Third Party Fulfillment)
The process of warehousing client inventory and processing customer shipments to end-consumers on behalf of a client. 3PF transactions are used for both B2B and B2C operations.
3PL (Third Party Logistics)
The business of providing supply chain logistics services to product manufacturers. Third party logistics services include product storage and warehousing, inventory management, order processing, pick/pack and ship processes, and distribution services including freight consolidation. Some 3PL firms also provide reverse logistics services including returns management. Companies prefer outsourcing logistics services to a 3PL firm because of the time and cost-efficiency provided by a 3PL firm.
Test Fixtures
All the pieces or components needed to run a test with an expectation of a certain outcome.
Truck Load
The amount of product or orders that equal one full standard trailer filled with the product or orders.
Trailer (Semi-Trailer, Tractor-Trailer)
In 3PL, the enclosed trailer of standard lengths used to ship items or materials to and from different locations. The standard lengths for trailers are 45, 48 and 53 feet. The standard internal width of a trailer is about 98 to 99 inches with a height of anywhere from 105 to 110 inches.
