This glossary compiles common terms utilised in the logistics sector, aiming to simplify the complexities of the logistics realm for you.
In logistics, a carrier is a company or individual responsible for transporting goods or passengers within the supply chain, ensuring timely delivery and optimal efficiency. Carriers can operate across various modes of transportation, including road, rail, air, and sea.
Carrier management involves the strategic selection, negotiation, and continuous evaluation of the companies that transport goods for businesses.
Inbound logistics refers to the management and movement of goods, materials, products, and information from suppliers to warehouses or production facilities.
Omnichannel logistics refers to a sophisticated approach to managing and executing order fulfillment across multiple sales channels.
In logistics, a shipper is any individual or company that sends goods from one place to another. This term is broadly used to describe the party responsible for initiating the shipment of products, often the seller or manufacturer.
In logistics and supply chain management, the warehouse yard is the operational space for storing and transporting goods.