The 2-Minute Rule for Ocean carriers case solution

Distributed Stock: Stock that's geographically dispersed. One example is, the place a business maintains inventory in various distribution facilities to supply an increased amount of customer service.

Full-Company Leasing: An machines-leasing arrangement that includes various expert services to aid the leased products; a common process for leasing motor carrier tractors.

Information Mining: The whole process of studying data to look for Beforehand unidentified relationships. This know-how is then placed on attaining specific organization ambitions.

Freeway Use Taxes: Taxes that federal and point out governments assess in opposition to highway consumers (the gas tax is really an illustration). The government utilizes the use tax revenue to pay for the development, maintenance, and policing of highways.

Clearance: A doc stating that a cargo is absolutely free to become imported into your region In spite of everything authorized requirements are actually fulfilled.

Detention: The provider charges and charges utilized when rail freight cars and ships are retained outside of a specified loading or unloading time. Also see: Demurrage, Specific

Commuter: An exempt for-hire air provider that publishes a time program on particular routes; a Specific kind of air taxi.

Bar Code: A symbol consisting of a series of printed bars symbolizing values. A procedure of optical character reading, scanning, monitoring of models by reading through a series of printed bars for translation into a numeric or alphanumeric published here identification code. A well known example is definitely the UPC code utilised on retail packaging.

Conformance: An affirmative indicator or judgment that a service or product has satisfied the necessities of a suitable specification, deal, or regulation. Synonym: Compliance.

Balance of Trade: The surplus or deficit which ends up from evaluating a country's exports and imports of items only.

Charge, Insurance coverage, Freight: A freight term indicating that the seller is chargeable for Price, the maritime insurance plan, along with the freight charges on an ocean cargo of products.

Classification yard: A railroad terminal place exactly where railcars are grouped with each other to sort train models.

Import/Export License: Formal authorization issued by a governing administration letting the shipping or supply of an item throughout countrywide boundaries.

Business Application Integration (EAI): A computer phrase to the applications and techniques used in linking ERP and other enterprise techniques jointly. Linking Visit Website units is essential for e-business. Gartner says "corporations implementing enterprise purposes devote at the least 30% on level-to-level interfaces."

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