Ch 10 logistics definitions

Fixed slot location

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Contract warehousing (third-party or dedicated warehousing)

A long term, mutually beneficial arrangement which provides unique and specially tailored warehousing and logistics services exclusively to one client, where the vendor and client share the risks associated with the operation.

Occupational Safety and Health Administration (OSHA)

Administration that monitors warehousing labor safety practices in the United States

Hazardous material

Any item or agent (biological, chemical, physical) which has the potential to cause harm to humans, animals, or the environment, either by itself or through interaction with other factors

Allocating

Breaking larger quantities into smaller quantities

Accumulating

Bringing together similar stocks from different sources, as might be done by a department store that buys large quantities of men's suits from several different producers

Assorting

Building up a variety of different products for resale to particular customers

Distribution centers

Emphasize rapid movement of products through a facility, and thus they attempt to maximize throughput

Warehouses

Emphasize the storage of products, and their primary purpose is to maximize the usage of available storage space

Regrouping function

Function that involves rearragning the quantities and assortment of products as they ove through the supply chain and can take four forms-accumulating (also referred to as bulk making), allocating (also referred to as bulk breaking), assorting, and sorting out.

Variable slot location

Involves empty storage slots being assigned to incoming products based on space availability

Dunnage

Material that is used to block and brace products inside carrier equipment to prevent the shipment from shifting in transit and becoming damaged

Private warehousing

Owned by the firm storing goods in the facility; generates high fixed costs and thus should only be considered by companies dealing with large volumes of inventory

Warehouse automation

Refers to utilizing mechanical or electronic devices to substitute for human labor

Sorting out

Separating products into grades and qualities desired by different target markets

Public warehousing

Serves all legitimate users and has certain responsibilities to those users

Warehousing

That part of a firm's logistics system that stores products )rwa materials, parts, goods-in-process, finished goods) at and between points of origin and point of consumption

Throughput

The amount of product entering and leaving a facility in a given time period

Cross-docking

The processing of receiving product and shipping it out the same day or overnight without putting it into storage

Multiclient warehousing

Warehousing which mixes attributes of contract and public warehousing