Laid-Off cost: The whole equipment and you can transportation costs. The fresh new applied-down prices excellent within the researching the complete price of an excellent product shipped off various other also provide sources so you’re able to a customer’s point regarding explore.
As terminology barge and you will lightweight are used interchangeably, an excellent barge always means a boat useful an extended transport, while you are a much lighter can be used to own a preliminary transport
Got Rates: Cost of unit as well as related strategies can cost you, such as transportation, warehousing, dealing with, etcetera. Also referred to as Total Arrived Price of Online Got Will cost you.
LASH Vessel: A motorboat computing no less than 820 feet a lot of time which have a platform crane able to load and you may clear barges owing to a stern section you to plans across the water. This new acronym LASH stands for Lightweight (barge) Aboard Ship.
Last in First-out (LIFO): During the directory handle and you may financial bookkeeping, it refers to the habit of playing with stock from index toward the cornerstone away from that which was gotten last is ate very first. It has restricted use in inventory staying that is mainly good cost-bookkeeping strategy.
History Up-to-date: A romantic date and go out stamp which is submitted whenever a field or list is history altered because of the user.
Lead Strategies Supplier (LLP): An organization you to organizes other third party logistics couples getting outsourcing regarding logistics features. Together with see: Next Team Logistics.
Direct Date: The go out you to elapses ranging from an order’s placement and its particular bill. It gives enough time required for purchase transmittal, order running, order thinking, and you may transportation.
Leg: A foot possess a supply, appeal, and you may carrier which will be consisting of all the successive segments from a good station kepted from the same provider. Referred to as Bookable Foot.
Less-Than-Containerload (LCL): A term utilized when items don’t completely reside an entire basket. Whenever of several shipper’s merchandise consume one basket, for every shipper’s shipment is recognized as being LCL.
Less-Than-Truckload (LTL) Carriers: Transportation companies that consolidate and transport reduced (less than truckload) shipment from freight utilizing a system from terminals and exchange factors.
Page off Borrowing from the bank (LOC): A method to payment to have merchandise in which the visitors dependent his borrowing from the bank that have a district lender, demonstrably outlining the products becoming bought, the price, the fresh new records necessary, and you can a period of time restrict getting conclusion of one’s purchase. Through to bill of files, the bank try sometimes reduced by consumer otherwise requires identity on the merchandise by themselves and you will continues to help you import funds towards seller.
Existence Stage Costs: In price account, a good item’s lifestyle years is the several months one to starts with this new 1st product conceptualization and you will stops into detachment of one’s device regarding the areas and you will final feeling. A product or service lifetime period was described as specific defined levels, along with look, development, introduction, readiness, refuse, and you may abandonment. Life duration prices is the obtained will set you back incurred of the a product throughout these levels.
Less-Than-Truckload (LTL): Transportation companies that consolidate and transport quicker (less than truckload) shipment off products simply by using a system off terminals and you will exchange products
Lift into the, Lift-off (LO/LO): A technique in which freight try stacked on to and you may unloaded regarding a water motorboat, that this case is through a great crane.
Range Functions: The option-and come up with section people relate genuinely to everyday businesses. Logistics line services become travelers administration, index manage, acquisition control, warehousing, and you can packaging.
Linked Marketed Systems: Independent personal computers belonging to separate teams linked in a manner to let direct condition are designed to you to definitely program from the other. Such, a customer’s computer is linked to an effective supplier’s system and the client can create sales or releases directly in the fresh supplier’s program.
