{"id":122580,"date":"2023-04-21T09:10:29","date_gmt":"2023-04-21T03:40:29","guid":{"rendered":"https:\/\/www.vskills.in\/certification\/tutorial\/?page_id=122580"},"modified":"2024-04-12T14:32:40","modified_gmt":"2024-04-12T09:02:40","slug":"logistics-scm-glossary","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/logistics-scm-glossary\/","title":{"rendered":"Logistics and SCM Glossary"},"content":{"rendered":"\n<p>Important definitions and terminologies used in Logistics and SCM<\/p>\n\n\n<p><a id=\"terms_index\"><\/a><\/p>\n<p style=\"font-size: 30px;letter-spacing:20px;\"><a href=\"#a-letter-terms\">A<\/a><a href=\"#b-letter-terms\">B<\/a><a href=\"#c-letter-terms\">C<\/a><a href=\"#d-letter-terms\">D<\/a><a href=\"#e-letter-terms\">E<\/a><a href=\"#f-letter-terms\">F<\/a><a href=\"#g-letter-terms\">G<\/a><a href=\"#h-letter-terms\">H<\/a><a href=\"#i-letter-terms\">I<\/a><a href=\"#j-letter-terms\">J<\/a><a href=\"#k-letter-terms\">K<\/a><a href=\"#l-letter-terms\">L<\/a><a href=\"#m-letter-terms\">M<\/a><a href=\"#n-letter-terms\">N<\/a><a href=\"#o-letter-terms\">O<\/a><a href=\"#p-letter-terms\">P<\/a><a href=\"#q-letter-terms\">Q<\/a><a href=\"#r-letter-terms\">R<\/a><a href=\"#s-letter-terms\">S<\/a><a href=\"#t-letter-terms\">T<\/a><a href=\"#u-letter-terms\">U<\/a><a href=\"#v-letter-terms\">V<\/a><a href=\"#w-letter-terms\">W<\/a><a href=\"#x-letter-terms\">X<\/a><\/p>\n<h3><strong><a id=\"a-letter-terms\">A<\/a><\/strong><\/h3>\n<p>ABC Analysis in Logistics and SCM<\/p>\n<p>ABC Inventory Planning in Logistics and SCM<\/p>\n<p>Activity-based costing (ABC) in Logistics and SCM<\/p>\n<p>Aggregate Planning in Logistics and SCM<\/p>\n<p>Agile Supply Chain in Logistics and SCM<\/p>\n<p>Assembly Line in Logistics and SCM<\/p>\n<p>Automated Guided Vehicles (AGVs) in Logistics and SCM<\/p>\n<p>Automated Storage and Retrieval System (ASRS) in Logistics and SCM<\/p>\n<p>Automatic Warehousing in Logistics and SCM<\/p>\n<p>Automation and AI in Logistics and SCM<\/p>\n<p>Available-to-promise (ATP) in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"b-letter-terms\">B<\/a><\/strong><\/h3>\n<p>Backorder in Logistics and SCM<\/p>\n<p>Barcoding and Mobile Systems in Logistics and SCM<\/p>\n<p>Base Lining in Logistics and SCM<\/p>\n<p>Benchmarking in Logistics and SCM<\/p>\n<p>Big Data in Logistics and SCM<\/p>\n<p>Bill of Lading in Logistics and SCM<\/p>\n<p>Break Bulk in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"c-letter-terms\">C<\/a><\/strong><\/h3>\n<p>Capacity Planning in Logistics and SCM<\/p>\n<p>Capacity Utilization in Logistics and SCM<\/p>\n<p>Carrier in Logistics and SCM<\/p>\n<p>Carrier Compliance in Logistics and SCM<\/p>\n<p>Carrier Rate in Logistics and SCM<\/p>\n<p>Cartonization in Logistics and SCM<\/p>\n<p>Cash Flow in Logistics and SCM<\/p>\n<p>Cause-and-Effect Diagram in Logistics and SCM<\/p>\n<p>Central Place Theory in Logistics and SCM<\/p>\n<p>Chargeback in Logistics and SCM<\/p>\n<p>Closed-Loop Supply Chain in Logistics and SCM<\/p>\n<p>Collaborative Planning, Forecasting, and Replenishment (CPFR) in Logistics and SCM<\/p>\n<p>Containerization in Logistics and SCM<\/p>\n<p>Continuous