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Supply Chain & Logistics Glossary
Supply chain and logistics professionals speak their own language. Here’s your guide to cracking the code.
What Are In-Rack Sprinklers?
In-rack sprinklers are fire sprinkler systems installed within storage racks to protect goods from fire damage.
What Is Interleaving?
Interleaving is a technique that alternates different products or layers within a pallet or container to improve stability and facilitate handling.
What Is Intermodal Transportation?
Goods-to-man is a material handling concept that brings items directly to the worker (rather than the worker going to retrieve them). When executed properly, this concept improves efficiency in order picking and reduces travel time.
What Was the Interstate Commerce Commission (ICC)?
The Interstate Commerce Commission was a former U.S. regulatory agency overseeing transportation and commerce between states.
What Is Inventory?
Inventory is the stock of goods or materials an organization holds for production, distribution or sale.
What Is Inventory Accuracy?
Inventory accuracy is the degree to which actual inventory levels match recorded inventory data.
What Is Inventory Management?
Inventory management is the systematic control and optimization of inventory levels to meet demand while minimizing costs.
What Are Inventory Turns?
Inventory turns refer to the number of times inventory is sold or used within a specific period (usually a year).
What Is IoT (Internet of Things)?
Internet of Things (IoT) refers to the network of interconnected devices and sensors that collect and exchange data, enabling real-time monitoring and decision-making in supply chain operations.
What Is a Jib Crane?
A jib crane is a type of crane with a horizontal arm (jib) that can rotate to lift and move loads within a limited area.