Supply Chain & Logistics Glossary
Supply chain and logistics professionals speak their own language. Here’s your guide to cracking the code.
What Are Mini-Load Automated Storage/Retrieval Systems?
Mini-Load Automated Storage/Retrieval Systems are automated systems that handle small parts or items within a warehouse, optimizing storage and retrieval processes.
What Are Monorails?
Monorails are overhead transport systems using a single rail, often used for moving heavy loads in manufacturing or distribution facilities.
What Is the NFPA (National Fire Protection Association)?
The National Fire Protection Association (NFPA) is an organization that develops and publishes fire safety standards, including those related to storing and handling hazardous materials.
What Is the NSC (National Safety Council)?
The National Safety Council (NSC) is a nonprofit organization focused on promoting safety and preventing injuries in workplaces and communities.
What Are Omnichannel and Unichannel?
Omnichannel is defined as a seamless approach to retail where customers can interact with a brand across various channels (online, in-store, mobile) while maintaining consistent experiences. Unichannel, however, is the preferred term, because channels are irrelevant to your customers. They expect solid capabilities and service regardless of where they buy.
What Is On-Time-In Full?
On-time-inf-full is a performance metric that measures the percentage of orders delivered on time and complete.
What Are Optimality and Optionality?
Optimality refers to striving for the best possible outcome or solution. Optionality refers to having flexibility or choices to adapt to changing circumstances. Business leaders previously aimed for optimality, optimizing business processes and supply chains. In today’s era of perpetual disruption, business leaders should strive for optionality to continually change as conditions change.
What Is OSHA (Occupational Safety and Health Administration)?
OSHA (Occupational Safety and Health Administration) is a U.S. federal agency responsible for enforcing workplace safety regulations and standards.
What Is an Order Management System (OMS)?
An order management system (OMS) is software that manages the end-to-end order processing, from order entry to fulfillment and delivery.
What Is Outbound Logistics?
Outbound Logistics refers to the movement of goods from a company’s location to the end customer, including order fulfillment and transportation.
