Types of Warehouses
House Air Waybill (HAWB)
A bill of lading issued by a forwarder to a shipper as a receipt for goods that the forwarder will consolidate with cargo from other shippers for transport.
Private Carrier
A carrier that provides transportation service to the firm that owns or leases the vehicles and does not charge a fee. Private motor carriers may haul at a fee for wholly owned subsidiaries.
General-Commodities Carrier
A common motor carrier that has operating authority to transport general commodities, or all commodities not listed as special commodities.
Private Warehouse
A company-owned warehouse.
General Order (GO)
A customs term referring to a warehouse where merchandise not entered within five working days after the carrier's arrival is stored at the risk and expense of the importer.
Market Segment
A group of potential customers sharing some measurable characteristics based on demographics, psychographics, lifestyle, geography, benefits, etc.
Data Warehouse
A repository of data that has been specially prepared to support decision-making applications. Synonym: Decision-Support Data
Intermediate Destination
A stopping point for a shipment prior to the final destination.
Intermediate Positioned Warehouse
A warehouse located between customers and manufacturing plants to provide increased customer service and reduced distribution cost.
Field Warehouse
A warehouse that stores goods on the goods' owner's property while the goods are under a bona fide public warehouse manager's custody. The owner uses the public warehouse receipts as collateral for a loan.
Household Goods Warehouse
A warehouse that stores household goods.
Supply Warehouse
A warehouse that stores raw materials. Goods from different suppliers are picked, sorted, staged, or sequenced at the warehouse to assemble plant orders.
General-Merchandize Warehouse
A warehouse used to store goods that are readily handled, are packaged, and do not require a controlled environment.
Market Demand
In marketing, the total demand that would exist within a defined customer group in a given geographical area during a particular time period given a known marketing program.
Field Finished Goods
Inventory which is kept at locations outside the four walls of the manufacturing plant (i.e., distribution center or warehouse)
Field Service Parts
Parts inventory kept at locations outside the four walls of the manufacturing plant (i.e., distribution center or warehouse)
Private Label
Products that are designed, produced, controlled by, and which carry the name of the store or a name owned by the store; also known as a store brand or dealer brand.
Field Services
See After-Sale Service
After-Sale Service
Services provided to the customer after products have been delivers. This can include repairs, maintenance, and/or telephone support.
Warehouse
Storage place for products. Principal warehouse activities include receipt of product, storage, shipment, and order picking.
Public warehouse receipt
The basic document a public warehouse manager issues as a receipt for the goods a company gives to the warehouse manger. The receipt can be either negotiable or nonnegotiable.
Third Party Warehousing
The outsourcing of the warehousing function by the seller of the goods.
Warehousing
The storage (holding) of goods.
Public Warehousing
The storage of goods by a firm that offers storage service for a fee to the public.
Private Warehousing
The storage of goods in a warehouse owned by the company that has title tot he goods.
Warehouse Management System (WMS)
The systems used in effectively managing warehouse business processes and direct warehouse activities, including receiving, putaway, picking, shipping, and inventory cycle counts. Also includes support of radio frequency communications, allowing real-time data transfer between the system and warehouse personnel. They also maximize space and minimize material handling by automating putaway processes.
Public Warehouse
The warehouse space that is rented or leased by an independent business providing a variety of services for a fee or on a contract basis.
Bonded Warehouse
Warehouse approved by the Treasury Department and under bond/guarantee for observance of revenue laws. Used for storing goods until duty is paid or goods are released in some other proper manner.
Market-Positioned Warehouse
Warehouse positioned to replenish customer inventory assortments and afford maximum inbound transport consolidation economics from inventory origin points with relatively short-haul local delivery.