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Bracing: To secure a shipment inside a carrier's vehicle to prevent damage. Bracketed Recall: Recall from customers of suspect lot numbers, plus a specified number of lots produced before and after the suspect ones. Branding: The use of a name, term, symbol, or design, or a combination of these, to identify a product. Break-Bulk: The separation of a consolidated bulk load into smaller individual shipments for delivery to the ultimate consignee.

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The freight may be moved intact inside the trailer, or it may be interchanged and rehandled to connecting carriers. Break Bulk Cargo: Cargo that is shipped as a unit or package for example: palletized cargo, boxed cargo, large machinery, trucks but is not containerized. Break Bulk Vessel: A vessel designed to handle break bulk cargo. Break-Even Point: The level of production or the volume of sales at which operations are neither profitable nor unprofitable.

The break-even point is the intersection of the total revenue and total cost curves. If the period of accumulation is one week, then the system is said to have weekly buckets. Buffer: 1 A quantity of materials awaiting further processing. It can refer to raw materials, semi-finished stores, or hold points, or a work backlog that is purposely maintained behind a work center. Buffers can be maintained at the constraint, convergent points with a constraint part , divergent points, and shipping points. Buffer Management: In the theory of constraints, a process in which all expediting in a shop is driven by what is scheduled to be in the buffers constraint, shipping, and assembly buffers.

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By expediting this material into the buffers, the system helps avoid idleness at the constraint and missed customer due dates. In addition, the causes of items missing from the buffer are identified, and the frequency of occurrence is used to prioritize improvement activities. Buffer Stock: A quantity of goods or articles kept in storage to safeguard against unforeseen shortages or demands.


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Build to Inventory: A "push" system of production and inventory management. Product is manufactured or acquired in response to sales forecasts. Build to Order: A method of reducing inventory by not manufacturing product until there is an actual order from the customer.

Build to Stock: See Build to Inventory. Bulk Area: A storage area for large items which at a minimum are most efficiently handled by the palletload. Bulk Cargo: Unpacked dry cargo such as grain, iron ore or coal. Any commodity shipped in this way is said to be in bulk. Bullwhip Effect: An extreme change in the supply position upstream in a supply chain generated by a small change in demand downstream in the supply chain.

Inventory can quickly move from being backordered to being in excess. This is caused by the serial nature of communicating orders up the chain with the inherent transportation delays of moving product down the chain. The bullwhip effect can be eliminated by synchronizing the supply chain. Bundle: A group of products that are shipped together as an unassembled unit. Bundling: An occurrence where two or more products are combined into one transaction for a single price.

Burn Rate: The rate of consumption of cash in a business. Used to determine cash requirements on an on-going basis. Entrepreneurial companies will calculate their burn rate in order to understand how much time they have before they need to raise more money, or show a positive cash flow. Business Application: Any computer program, set of programs, or package of programs created to solve a particular business problem or function. Business Continuity Plan BCP : A contingency plan for sustained operations during periods of high risk, such as labor unrest or natural disaster.

Business Logistics: The process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements.

Business Plan: 1 A statement of long-range strategy and revenue, cost, and profit objectives usually accompanied by budgets, a projected balance sheet, and a cash flow source and application of funds statement. A business plan is usually stated in terms of dollars and grouped by product family. The business plan is then translated into synchronized tactical functional plans through the production planning process or the sales and operations planning process.

Although frequently stated in different terms dollars versus units , these tactical plans should agree with each other and with the business plan. Analysis of these measurements can help businesses periodically set business goals, then provide feedback to managers on progress towards those goals. A specific measure can be compared to itself over time, compared with a present target, or evaluated along with other measures.

Functions typically outsourced include logistics, accounts payable, accounts receivable, payroll, and human resources. Other areas can include IT development or complete management of the IT functions of the enterprise. Business Process Reengineering BPR : The fundamental rethinking and radical redesign of business processes to achieve dramatic organizational improvements.

Many companies are now focusing on this strategy, and their web sites are aimed at businesses think wholesale and only other businesses can access or buy products on the site. Internet analysts predict this will be the biggest sector on the web. Business-to-Consumer B2C : The hundreds of e-commerce web sites that sell goods directly to consumers are considered B2C. This distinction is important when comparing web sites that are B2B as the entire business model, strategy, execution, and fulfillment is different. Business Unit: A division or segment of an organization generally treated as a separate profit-and-loss center.

