A B C D E F G H I K L M O P Q R S T U V W Z

ABC-Analysis

Tool to classify stock items, products, orders, etc. Inventory management uses ABC Analysis to classify items according to their relative importance/distribution by value per year

Accompanied (combined) Transport

See Rolling Road

ACTS

Container Rolloff/Transport System. This system allows direct transshipment of containers from trucks to railcars and vice-versa without having to use a crane or a terminal. This is achieved by the use of freight waggons equipped with special swivelling frames.

Allocation of Storage Location

Either fixed/systematic or at liberty/unsystematic. The inventory management computer stocks the goods at the next available location, thus ensuring optimum utilization of the warehouse. Due to huge economies of scale higher investments and longer distances do hardly count ABC structure and FIFO can also be guaranteed with unsystematic storage.

Assembling

Value-adding stage within the logistics chain comprising installation, assembling or manufacture of components. Example: rimming a wheel

Auxiliary packing aids

Returnable supplementary packing aids with specification of their type (e.g. inlets, KLT covers).

Average inventory stock

The average inventory stock is calculated as follows: stock at beginning of year + annual stock/2.