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| An approach used in consolidation warehouses where, rather than making larger shipments, larger shipments are broken down into small shipments for local delivery in an area. |
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| An approach for selecting a facility location by combining a diverse set of factors. Point scales are developed for each criterion and the points are combined to calculate a rating for the site. |
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| A closed facility (under the supervision of government customs officials) into which foreign goods can be brought without being subject to the payment of normal import duties |
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Definition
| Systems that combine the idea of consolidation and that of cross-docking. |
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| All functions concerned with the movement of materials and finished goods on a global scale |
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Definition
(1) In an industrial context, the art and science of obtaining, producing, and distributing material and product in the proper place and in the proper quantities.
(2) In a military sense, its meaning also can include the movement of personnel. |
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| Third-Party Logistics Company |
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Definition
| A company that manages all or part of another company's product delivery operations. |
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Definition
| A special linear programming method that is useful for solving problems involving transporting products from several sources to several destinations. |
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