1. 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
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2. 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
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3. 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
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4. 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
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5. 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
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6. 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
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7. 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
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8. 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
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9. 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
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10. 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
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11. 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
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12. 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
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13. 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
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14. 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
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15. 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
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16. 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
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17. 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
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18. 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
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19. 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
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20. goods Tangible products. goods or pipeline stock or LTL?
Page 242
2nd Ed, Page 277
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21. 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
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22. 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
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23. 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
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24. 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
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25. 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
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26. logistics or dispatching or dispatching?
Assigning work in real-time, often in the context of mobile resources.
Page 246
2nd Ed, Page 281
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27. 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
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28. 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
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29. 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
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30. 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
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31. 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
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32. 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
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