CELL: A producing or support unit consisting of a variety of workstations, and the products transport mechanisms and storage buffers that interconnect them.
Caged: Referring into the exercise of inserting superior-price or delicate products and solutions inside of a fenced off place in just a warehouse.
Distributor: A business that does not manufacture its very own products, but purchases and resells these merchandise. These types of a business generally maintains a concluded items inventory. Synonym: Wholesaler.
Professional zone: The world surrounding a town or city to which price carriers quote for the city or city also utilize; the ICC defines the world.
Dual level system: A global h2o provider pricing system by which a shipper signing an exclusive use arrangement Using the conference pays a level 10 to 15 % lessen than non-signing shippers do for A similar shipment.
Split-Bulk: The separation of the consolidated bulk load into smaller unique shipments for delivery to the final word consignee. The freight might be moved intact inside the trailer, or it could be interchanged and rehandled to connecting carriers.
Benchmarking: The entire process of comparing performance in opposition to the techniques of other major companies for the objective of bettering overall performance. Corporations also benchmark internally by tracking and comparing latest efficiency with earlier overall performance.
Hub Airport: An airport that serves since the point of interest with the origin and termination of long-distance flights; flights from outlying areas meet up with connecting flights within additional hints the hub airport.
Class Rates: A grouping of goods or commodities beneath just one standard heading. Each of the products in the team make up a class. The freight prices that utilize to all things in The category review are identified as "course charges."
Commuter: An exempt for-seek the services of air carrier that publishes a time plan on certain routes; a Specific sort of air taxi.
Insurance policies: A system of safety in opposition to decline under which several functions comply with spend certain sums (premiums) for Read Full Report your assure that they will be compensated less than selected ailments for specified reduction and damage.
Financial state of Scale: A phenomenon whereby much larger volumes of manufacturing minimize unit Charge by distributing fastened expenses in excess of a bigger amount.
Auditing: Determining the correct transportation expenses owing the provider; auditing consists of examining the freight Monthly bill for errors, appropriate fee, and pounds.
Cycle Stock: An inventory system where by counts are carried out continually, normally reducing the need for an yearly Over-all stock.