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12 PIN  look up translate image
Chassis with 12 locking points.
2 THEORY FACTOR  look up translate image
Hygiene factor and Motivation factor
2-WAY PALLETS  look up translate image
allow entry by a forklift from the front or back of the pallet
2D BAR CODE  look up translate image
Two-dimensional bar code based on a flat set of rows of encrypted data in the form of bars and spaces, normally in a rectangular or square pattern.
3-C MODEL  look up translate image
Customer, Corporate & Competitor
360-DEGREE FEEDBACK  look up translate image
is an Appraisal technique in which an image of an employee is produced from multiple angles, leading to a circular (hence: 360°) picture of the employee
3D BAR CODE  look up translate image
Three-dimensional bar code based on a physically embossed or stamped set of encrypted data interpreted by variations in height rather than contrast between spaces and bars (as used in 2D bar codes). Often used in environments where labels can not be easily attached to items.
3PL  look up translate image
A "3PL" or third-party logistics provider; a supplier of outsourced logistics services that primarily uses its own assets and resources.
4 FACTOR OF BRAND VALUE  look up translate image
Differentiation, relevance, esteem, knowledge
4 STRATEGIC TYPES  look up translate image
Defender, Prospector, Analyser and Reactor
4-PS  look up translate image
Product, Price, Place, Promotions
4-WAY PALLETS  look up translate image
have the stringers notched (or use a blocking system instead of stringers) so a forklift can also enter the pallet from either side.
40/30/30 RULE  look up translate image
A rule that specifies the sources of quality problems as due to 40% from product design, 30% from manufacturing and 30% from vendors.
4PL  look up translate image
A "4PL" or fourth-party logistics provider; a supplier of outsourced supply chain coordination and management services that generally does not own or operate the underlying logistical assets and resources.
5 WHYS  look up translate image
This method, which involves five iterations of question-asking, is used to determine the root cause of a defect or problem; five iterations are usually sufficient.
5C'S OF MARKETING STRATEGY  look up translate image
Customer needs, Company skills, Competition, Collaborators and Context
5P MODEL  look up translate image
Purpose, Principles, Processes, People and Performance
5S  look up translate image
A set of workplace organization rules designed to increase efficiency and help enable lean manufacturing, as defined by: Sort- separate and categorize needed and unneeded materials and tools; Set in Order- arrange tools and other items for ease of use; Shine (or scrub)- maintain high level of cleanliness; Standardize- create a systematic plan to perform the first three steps; Sustain- devise methods to turn performing the steps on an ongoing basis into a habit.
6 LEADERSHIP STYLE  look up translate image
Visionary Leadership, Coaching Style, Affiliative Leadership, Demorcratic Leadership, Pacesetting Leadership, Commanding Leadership
7-PS  look up translate image
People, Process, Physical evidence, Product, Price, Place, Promotions
80/20 RULE  look up translate image
Rule based on Pareto's Law stating that 80% of an end result (quality problems, inventory valuation, distribution of wealth) comes from a source of 20% (items, number of people, etc.).
8D PROBLEM SOLVING. PROCESS  look up translate image
Applications for Major non-conformances, customer complaints, reoccurring issues, team approach needed. D1. Establish the team. D2. Describe the Problem/ D3. Implement and verify interim containment actions. D4. Identify and verify root causes. D5. Choose and verify corrective actions. D6. Implement and validate Permanent Correct Actions. D7. Prevent recurrence. D8. Congratulate the team.
A-BURTON  look up translate image
A stowage term used in designating cargo stowed athwart ship instead of fore and aft.
A-FRAME  look up translate image
A metal hoist or support which is used to handle heavy objects from a rail car.
A.S.T.M  look up translate image
American Society for Testing and Materials
A.T.A.  look up translate image
American Trucking Association.
A/P  look up translate image
See Accounts Payable
A/R  look up translate image
See Accounts Receivable
A1  look up translate image
In transportation, a first-class vessel. The letter "A" specifies the class in the which the hull is scheduled, and the numeral "1" refers to the stores and equipment. In Lloyd's Register, vessels are rated A1, A2, and so on down.
