Logistics and Supply Chain Management
Expert-defined terms from the Executive Certificate in Offshore Construction Management course at London School of Business and Administration. Free to read, free to share, paired with a globally recognised certification pathway.
Aerial Cargo refers to the transportation of goods via air, often used for high #
priority or time-sensitive shipments, and can be an expensive option, but provides a high level of speed and reliability. This mode of transportation is commonly used for international shipments, and can be used in conjunction with other modes of transportation, such as truck or sea, to create a multi-modal transportation solution. Aerial cargo can be used to transport a wide range of goods, including perishable items, hazardous materials, and oversized cargo.
Backhaul refers to the return trip of a vehicle, often used to transport goods b… #
This concept is important in logistics and supply chain management, as it can help to reduce waste and improve the overall efficiency of the transportation network. Backhaul can be used in a variety of transportation modes, including truck, rail, and sea, and can be an important consideration in the planning and optimization of transportation routes.
Batch Picking is a warehousing and inventory management technique… #
This technique can help to reduce costs and improve productivity, by minimizing the number of trips required to pick and pack orders. Batch picking can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the design and optimization of warehouse layouts.
Bill of Lading is a document that serves as a contract between the… #
This document is an important part of the shipping process, as it provides a clear and concise record of the shipment, and can be used to resolve any disputes or issues that may arise. The bill of lading can be used in a variety of transportation modes, including sea, air, and land, and can be an important consideration in the planning and execution of international shipments.
Breakbulk Cargo refers to goods that are shipped individually, rather tha… #
This type of cargo can be more complex and challenging to handle, as it requires specialized equipment and handling procedures. Breakbulk cargo can be used in a variety of industries, including manufacturing, construction, and energy, and can be an important consideration in the planning and execution of large-scale projects.
Cargo Insurance is a type of insurance that provides coverage for… #
This type of insurance can be an important consideration in the planning and execution of international shipments, as it can provide financial protection against unforeseen events. Cargo insurance can be used in a variety of transportation modes, including sea, air, and land, and can be an important consideration in the management of risk and uncertainty.
Cold Chain refers to the temperature #
controlled supply chain used to transport and store perishable goods, such as food and pharmaceuticals, and requires specialized equipment and handling procedures to maintain the integrity of the goods. This type of supply chain is critical in industries where temperature control is essential, such as healthcare and food processing. Cold chain can be used in a variety of transportation modes, including sea, air, and land, and can be an important consideration in the planning and execution of international shipments.
Consolidation is the process of combining multiple shipments into a singl… #
Consolidation can be used in a variety of transportation modes, including truck, rail, and sea, and can be an important consideration in the planning and optimization of transportation routes.
Containerization is the use of containers to transport and store goods, p… #
This concept is important in logistics and supply chain management, as it can help to reduce costs and improve the overall efficiency of the transportation network. Containerization can be used in a variety of transportation modes, including sea, air, and land, and can be an important consideration in the planning and execution of international shipments.
Contract Logistics refers to the outsourcing of logistics and s… #
This concept is important in logistics and supply chain management, as it can help to improve the overall efficiency and effectiveness of the supply chain. Contract logistics can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Cross #
Docking is a warehousing and inventory management technique where goods are received, sorted, and shipped out quickly, often without storage, to reduce handling and storage costs. This technique can help to reduce costs and improve productivity, by minimizing the amount of time and resources required to handle and store goods. Cross-docking can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the design and optimization of warehouse layouts.
Customs Broker is a professional who assists with the clearance of… #
This professional can be an important consideration in the planning and execution of international shipments, as they can provide expertise and guidance on customs procedures and regulations. Customs brokers can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the management of risk and uncertainty.
Deadheading refers to the practice of operating a vehicle without a pa… #
Deadheading can be used in a variety of transportation modes, including truck, rail, and sea, and can be an important consideration in the planning and optimization of transportation routes.
Delivery Window is a specific time frame during which a shipment is expec… #
Delivery windows can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Demurrage refers to the fees or charges incurred when a shipment i… #
Demurrage can be used in a variety of transportation modes, including sea, air, and land, and can be an important consideration in the planning and execution of international shipments.
Distribution Center is a facility used to store and distribute goo… #
Distribution centers can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Drayage refers to the transportation of goods over a short distanc… #
Drayage can be used in a variety of transportation modes, including truck, rail, and sea, and can be an important consideration in the planning and optimization of transportation routes.
