Which inventory method is broken down into 3 categories based on value and usage?
ABC
What is the term for using 2 or more modes of transportation?
Intermodal
What is used to track all orders in a warehouse?
WMS
What is the term for receiving too much product compared to the order?
Overage
Which document contains the charge rate for transporting the goods?
Carrier Freight Bill
What is the most important duty an inventory system has?
Track and manage inventory levels
What are the 2 standard lengths of ISO Containers used for Water transport?
20 feet and 40 feet
Which document is created by the WMS to show the quantities of the order?
Pick List
What is the term for the entity that transports the product?
Carrier
Which document acknowledges the goods have been received on board for transit?
BOL
What is the term for studying inventory at the total movement in the warehouse?
Aggregate Inventory Management
What is a cost that does NOT change?
Fixed cost
What document proves the order was picked by a specific facility?
Packing Manifest
Which document contains the trailer seal number?
ASN
Which document gives legal ownership of the items to the carrier while in transit?
BOL
Which inventory system uses data to automatically refill stock levels when they are depleted?
MRP
What is the measurement of loads delivered without damages called?
Damage Free Shipment Percentage
What are the 3 main picking schemes?
Area, Zone, Batch
What is the term for the company that receives the product?
Consignee
What document contains at least the Address, Invoice Number, and Package Weight?
Shipping Manifest
What are the 4 "Rights" of JIT?
Amount, Condition, Material, Time & Place
What type of carrier will haul any goods at any time to any place?
Common Carrier
What is the term for the process of returned and damaged items called?
Reverse Logistics
What are the 3 main purposes of the BOL?
Contract of carriage, Presumption of title to the goods, Receipt from carrier to shipper
Which document is used to specify the product being shipped, customer info, and mode of transport?
Shipping Order