|
Many
of the terms used in the world of third-party logistics do
not appear in a standard dictionary, nor is there a dictionary
of fulfillment or warehouse management definitions. We offer
this glossary to help you better understand our business.
If
you have a term you would like defined, or have a definition
that you would like to share with us, please send us an e-mail.
S
SCM
see supply chain management
sheet fed
printers (whether offset, laser or digital) which print on
sheets rather than rolls of paper.
shipping accuracy
the measure of the accuracy of the shipping process.
shipping manifest system
software used to associate shipments with carrier, service,
rate, etc. Shipping manifest systems will produce a report
(physical or electronic) that is sent to the carrier to be
used for billing purposes. Shipping systems will usually produce
shipping documents such as compliance shipping labels, bill
of ladings, etc.
skid
(synonymous with pallet)
skid can refer to the actual device or to the amount of goods
that are on the skid, as in "We have four skids of merchandise
left." A standard skid is 40" by 48" and is
approximately 4" high.
SKU (stock keeping unit)
an item stored and tracked. Also the number assigned to identify
the item itself.
stock keeping unit
see SKU
slotting
slotting describes the activities associated with optimizing
the pick location for a product. Factors to be considered
for slotting optimization include the times a SKU
is picked, the amount of cubic feet the stored items used,
and the minimum face dimensions required at picking location,
distance from other SKUs that could be part of the same batch,
and distance from the product staging area.
supply chain management (SCM)
the management of a supply chain of goods as a process from
supplier of raw materials or components to the manufacturer,
to the distributor to the wholesale buyer to the end consumer.
Supply chain management involves the actual products moving
through the chain, but also the management of all the information
(data) about the product, such as its origin, its destination,
payment status, client ordering history, and information about
all parties that handle the product in all links of the supply
chain. Well-integrated third party SCM fulfillment company
streamlines inventory, increases inventory turnover, improves
the speed of completing transactions, and increases revenue
for the client.
|
