Logistics acronyms
8 results in Logistics
The projected time a shipment or vehicle will reach its destination. ETA helps coordinate receiving and scheduling.
Example: The ETA for the shipment is Friday.
A unique identifier assigned to each product for inventory tracking. SKUs help manage stock levels and sales data.
Example: Each color variant has its own SKU.
An outsourced provider that handles warehousing, fulfillment, and shipping for businesses. 3PLs help companies scale without owning infrastructure.
Example: We partnered with a 3PL for fulfillment.
A legal document issued by a carrier detailing the type, quantity, and destination of goods being shipped. BOLs serve as receipts and contracts.
Example: The driver presented the BOL at delivery.
Software that manages warehouse operations including inventory, picking, packing, and shipping. WMS improves efficiency and accuracy.
Example: The new WMS reduced picking errors by 30%.
A shipping term indicating when ownership and liability transfer from seller to buyer. FOB determines who pays freight costs.
Example: The contract specified FOB destination.
A shipping method for freight that does not require a full trailer. LTL consolidates shipments from multiple shippers.
Example: We used LTL shipping to reduce costs.
A shipping method where freight fills an entire trailer. FTL is typically faster and more cost-effective for large shipments.
Example: The order was large enough for FTL.