W
Glossary
- Warehouse Occupancy Ratio
- Ratio between the actual utilization of the storage area and maximum storage capacity (at a given point in time or over a specific period of time).
- Warehousing
- Term including the following logistics activities: order management, receipt of goods, inventory management, picking, withdrawal of goods and management of returns
- Warehousing Logistics
- Services in the field of stockkeeping, warehouse management (storage of merchandise in multifunctional logistics centers, setting up of and/or operating a warehouse at company premises), quality management, handling of returns, packaging, picking, make-to-order, assembling and stock management.
- Withdrawal of Goods
- Goods flow which involves the booking of withdrawn, outgoing, consumed goods or goods sent to the customer. Withdrawal of goods results in lower levels of goods on stock. Delivery of goods to consignee (movement).
