1. 3PL warehousing – This means a 3rd party logistics company, NOT the client’s own warehouse.
2. Public warehouse / shared space facility – The warehouse has multiple clients and is not dedicated to any one specific account.
3. Dedicated warehouse – Also referred to as a “contract warehouse”. This means that RLG has entered in a specific agreement with the customer for a specific location, size, and length of time to run and operate a facility for the single customer we enter into an agreement with.
4. Managed facility – This is also known as a “Cost plus model” – This is where a customer has their own building, equipment, etc.; but they enter into an agreement for RLG to come in and take over the running of their facility, with the expectation that we will do a more efficient job of running a fulfillment and logistics operation.
5. SKU – (stock keeping unit) is an identification, usually alphanumeric, of a particular product that allows it to be tracked for inventory. Sometimes also referred to PRODUCT CODE.
6. UPC - The Universal Product Code is a barcode symbiology that is widely used in the United States, Canada, Europe, Australia, New Zealand, and other countries for tracking trade items in stores. UPC consists of 12 numeric digits that are uniquely assigned to each
7. Inventory – A complete list of items such as property, goods in stock, or the contents of a building.
8. Inventory turns – Is a ratio showing how many times a company has sold and replaced inventory during a given period.
9. Bulk stack / bulk storage – The ability of product to be stacked on top of each other.
10. Rack / bin storage – Product specifically needs to be stored in a pallet rack or a storage bin.
11. Pick & pack – Individual components of an order are picked or obtained from the individual orders and then repacked with the specific details such as shipping details and invoice in a separate carton or envelope ready for shipment.
12. Order processing – This is when an outbound order is received from our customer, the order is processed, confirmed, and sent out to the warehouse for picking / shipping.
13. VICS bill of lading – Usually shipping to major retailers, VICS Bill of Lading is a standardized bill of lading form created by the VICS (Voluntary Inter-Industry Commerce Standards) and is primarily used by general merchandise retail industry.
14. Retail routing – Specific instructions required by individual retailers when shipping to them.
15. Lot codes – A lot number is an identification number assigned to a particular quantity or lot of material from a single manufacturer. Lot numbers can typically be found on the outside of packaging.
16. FIFO – First In, First Out, shipping rotation.
17. LIFO – Last In, Last Out shipping rotation.
18. Eaches - Individual inner pack units that are either picked and shipped, or an inventory may also be counted at the “each” level as opposed to a master case pack.
19. Value added services – Specialized services required in the servicing of a client’s product like: Adding additional items to a shipment, replacing components, testing, special project work, quality control inspections, etc.
20. Returns – Product that is being returned from a vendor or customer.
21. Reverse logistics - Reverse logistics is for all operations related to the reuse of products and materials. It is "the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal.
22. Assembly & kitting – Process in which individually separate but related items are grouped, packaged, and supplied together as one unit. For example, in ordering a PC online, a customer may select memory, drives, peripherals, and software from several alternatives.
23. OS&D – Over, Short, and Damage – This is the reporting process within the warehouse for damaged freight.
24. DTC shipping –. This refers to Direct To Consumer. Usually seen in the e-commerce world. Think for receiving Amazon packages delivered to your house
25. APIs - Allow applications to communicate with one another. When people speak of “an API”, they sometimes generalize and actually mean “a publicly available web-based API that returns data, likely in JSON or XML”.
26. EDI – Electronic Data Interchange is the computer-to-computer exchange of business documents in a standard electronic format between business partners.
27. Throughput – Inventory is measured in number of units moved in and out of a facility.
28. Square footage – This is the measurement of area used. Leigh x Width.
29. “Cube , or Cubic square footage - This is the measurement of “cubic” area used. Leigh x Width x height / 1728.
30. Clamped freight – Freight that needs to be handled by a clamp forklift.
31. Trans-load – This means unlading an inbound shipment and immediately reloading it into another piece of equipment.
32. Cross docking – Similar to trans-loading.
33. Food grade – The warehouse facility is qualified and compliant in the warehousing of food products.
34. Vendor compliance – Usually shipping to retailers, companies rely on their vendors to provide them with goods or services that allow them to run their businesses. ... Vendor compliance is all about setting up requirements for the vendors your company deals with in an attempt to have perfect order and be able to resolve issues effectively and promptly if they arise
35. Customs bonded facility - A is a building or other secured area in which imported dutiable merchandise may be stored, manipulated, or undergo manufacturing operations without payment of duty for up to 5 years from the date of importation.
36. WMS – Warehouse Management System – This is the software we use for order processing, inventory control, etc.