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Definitions (28)
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ABC ANALYSIS
Classification of items in an inventory according to importance defined in terms of criteria such as sales volume and purchase volume.
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accessibility
A carrier's ability to provide service between an origin and a destination.
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ACCESSORIAL CHARGES
A carrier's charge for accessorial services such as loading, unloading, pickup, and delivery.
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action message
An alert that an MRP or DRP system generates to inform the controller of a situation requiring his or her attention.
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active stock
Goods in active pick locations and ready for order filling.
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Activity-Based Costing
A method of cost management that identifies business activities performed, accumulates costs associated with these activities, and uses various cost drivers to trace costs of activities to the product [..]
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advanced shipment notice
A list transmitted to a customer or consignor designating items shipped. May also include expected time of arrival.
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Affreightment
An agreement by an ocean carrier to provide cargo space on a vessel at a specified time and for a specified price to accommodate an exporter or importer.
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AGENCY FEE
A fee charged to the ship by the ship's agent, representing payment for services while the ship was in port. Sometimes called attendance fee.
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AGENCY TARIFF
A rate bureau publication that contains rates for many carriers.
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