maritime shipping Transportation by sea or other waterway. outbound logistics or maritime shipping or intermodal container? maritime shipping Transportation by sea or other waterway. Page 242 2nd Ed, Page 277 Click here for Hint

freight forwarders Third-party logistics providers that facilitate freight consolidation or freight forwarders or ERP? freight forwarders Third-party logistics providers that facilitate shipments for clients. Page 249 2nd Ed, Page 284 Click here for Hint

third-party logistics (3PL) 4PL or 3PL or outsource? third-party logistics (3PL) Outsourcing logistics activities to a provider. Page 249 2nd Ed, Page 284 Click here for Hint

customs The governmental agency responsible for controlling customs or NIMBY or RFID? customs The governmental agency responsible for controlling the flow of goods in and out of a country, enforcing that country’s trade laws and collecting associated taxes. Page 248 2nd Ed, Page 283 Click here for Hint

last-mile (or last- kilometer problem) The challenge of last-mile problem or outbound logistics or inbound logistics? last-mile (or last- kilometer problem) The challenge of completing delivery of a good or a service, especially if the destination is remote or disrupted by disaster. Page 245 2nd Ed, Page 279 Click here for Hint

enterprise resource planning (ERP) A strategic information ERP or EDI or 4PL? enterprise resource planning (ERP) A strategic information system that integrates all functional areas of an organization. Page 245 2nd Ed, Page 280 Click here for Hint

NIMBY Not in my backyard; a grass-roots political effort GIS or customs or NIMBY? NIMBY Not in my backyard; a grass-roots political effort to block the planned location of a facility by area residents. Page 230 2nd Ed, Page 264 Click here for Hint

variable cost or fixed cost or economies of scale? fixed cost Cost incurred regardless of the volume of associated activity. Page 238 2nd Ed, Page 272 Click here for Hint

economies of scale Decreasing average unit cost by increasing volume. variable cost or outsource or economies of scale? economies of scale Decreasing average unit cost by increasing volume. Page 246 2nd Ed, Page 281 Click here for Hint

logistics Management of flow logistics or outbound logistics or inbound logistics? logistics Management of flow between locations, typically the transportation of products, personnel, or other resources. Page 242 2nd Ed, Page 277 Click here for Hint

inbound logistics Management of flow into a facility or other system. hub-and-spoke network or inbound logistics or outbound logistics? inbound logistics Management of flow into a facility or other system. Page 242 2nd Ed, Page 277 Click here for Hint

fourth-party logistics (4PL) 3PL or 4PL or LTL? fourth-party logistics (4PL) Logistical consulting provided by a firm without logistical assets. Page 249 2nd Ed, Page 284 Click here for Hint

hub-and-spoke network hub-and-spoke network or inbound logistics or outbound logistics? hub-and-spoke network A transportation network in which a set of destinations is connected to a central hub, so that any pair of destinations can connect by travel through the hub. Page 244 2nd Ed, Page 279 Click here for Hint

geographic information system (GIS) GIS or ERP or EDI? geographic information system (GIS) A database for analyzing and presenting information about a location. Page 228 2nd Ed, Page 262 Click here for Hint

air charter Transportation by an aircraft hired expressly for LTL or freight consolidation or air charter? air charter Transportation by an aircraft hired expressly for that trip, operating outside the scheduled flights of an air carrier. Page 244 2nd Ed, Page 279 Click here for Hint

incoterms® Standardized sets of terms accepted worldwide LTL or incoterms or outsource? incoterms® Standardized sets of terms accepted worldwide for transportation of goods, established and trademarked by the International Chamber of Commerce. Page 247 2nd Ed, Page 283 Click here for Hint

linear averaging A numerically weighted point of indifference or NIMBY or linear averaging? linear averaging A numerically weighted evaluation method used in situations such as awarding contracts, selecting locations, or ranking candidates. Page 234 2nd Ed, Page 268 Click here for Hint

freight consolidation? 4PL or intermodal container or freight consolidation? freight consolidation A third-party logistical service that groups small shipments of several clients into a larger shipment to achieve economies of scale in transport. Page 246 2nd Ed, Page 281 Click here for Hint

less-than-load (LTL) A shipment sufficiently LTL or pipeline stock or RFID? less-than-load (LTL) A shipment sufficiently small so as to not require the entire capacity of a logistical assets, also known as less-than-truckload or less-than-carload. Page 245 2nd Ed, Page 279 Click here for Hint

goods Tangible products. goods or pipeline stock or LTL? Page 242 2nd Ed, Page 277 Click here for Hint

variable cost Cost that varies with volume of associated activity. variable cost or aggregate or fixed cost? variable cost Cost that varies with volume of associated activity. Page 238 2nd Ed, Page 272 Click here for Hint

variable cost or linear averaging or load distance? load distance A quantity multiplied by the distance that the quantity will travel, to create an overall expression of the work required by that action. Page 233 2nd Ed, Page 266 Click here for Hint

freight consolidation? intermodal container or incoterms or freight consolidation? intermodal container A standard freight container designed to be loaded by the shipper and unloaded at its destination. Page 243 2nd Ed, Page 279 Click here for Hint

e-commerce Buying and selling product through electronic transactions. RFID or e-commerce or EDI? e-commerce Buying and selling product through electronic transactions. Page 245 2nd Ed, Page 280 Click here for Hint

pipeline stock Inventory currently in transit between locations. pipeline stock or dispatching or maritime shipping? pipeline stock Inventory currently in transit between locations. Page 247 2nd Ed, Page 282 Click here for Hint

logistics or dispatching or dispatching? Assigning work in real-time, often in the context of mobile resources. Page 246 2nd Ed, Page 281 Click here for Hint

outbound logistics Management of flow hub-and-spoke network or inbound logistics or outbound logistics? outbound logistics Management of flow departing a facility or other system. Page 242 2nd Ed, Page 277 Click here for Hint

point of indifference When two alternatives have identical merit. LTL or point of indifference or aggregate? point of indifference When two alternatives have identical merit. Page 237 2nd Ed, Page 272 Click here for Hint

identification (RFID) RFID or GIS or EDI? radio frequency identification (RFID) The tagging of objects with devices that may be detected and interrogated for information by remote electronic readers, allowing identification and tracking without contact. Page 245 2nd Ed, Page 280 Click here for Hint

outsource To subcontract an internal process to an external provider. 3PL or 4PL or outsource? outsource To subcontract an internal process to an external provider. Page 248 2nd Ed, Page 284 Click here for Hint

aggregate Combining the creation of many similar products aggregate or logistics or load distance? aggregate Combining the creation of many similar products into one relevant measure of activity for the organization. Page 238 2nd Ed, Page 273 Click here for Hint

electronic data interchange (EDI) The linking of two ERP or EDI or 3PL? electronic data interchange (EDI) The linking of two information systems from two different organizations to transfer data and conduct transactions. Page 246 2nd Ed, Page 281 Click here for Hint