Glossary of Transportation, Logistics, Supply Chain, and International Trade Terms. Stymied by stickering Exasperated by XML And just what is Poka Yoke, anywayLet Inbound Logistics glossary of transportation, logistics, supply chain, and international trade terms help. A B C D E F G H I J K L M N O P Q R S T U V W X  Y ZAABC Analysis A classification of items in an inventory according to importance defined in terms of criteria such as sales volume and purchase volume. ABC Classification Classification of a group of items in decreasing order of annual dollar volume or other criteria. This array is then split into three classes called A, B, and C. The A group represents 1. The next grouping, B, represents about 2. Inbound Logistics glossary of transportation, logistics, supply chain, and international trade terms can help you navigate through confusion and get to the meaning. 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ABC Costing See Activity Based Costing ABCABC Inventory Control An inventory control approach based on the ABC volume or sales revenue classification of products A items are highest volume or revenue, C or perhaps D are lowest volume SKUs. ABC Model In cost management, a representation of resource costs during a time period that are consumed through activities and traced to products, services, and customers, or to any other object that creates a demand for the activity to be performed. Free Electronic Msds Programs Programs' title='Free Electronic Msds Programs Programs' />ABC System In cost management, a system that maintains financial and operating data on an organizations resources, activities, drivers, objects and measures. ABC Models are created and maintained within this system. ABI See Automated Broker Interface ABIABM See Activity Based Management ABM. ABP See Activity Based Planning ABP. Abnormal Demand Demand in any period that is outside the limits established by management policy. This demand may come from a new customer or from existing customers whose own demand is increasing or decreasing. Care must be taken in evaluating the nature of the demand Is it a volume change, is it a change in product mix, or is it related to the timing of the order Absorption Costing In cost management, an approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to each unit of production. Yazilim/img/HHM10.jpg' alt='Free Electronic Msds Programs Programs And Features' title='Free Electronic Msds Programs Programs And Features' />The fixed costs are usually allocated to units of output on the basis of direct labor hours, machine hours, or material costs. Synonym Allocation Costing. Accelerated Commercial Release Operations Support System ACROSS A Canada Customs system to speed the release of shipments by allowing electronic transmission of data to and from Canada Customs 2. Acceptable Quality Level AQL In quality management, when a continuing series of lots is considered, AQL represents a quality level that, for the purposes of sampling inspection, is the limit of a satisfactory process average. Acceptable Sampling Plan In quality management, a specific plan that indicates the sampling sizes and the associated acceptance or non acceptance criteria to be used. Also see Acceptance Sampling. Acceptance Number In quality management, 1 A number used in acceptance sampling as a cut off at which the lot will be accepted or rejected. For example, if x or more units are bad within the sample, the lot will be rejected. The value of the test statistic that divides all possible values into acceptance and rejection regions. Also see Acceptance Sampling. Acceptance Sampling 1 The process of sampling a portion of goods for inspection rather than examining the entire lot. The entire lot may be accepted or rejected based on the sample even though the specific units in the lot are better or worse than the sample. There are two types attributes sampling and variables sampling. In attributes sampling, the presence or absence of a characteristic is noted in each of the units inspected. In variables sampling, the numerical magnitude of a characteristic is measured and recorded for each inspected unit this type of sampling involves reference to a continuous scale of some kind. A method of measuring random samples of lots or batches of products against predetermined standards. Accessibility A carriers ability to provide service between an origin and a destination. Accessorial Charges A carriers charge for accessorial services such as loading, unloading, pickup, and delivery, or any other charge deemed appropriate. Accountability Being answerable for, but not necessarily personally charged with, doing specific work. Accountability cannot be delegated, but it can be shared. For example, managers and executives are accountable for business performance even though they may not actually perform the work. How To Install Linoleum Flooring Over Linoleum more. Accounts Payable AP The value of goods and services acquired for which payment has not yet been made. Accounts Receivable AR The value of goods shipped or services rendered to a customer on whom payment has not been received. Usually includes an allowance for bad debts. Accreditation Certification by a recognized body of the facilities, capability, objectivity, competence, and integrity of an agency, service, operational group, or individual to provide the specific service or operation needed. For example, the Registrar Accreditation Board accredits those organizations that register companies to the ISO 9. Series Standards. Accredited Standards Committee ASC A committee of ANSI chartered in 1. The committee develops and maintains US generic standards X1. Electronic Data Interchange. Accumulation Bin A place, usually a physical location, used to accumulate all components that go into an assembly before the assembly is sent out to the assembly floor. Synonym Assembly Bin. Accuracy In quality management, the degree of freedom from error or the degree of conformity to a standard. Accuracy is different from precision. For example, four significant digit numbers are less precise than six significant digit numbers however, a properly computed four significant digit number might be more accurate than an improperly computed six significant digit number. ACD See Automated Call Distribution. Acknowledgement A communication by a supplier to advise a purchaser that a purchase order has been received. It usually implies acceptance of the order by the supplier. Acquisition Cost In cost accounting, the cost required to obtain one or more units of an item. It is order quantity times unit cost. Action Message An alert that an MRP or DRP system generates to inform the controller of a situation requiring his or her attention. Active Stock Goods in active pick locations and ready for order filling. Activity Work performed by people, equipment, technologies, or facilities. Activities are usually described by the action verb adjective noun grammar convention. Activities may occur in a linked sequence and activity to activity assignments may exist. In activity based cost accounting, a task or activity, performed by or at a resource, required in producing the organizations output of goods and services. A resource may be a person, machine, or facility. Activities are grouped into pools by type of activity and allocated to products. In project management, an element of work on a project. It usually has an anticipated duration, anticipated cost, and expected resource requirements. Sometimes major activity is used for larger bodies of work. Activity Analysis The process of identifying and cataloging activities for detailed understanding and documentation of their characteristics.