Improvement in Logistics and SCM<\/p>\n<p>Contract Logistics in Logistics and SCM<\/p>\n<p>CPM\/PERT in Logistics and SCM<\/p>\n<p>Cross-Docking in Logistics and SCM<\/p>\n<p>Cross-Functional Team in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"d-letter-terms\">D<\/a><\/strong><\/h3>\n<p>Deadhead in Logistics and SCM<\/p>\n<p>Delivery Performance in Logistics and SCM<\/p>\n<p>Demand Forecasting in Logistics and SCM<\/p>\n<p>Demand Management in Logistics and SCM<\/p>\n<p>Demand Planning in Logistics and SCM<\/p>\n<p>Demand Signal Repository (DSR) in Logistics and SCM<\/p>\n<p>Deterministic Analytical Models in Logistics and SCM<\/p>\n<p>Direct Store Delivery (DSD) in Logistics and SCM<\/p>\n<p>Distribution Center in Logistics and SCM<\/p>\n<p>Dock Appointment Scheduling in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"e-letter-terms\">E<\/a><\/strong><\/h3>\n<p>E-commerce in Logistics and SCM<\/p>\n<p>Economic Models in Logistics and SCM<\/p>\n<p>Economic Order Quantity (EOQ) in Logistics and SCM<\/p>\n<p>Economic Order Quantity( EOQ) in Logistics and SCM<\/p>\n<p>EDI (Electronic Data Interchange) in Logistics and SCM<\/p>\n<p>Effective Lead Time in Logistics and SCM<\/p>\n<p>End-to-End Visibility in Logistics and SCM<\/p>\n<p>Environmental Sustainability in Logistics and SCM<\/p>\n<p>E-procurement in Logistics and SCM<\/p>\n<p>ERP in Logistics and SCM<\/p>\n<p>ERP (Enterprise Resource Planning) in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"f-letter-terms\">F<\/a><\/strong><\/h3>\n<p>Facility Location in Logistics and SCM<\/p>\n<p>FIFO (First-In-First-Out) in Logistics and SCM<\/p>\n<p>Fleet Management in Logistics and SCM<\/p>\n<p>Freight Forwarder in Logistics and SCM<\/p>\n<p>Freight Logistics Strategy in Logistics and SCM<\/p>\n<p>Freight Management in Logistics and SCM<\/p>\n<p>Freight Pricing in Logistics and SCM<\/p>\n<p>Freight Transportation Modes in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"g-letter-terms\">G<\/a><\/strong><\/h3>\n<p>Game Theory in Logistics and SCM<\/p>\n<p>Global Supply Chain Management in Logistics and SCM<\/p>\n<p>Global Trade Management (GTM) in Logistics and SCM<\/p>\n<p>Globalization in Logistics and SCM<\/p>\n<p>Green Logistics in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"h-letter-terms\">H<\/a><\/strong><\/h3>\n<p>Hub-and-Spoke System in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"i-letter-terms\">I<\/a><\/strong><\/h3>\n<p>Inbound Logistics in Logistics and SCM<\/p>\n<p>Inbound Shipment in Logistics and SCM<\/p>\n<p>Incoterms in Logistics and SCM<\/p>\n<p>Inspection in Logistics and SCM<\/p>\n<p>Integrated Logistics in Logistics and SCM<\/p>\n<p>Intermediary in Logistics and SCM<\/p>\n<p>Intermodal Transportation in Logistics and SCM<\/p>\n<p>International Distribution Channel in Logistics and SCM<\/p>\n<p>International Logistics in Logistics and SCM<\/p>\n<p>International Transaction Channels in Logistics and SCM<\/p>\n<p>Internet of Things (IoT) in Logistics and SCM<\/p>\n<p>Inventory Classification in Logistics and SCM<\/p>\n<p>Inventory Management in Logistics and SCM<\/p>\n<p>Inventory Management Models