Container Security Initiatives (CSI) - ANSWER An international shipping programs formed to protect cargo containers from terrorism
Reverse Logistics - ANSWER Concerned with the return of goods from the customer
Gre
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Container Security Initiatives (CSI) - ANSWER An international shipping programs formed to protect cargo containers from terrorism
Reverse Logistics - ANSWER Concerned with the return of goods from the customer
Green logistics - ANSWER An example is returning a product using the packaging it came in
Asset recovery - ANSWER Selling items to a secondary market,
Reselling unsold items at a lower cost and
Repairing items for resale
Regulatory processes - ANSWER Help companies make their products more sustainable
Push - ANSWER A retail store uses this inventory system, production orders begin upon inventory reaching a certain level
Push/Pull Hybrid - ANSWER A retail store where you can also customize your order
Pull - ANSWER Production begins based on demand (forecasted or actual demand).
A problem when there is too much inventory - ANSWER Products can go out of style or become obsolete while sitting on shelves
Inventory - ANSWER Total merchandise, raw materials, and products that haven't been sold yet
Cycle counting - ANSWER Counting groups of inventory throughout the year
JIT (Just in time) - ANSWER having the right material at the right time at the right place and in the exact amount
Procurement Team - ANSWER Selects suppliers and manages contracts
Forecasting - ANSWER Determining how much material is needed and when it will be needed
Where RFID is used - ANSWER Stocking, Shipping, Receiving, Order Processing
Intranet - ANSWER A company's internal network
DRP (Distribution Requirements System) - ANSWER Manages the flow of inventory between different distribution centers
Customer Relationships Management (CRM) software - ANSWER Used in order processing
Warehouse Management System (WMS) - ANSWER Managing the flow of inventory within a distribution center
Load Consolidation - ANSWER Combine small shipm
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