The Basic Principles Of Ocean carriers case solution

Density: A Bodily characteristic measuring a commodity's mass for each unit quantity or pounds for every cubic foot; a vital factor in ratemaking, considering that density has an effect on the utilization of a carrier's car.

Customer support: The number of actions involved in giving the total choice of services to customers.

Enterprise Software Integration (EAI): A computer time period with the tools and strategies Employed in linking ERP together with other enterprise systems collectively. Linking units is key for e-enterprise. Gartner suggests "corporations implementing business purposes commit a minimum of 30% on issue-to-issue interfaces."

Hopper Vehicles: Railcars that let top loading and base unloading of bulk commodities; some hopper vehicles have long-lasting tops with hatches to supply security against the elements.

Characteristics: A label utilised to provide extra classification or details about a source, exercise, or Price tag item. Used for concentrating awareness and could be subjective. Illustrations are a characteristic, a rating or grade of product or service or activity, or groupings of these items, and effectiveness steps.

Buffer Inventory: A amount of products or articles held in storage to safeguard versus unexpected shortages or requires.

House Web site: The start line for a Internet site. It's the page that is retrieved and exhibited by default when a person visits a Web page.

CAPEX: A phrase utilized to describe the monetary prerequisites (Funds EXpenditure) of the First investment decision in new equipment or devices.

FOB Origin: Title passes at origin, and buyer has overall accountability in excess of the products when in cargo.

Dispersed Inventory: Inventory which is geographically dispersed. As an example, the place a corporation maintains inventory in a number of distribution centers to offer a greater degree of customer support.

Constant Replenishment Planning Get More Info (CRP): A program that triggers the production and motion of solution in the offer chain once the equivalent merchandise is acquired by an finish user.

Demurrage: The provider expenses and charges applied when rail freight autos and ships are retained over and above a specified loading or unloading time. Also see: Detention, Express.

Acquisition Charge: In Expense accounting, the expense required to get a number of units of the merchandise. It's get quantity periods device Expense.

Conveyor: A components managing gadget that moves freight from one particular warehouse place to useful site a different. Roller conveyors make the most of gravity, While belt conveyors use motors.

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