Activities concerned with
efficient movement of finished goods from the end of the production line to the
buyer.
Organized group of components
linked according to a plan for achieving specific objectives.
Condition in which objectives
are achieved at the expense of broader organizational objectives.
Mexican assembly plants located
near U.S. border.
Quality of service that a firm
wants its customers to receive.
Standard transportation rate
established for shipping various commodities.
Special transportation rate
granted by carriers to shippers as a reward for either regular use or large&-quantity
shipments.
Warehouse in which products are
stored prior to shipment.
Facility designed to assemble
and then redistribute products to facilitate rapid movement of products to
purchasers.
(EOQ) model Technique used to
determine the costs of holding inventory versus the costs involved in placing
orders in order to arrive at the optimal order quantity.
(JIT) inventory system Inventory
control system designed to minimize inventory.
Inventory item that is
unavailable for shipment or sale.
All activities involved in moving
goods within a manufacturer's plants, warehouses, and transportation company
terminals.
Process of combining as many packages as possible into one load in
order to expedite product movement and reduce damage and pilferage
Process of combining several
unitized loads of products into a single load to facilitate intertransport
changes in transportation modes.