AA  look up translate image
Always Afloat (In some ports the ship aground when approaching, or at berth.)
AA ROADWATCH  look up translate image
Service of AA providing road reports, information on traffic delays, etc.
AAIB  look up translate image
Air Accidents Investigation Branch. Agency that investigates air accidents involving UK registered aircraft in the UK or abroad.
AAR  look up translate image
1)I) Insurance against all risks. 2) Industry Association. Association of American Railroad
ABAFT  look up translate image
A point beyond the midpoint of a ships length, towards the rear or stern.
ABANDON  look up translate image
A proceeding wherein a shipper/consignee seeks authority to abandon all or parts of their cargo.
ABANDONED VEHICLE  look up translate image
A motor vehicle that appears to the authorities to have been abandoned and which may subsequently be removed and disposed of under the provisions of the Road Traffic Regulation Acts.
ABANDONMENT  look up translate image
The decision of a carrier to give up or to discontinue service over a route. Railroads must seek ICC permission to abandon routes.
ABATEMENT  look up translate image
A discount allowed for damage or overcharge in the payment of a bill is termed abatement. The extent of the abatement is usually designated before the bill is due. The amount of the abatement is deducted from the bill. The term abatement also refers to a suspension of proceedings.
ABB  look up translate image
See Activity Based Budgeting
ABC  look up translate image
See Activity Based Costing
ABC ANALYSIS  look up translate image
Applied in the context of inventory, it's a determination of the relative ratios between the number of items and the currency value of the items purchased on a repetitive basis. 10-20% of the items ('A' class) account for 70-80% of the consumption, the next 15-25% ('B' class) account for 10-20% of the consumption and the balance 65-75% ('C' class) account for 5-10% of the consumption. 'A' class items are closely monitored

An inventory classification scheme that ranks items based on past (or projected)...(more)
ABC CURVE  look up translate image
ABC analysis whereby, for example, products or product lines can be categorized into A, B and C groupings where A represents fast movers, B = medium movers and C = slow movers. D usually represents obsolete items. Frequently drawn as a graph (or curve). See also Pareto - a system of analysis taking account of the 80/20 rule whereby generally 80 per cent of sales are for only 20 per cent of products.
ABC MODEL  look up translate image
In cost management, a representation of resource costs during a time period that are consumed through activities and traced to products, services, and customers or to any other object that creates a demand for the activity to be performed.
ABC STRATIFICATION  look up translate image
Method used to categorize inventory into groups based upon certain activity characteristics. Examples of ABC stratifications would include ABC by velocity (times sold), ABC by sales dollars, ABC by quantity sold / consumed, ABC by average inventory investment, ABC by margin. ABC stratifications are used to develop inventory planning policies, set count frequencies for cycle counting, slot inventory for optimized order picking, and other inventory management activities.
ABI  look up translate image
See Automated Broker Interface.
ABM  look up translate image
See Activity Based Management
ABNORMAL DEMAND  look up translate image
An unusually high product demand outside normal parameters that may be due to a promotion, price break or substitution. Forecast systems can filter abnormal demand outside calculated standard deviation parameters based on past history, and not assume the same demand will occur in the future.
ABNORMAL LOAD  look up translate image
A load which cannot, without undue expense or risk of damage, be divided in two or more loads for the purpose of carriage by road and which by virtue of its size and weight cannot be carried on a normal road vehicle under the provisions of the C&U regulations*. Such loads are normally carried on 'Special Types' vehicles under the provisions of the Special Types General Order*.
ABOARD  look up translate image
Referring to cargo being put, or laden, onto a means of conveyance.
ABOVE THE RAIL COSTS  look up translate image
Method of cost determination in the rail industry whereby only those costs of the train and train operations are included. Thus, anything related to the rail, rail bed, track maintenance, etc. are not included.
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SCM terms
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Created by admin
Created on 2012-07-31 02:19:19
Number of terms 5258
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