in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"j-letter-terms\">J<\/a><\/strong><\/h3>\n<p>JIT in Logistics and SCM<\/p>\n<p>JIT (Just-In-Time) in Logistics and SCM<\/p>\n<p>Joint Venture in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"k-letter-terms\">K<\/a><\/strong><\/h3>\n<p>Kanban in Logistics and SCM<\/p>\n<p>Key Performance Indicators (KPIs) in Logistics and SCM<\/p>\n<p>Knowledge-based view (KBV) in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"l-letter-terms\">L<\/a><\/strong><\/h3>\n<p>Labor Management in Logistics and SCM<\/p>\n<p>Landbridge in Logistics and SCM<\/p>\n<p>Lane Optimization in Logistics and SCM<\/p>\n<p>Last Mile Delivery in Logistics and SCM<\/p>\n<p>Lead Time in Logistics and SCM<\/p>\n<p>Lead Time Management in Logistics and SCM<\/p>\n<p>Lean in Logistics and SCM<\/p>\n<p>Lean Manufacturing in Logistics and SCM<\/p>\n<p>Lean Six Sigma in Logistics and SCM<\/p>\n<p>Lean Supply Chain in Logistics and SCM<\/p>\n<p>Linear Programming in Logistics and SCM<\/p>\n<p>Load Planning in Logistics and SCM<\/p>\n<p>Logistics in Logistics and SCM<\/p>\n<p>Logistics and SCM Theories in Logistics and SCM<\/p>\n<p>Logistics Costing in Logistics and SCM<\/p>\n<p>Logistics Design in Logistics and SCM<\/p>\n<p>Logistics Intermediaries in Logistics and SCM<\/p>\n<p>Logistics Management in Logistics and SCM<\/p>\n<p>Logistics Network in Logistics and SCM<\/p>\n<p>Logistics Network Planning in Logistics and SCM<\/p>\n<p>Logistics Park in Logistics and SCM<\/p>\n<p>Logistics Planning in Logistics and SCM<\/p>\n<p>Logistics Processes in Logistics and SCM<\/p>\n<p>LTL (Less-than-Truckload) in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"m-letter-terms\">M<\/a><\/strong><\/h3>\n<p>Maintenance, Repair, and Operations (MRO) in Logistics and SCM<\/p>\n<p>Make-to-Order in Logistics and SCM<\/p>\n<p>Make-to-Stock in Logistics and SCM<\/p>\n<p>Manufacturing Lead Time in Logistics and SCM<\/p>\n<p>Manufacturing Resource Planning (MRP) in Logistics and SCM<\/p>\n<p>Material Classification in Logistics and SCM<\/p>\n<p>Material Handling in Logistics and SCM<\/p>\n<p>Material Handling Systems in Logistics and SCM<\/p>\n<p>Material Requirements Planning (MRP) in Logistics and SCM<\/p>\n<p>Materials Forecasting Techniques in Logistics and SCM<\/p>\n<p>Materials Planning in Logistics and SCM<\/p>\n<p>MRP (Material Requirements Planning) in Logistics and SCM<\/p>\n<p>MRP and MRP II in Logistics and SCM<\/p>\n<p>Multi-Modal Transportation in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"n-letter-terms\">N<\/a><\/strong><\/h3>\n<p>Network Optimization in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"o-letter-terms\">O<\/a><\/strong><\/h3>\n<p>On-Time Delivery in Logistics and SCM<\/p>\n<p>Operations Research in Logistics and SCM<\/p>\n<p>Order Cycle Time in Logistics and SCM<\/p>\n<p>Order Fulfillment in Logistics and SCM<\/p>\n<p>Outbound Logistics in Logistics and SCM<\/p>\n<p>Outsourcing in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"p-letter-terms\">P<\/a><\/strong><\/h3>\n<p>P\u2019s and R\u2019s of Logistics in Logistics and SCM<\/p>\n<p>Packaging in Logistics and SCM<\/p>\n<p>Palletization