Buyer: An enterprise that arranges for the acquisition of goods or services and agrees to payment terms for such goods or services. Buyer Behavior: The way individuals or organizations behave in a purchasing situation. The customer-oriented concept finds out the wants, needs, and desires of customers and adapts resources of the organization to deliver need-satisfying goods and services. Cab Extenders: Also called gap seals, which help to close the gap between the tractor and the trailer.

Cabotage: A federal law that requires coastal and inter-coastal traffic to be carried in U. Cage: 1 A secure enclosed area for storing highly valuable items 2 A pallet-sized platform with sides that can be secured to the tines of a forklift and in which a person may ride to inventory items stored well above the warehouse floor.

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Caged: Referring to the practice of placing high-value or sensitive products in a fenced off area within a warehouse. Calendar Days: The conversion of working days to calendar days is based on the number of regularly scheduled workdays per week in your manufacturing calendar. Call Center: A facility housing personnel who respond to customer phone queries. These personnel may provide customer service or technical support. Call center services may be in house or outsourced. Synonym: Customer Interaction Center. Can-Order Point: An ordering system used when multiple items are ordered from one vendor.

The can-order point is a point higher than the original order point. When any one of the items triggers an order by reaching the must-order point, all items below their can-order point are also ordered. The can-order point is set by considering is set by considering the additional holding cost that would be incurred if the item were ordered early. Capacity Management: The concept that capacity should be understood, defined, and measured for each level in the organization to include market segments, products, processes, activities, and resources.

In each of these applications, capacity is defined in a hierarchy of idle, non-productive, and productive views. Capacity Planning: Assuring that needed resources e. Capacity: The physical facilities, personnel, and processes available to meet the product or service needs of customers. Capacity generally refers to the maximum output or producing ability of a machine, a person, a process, a factory, a product, or a service.


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Also see: Capacity Management. Capital: The resources, or money, available for investing in assets that produce output. Carmack Amendment: An Interstate Commerce Act amendment that delineates the liability of common carriers and the bill of lading provisions. Carnet: A Customs document permitting the holder to carry or send special categories of goods temporarily into certain foreign countries without paying duties or posting bonds.

Carriage: See Transportation.

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Carrier: A firm that transports goods or people via land, sea, or air. Carrier Assets: Items that a carrier owns technically or outright to facilitate the services they provide. Carrier Certificate and Release Order: Used to advise customs of the shipment's details. By means of this document, the carrier certifies that the firm or individual named in the certificate is the owner or consignee of the cargo.

Carrier Liability: A common carrier is liable for all shipment loss, damage, and delay with the exception of that caused by act of God, act of a public enemy, act of a public authority, act of the shipper, and the goods' inherent nature. Cartel: A group of companies that agree to cooperate rather than compete, in producing a product or service.

Thus limiting or regulating competition. Cartage: There are two definitions for this term: 1 charge for pick-up and delivery of goods 2 movement of goods locally short distances. Carton Flow Rack: A storage rack consisting of multiple lines of gravity flow conveyors. Cash Against Documents CAD : A method of payment for goods in which documents transferring title are given to the buyer upon payment of cash to an intermediary acting for the seller. Cash Conversion Cycle: 1 In retailing, the length of time between the sale of products and the cash payments for a company's resources.

Also see: Cash-to-Cash Cycle Time. Cash In Advance CIA : A method of payment for goods whereby the buyer pays the seller in advance of shipment of goods. Cash-to-Cash Cycle Time: The time it takes for cash to flow back into a company after it has been spent for raw materials. Synonym: Cash Conversion Cycle. Cash with Order CWO : A method of payment for goods where cash is paid at the time of order, and the transaction becomes binding on both buyer and seller.

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Catalog Channel: A call center or order processing facility that receives orders directly from the customer based on defined catalog offerings, and ships directly to the customer. Category Management: The management of product categories as strategic business units. This practice empowers a category manager with full responsibility for the assortment decisions, inventory levels, shelf-space allocation, promotions, and buying. With this authority and responsibility, the category manager is able to more accurately judge the consumer buying patterns, product sales, and market trends of that category.

Cause-and-Effect Diagram: In quality management, a structured process used to organize ideas into logical groupings. Used in brainstorming and problem-solving exercises. Also known as Ishikawa or fish bone diagram. CELL: A manufacturing or service unit consisting of a number of workstations, and the materials transport mechanisms and storage buffers that interconnect them.

Cms coupon clearing house phone number
Cms coupon clearing house phone number
Cms coupon clearing house phone number
Cms coupon clearing house phone number
Cms coupon clearing house phone number

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