Drop Shipping is a fulfillment method where goods are shipped directly fr… #
Drop shipping can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Electronic Data Interchange is a standard for the electronic exchange of… #
Electronic data interchange can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Expedited Shipping refers to the rapid transportation of goods, often use… #
Expedited shipping can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Export Management is the process of managing the export of goods, includi… #
Export management can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of international shipments.
Freight Audit is the process of reviewing and verifying freight bills<… #
Freight audit can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Freight Forwarder is a company that specializes in the arrangement … #
Freight forwarders can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of international shipments.
Fuel Surcharge is a fee added to the cost of transportation , to ac… #
Fuel surcharge can be used in a variety of transportation modes, including truck, rail, and sea, and can be an important consideration in the planning and optimization of transportation routes.
Global Trade Management refers to the process of managing the import and… #
Global trade management can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of international shipments.
Green Logistics refers to the practice of reducing the environmental impa… #
Green logistics can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Hazardous Materials refer to goods that are dangerous or hazardous … #
This concept is important in logistics and supply chain management, as it can help to reduce risks and improve the overall efficiency of the transportation network. Hazardous materials can be used in a variety of industries, including manufacturing, construction, and energy, and can be an important consideration in the planning and execution of supply chain operations.
Inbound Logistics refers to the process of managing the receipt and pr… #
Inbound logistics can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Intermodal Transportation refers to the use of multiple modes of transpor… #
Intermodal transportation can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Inventory Management refers to the process of managing the storage and <b… #
Inventory management can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Just #
in-Time is a production and inventory management strategy that aims to produce and deliver goods just in time to meet customer demand, reducing the need for inventory and storage, and can be used to improve efficiency and reduce costs. Just-in-time can be used in a variety of industries, including manufacturing, retail, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Less than Truckload refers to the transportation of goods that do not fill a … #
Less than truckload can be used in a variety of transportation modes, including truck, rail, and sea, and can be an important consideration in the planning and optimization of transportation routes.
Logistics refers to the process of planning, implementing , and control… #
Logistics can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Material Handling refers to the process of moving , storing , and <i… #
Material handling can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Ocean Freight refers to the transportation of goods by sea , often used fo… #
Ocean freight can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of international shipments.
Outsourcing refers to the practice of contracting with a third #
party provider to perform logistics and supply chain management activities, often used to reduce costs and increase efficiency by leveraging the expertise and resources of the provider. Outsourcing can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Packaging refers to the process of designing and creating containe… #
Packaging can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Pallet refers to a platform used to store and transport goo… #
Pallets can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Pickup and Delivery refers to the process of collecting and delivering… #
Pickup and delivery can be used in a variety of transportation modes, including truck, rail, and sea, and can be an important consideration in the planning and optimization of transportation routes.
Port of Entry refers to a location where goods are imported or … #
Port of entry can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of international shipments.
Procurement refers to the process of acquiring goods or services f… #
Procurement can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Public Warehouse refers to a facility that provides storage and <b… #
Public warehouses can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Rail Freight refers to the transportation of goods by rail , often used fo… #
Rail freight can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Receiving refers to the process of accepting and processing goods… #
Receiving can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Reverse Logistics refers to the process of managing the return of… #
Reverse logistics can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Route Optimization refers to the process of planning and optimizing</b… #
Route optimization can be used in a variety of transportation modes, including truck, rail, and sea, and can be an important consideration in the planning and optimization of transportation routes.
Scheduled Delivery refers to the process of planning and executing … #
Scheduled delivery can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Shipment Tracking refers to the process of monitoring and tracking … #
Shipment tracking can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Shipping Container refers to a standardized container used to transpor… #
Shipping containers can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Supply Chain refers to the network of organizations and activit… #
Supply chain can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Supply Chain Management refers to the process of planning , implementin… #
Supply chain management can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Third #
Party Logistics refers to the practice of contracting with a third-party provider to perform logistics and supply chain management activities, often used to reduce costs and increase efficiency by leveraging the expertise and resources of the provider. Third-party logistics can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Trailer refers to a vehicle used to transport goods, often towe… #
Trailers can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Transportation Management refers to the process of planning , implement… #
Transportation management can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Truckload refers to the transportation of goods that fill a full truckloa… #
Truckload can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Warehouse Management refers to the process of managing and controlling… #
Warehouse management can be used in a variety of industries, including retail, manufacturing, and distribution, and can be an important consideration in the planning and execution of supply chain operations.
Warehousing refers to the process of storing and handling goods wi… #
Warehousing refers to the process of storing and handling goods within a warehouse or distribution center, and can be used to improve efficiency and reduce costs by providing a flexible and scalable storage solution.