in Logistics and SCM<\/p>\n<p>Parcel Carrier in Logistics and SCM<\/p>\n<p>PDCA in Logistics and SCM<\/p>\n<p>Perpetual Inventory System in Logistics and SCM<\/p>\n<p>Pick-and-Pack in Logistics and SCM<\/p>\n<p>Pick-to-Light in Logistics and SCM<\/p>\n<p>Postponement in Logistics and SCM<\/p>\n<p>Principle Agency theory (PAT) in Logistics and SCM<\/p>\n<p>Private Fleet in Logistics and SCM<\/p>\n<p>Procurement in Logistics and SCM<\/p>\n<p>Procure-to-Pay (P2P) in Logistics and SCM<\/p>\n<p>Product Lifecycle Management (PLM) in Logistics and SCM<\/p>\n<p>Production Line Balancing in Logistics and SCM<\/p>\n<p>Production Planning in Logistics and SCM<\/p>\n<p>Public Warehouse in Logistics and SCM<\/p>\n<p>Push vs. Pull Strategy in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"q-letter-terms\">Q<\/a><\/strong><\/h3>\n<p>Qualitative Factor Rating Method in Logistics and SCM<\/p>\n<p>Quality in Logistics and SCM<\/p>\n<p>Quality Control in Logistics and SCM<\/p>\n<p>Quality Management in Logistics and SCM<\/p>\n<p>Quick Response (QR) in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"r-letter-terms\">R<\/a><\/strong><\/h3>\n<p>Rate Shopper in Logistics and SCM<\/p>\n<p>Real-Time Location System (RTLS) in Logistics and SCM<\/p>\n<p>Reorder Point in Logistics and SCM<\/p>\n<p>Reports in Logistics and SCM<\/p>\n<p>Resource-Based View Theory in Logistics and SCM<\/p>\n<p>Reverse Auction in Logistics and SCM<\/p>\n<p>Reverse Logistics in Logistics and SCM<\/p>\n<p>RFID (Radio Frequency Identification) in Logistics and SCM<\/p>\n<p>Right-Shoring in Logistics and SCM<\/p>\n<p>Route Optimization in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"s-letter-terms\">S<\/a><\/strong><\/h3>\n<p>Safety Management in Logistics and SCM<\/p>\n<p>Safety Stock in Logistics and SCM<\/p>\n<p>Safety Stock Calculation in Logistics and SCM<\/p>\n<p>Sales and Operations Planning (S&amp;OP) in Logistics and SCM<\/p>\n<p>Sales Order in Logistics and SCM<\/p>\n<p>SCM Costing in Logistics and SCM<\/p>\n<p>SCOR Model in Logistics and SCM<\/p>\n<p>Seasonality in Logistics and SCM<\/p>\n<p>Service Level Agreement (SLA) in Logistics and SCM<\/p>\n<p>Service Quality in Logistics and SCM<\/p>\n<p>Shipment Tracking in Logistics and SCM<\/p>\n<p>Simulation Models in Logistics and SCM<\/p>\n<p>Six Sigma in Logistics and SCM<\/p>\n<p>Six-Sigma Green Belt in Logistics and SCM<\/p>\n<p>Slotting in Logistics and SCM<\/p>\n<p>Standard Operating Procedure (SOP) in Logistics and SCM<\/p>\n<p>Stochastic Analytical Models in Logistics and SCM<\/p>\n<p>Stock Keeping and Accounting in Logistics and SCM<\/p>\n<p>Stock-Keeping Unit (SKU) in Logistics and SCM<\/p>\n<p>Strategic Choice theory (SCT) in Logistics and SCM<\/p>\n<p>Strategic Sourcing in Logistics and SCM<\/p>\n<p>Supply Chain in Logistics and SCM<\/p>\n<p>Supply Chain Design and Analysis in Logistics and SCM<\/p>\n<p>Supply Chain Management in Logistics and SCM<\/p>\n<p>Supply Chain Management or SCM in Logistics and SCM<\/p>\n<p>Supply Chain Process View in Logistics and SCM<\/p>\n<p>Supply Chain Risk Management in Logistics and SCM<\/p>\n<p>Supply Chain Segmentation in Logistics