Certification of Compliance: A provider's certification the supplies or providers in problem fulfill specified needs.
Drayage: The assistance made available from a motor provider for pick-up and shipping of ocean containers or rail containers. Drayage brokers commonly take care of total-load containers for ocean and rail carriers.
Accounts Receivable (A/R): The worth of goods transported or products and services rendered to a buyer on whom payment hasn't been gained. Normally contains an allowance for negative debts.
Price tag Allocation: In accounting, the assignment of expenditures that can not be specifically connected to creation routines by way of far more measurable usually means, e.g., assigning corporate expenses to various merchandise via direct labor expenses or several hours.
Enterprise Effectiveness Measurement (BPM): A method that works by using a technique of objectives and metrics to watch overall performance. Analysis of such measurements can help firms periodically established enterprise objectives, then provide feed-back to professionals on development in direction of those objectives.
Going-Issue Value: The value that a company has being an entity, versus the sum of the values of every of its elements taken individually; specially crucial in analyzing an affordable railroad level.
ABC Method: In Expense management, a technique that maintains economic and operating details on a company's means, pursuits, motorists, objects and steps. ABC Products are produced and maintained inside of this system.
Carnet: A Customs doc allowing the holder to click reference hold or ship Specific categories of goods quickly into particular foreign countries devoid of shelling out responsibilities or publishing bonds.
Barrier to Entry: Variables that avert providers from entering into a certain market place, which include large initial expense in gear.
Cycle Stock: A list program exactly where counts are carried out constantly, generally getting rid of the need for an yearly In general inventory.
Business enterprise Device: A division or section of a company normally dealt with for a independent revenue-and-decline Heart.
Shipping and delivery Functionality to Ask for Date: The percentage of orders which are fulfilled on or right before the customer's requested day utilised as a measure of responsiveness to current market desire. Shipping and delivery measurements are dependant on the day a complete order is shipped or perhaps the ship-to this point of an entire get.
Functional Silo: A view of a company in which Every Office or practical team is operated independently of other groups within the Group. Each and every team is called a "Silo." This is the opposite of the integrated composition.
APU: APUs quickly shut down the leading locomotive engine idle although keeping all very important Discover More major engine techniques at tremendously lowered fuel consumption