and SCM<\/p>\n<p>Supply Chain Strategy in Logistics and SCM<\/p>\n<p>Sustainable SCM in Logistics and SCM<\/p>\n<p>Systems theory (ST) in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"t-letter-terms\">T<\/a><\/strong><\/h3>\n<p>Target Costing in Logistics and SCM<\/p>\n<p>Tariff in Logistics and SCM<\/p>\n<p>Tariff Classification in Logistics and SCM<\/p>\n<p>The Bullwhip Effect in Logistics and SCM<\/p>\n<p>Theory of Constraints in Logistics and SCM<\/p>\n<p>Third-Party Carrier in Logistics and SCM<\/p>\n<p>Third-Party Logistics (3PL) in Logistics and SCM<\/p>\n<p>Total Cost of Ownership in Logistics and SCM<\/p>\n<p>Total Landed Cost in Logistics and SCM<\/p>\n<p>Total Quality Management (TQM) in Logistics and SCM<\/p>\n<p>TQM in Logistics and SCM<\/p>\n<p>Track and Trace in Logistics and SCM<\/p>\n<p>Trade Compliance in Logistics and SCM<\/p>\n<p>Transaction Cost Economics in Logistics and SCM<\/p>\n<p>Transportation in Logistics and SCM<\/p>\n<p>Transportation Management System (TMS) in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"u-letter-terms\">U<\/a><\/strong><\/h3>\n<p>Unit Load Concept in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"v-letter-terms\">V<\/a><\/strong><\/h3>\n<p>Value Analysis (VA\/NVA) in Logistics and SCM<\/p>\n<p>Value Chain in Logistics and SCM<\/p>\n<p>Value-Added Service (VAS) in Logistics and SCM<\/p>\n<p>Vendor Compliance in Logistics and SCM<\/p>\n<p>Vendor Rationalization in Logistics and SCM<\/p>\n<p>Vendor-Managed Inventory (VMI) in Logistics and SCM<\/p>\n<p>Voice Picking in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"w-letter-terms\">W<\/a><\/strong><\/h3>\n<p>Warehouse Automation in Logistics and SCM<\/p>\n<p>Warehouse Design in Logistics and SCM<\/p>\n<p>Warehouse Layout in Logistics and SCM<\/p>\n<p>Warehouse Location in Logistics and SCM<\/p>\n<p>Warehouse Management System (WMS) in Logistics and SCM<\/p>\n<p>Warehouse Receipt in Logistics and SCM<\/p>\n<p>Warehousing in Logistics and SCM<\/p>\n<p>WIP Tracking in Logistics and SCM<\/p>\n<p>Workforce Planning in Logistics and SCM<\/p>\n<p>Work-in-Process (WIP) Inventory in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"x-letter-terms\">X<\/a><\/strong><\/h3>\n<p>XYZ Analysis in Logistics and SCM<\/p>\n<p><a href=\"#terms_index\">Go to Top<\/a><\/p>\n<p><\/p><h3><strong><a id=\"others-letter-terms\">OTHERS<\/a><\/strong><\/h3>\n<p>5S in Logistics and SCM<\/p>","protected":false},"excerpt":{"rendered":"<p>Important definitions and terminologies used in Logistics and SCM ABCDEFGHIJKLMNOPQRSTUVWX A ABC Analysis in Logistics and SCM ABC Inventory Planning in Logistics and SCM Activity-based costing (ABC) in Logistics and SCM Aggregate Planning in Logistics and SCM Agile Supply Chain in Logistics and SCM Assembly Line in Logistics and SCM Automated Guided Vehicles (AGVs) in&#8230;<\/p>\n","protected":false},"author":10,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-122580","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Logistics and SCM Glossary - Tutorial<\/title>\n<meta name=\"description\" content=\"What is Logistics and SCM? 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