Laid-Off rates: The total unit and you will transportation costs. This new laid-down prices is right into the contrasting the full price of a great equipment shipped regarding different likewise have source to help you a consumer’s section of fool around with.
Due to the fact terminology barge and you may lightweight are used interchangeably, a good barge usually identifies a watercraft useful an extended haul, when you’re a much lighter is utilized getting a short haul
Arrived Prices: Cost of equipment plus related logistics will cost you, for example transport, warehousing, dealing with, etcetera. Also called Overall Got Cost of Internet Landed Can cost you.
LASH Boat: A boat computing no less than 820 foot a lot of time which have a patio crane able to weight and empty barges because of a tight section one ideas across the h2o. The new acronym LASH means Lighter (barge) Onboard Ship.
Last in First out (LIFO): In list control and you can monetary accounting, which is the habit of using inventory away from directory on the the foundation from the thing that was gotten last was ate first. This has restricted use in inventory staying which will be mostly good cost-bookkeeping means.
Last Current: A romantic date and you may big date stamp that is filed when an industry otherwise list was history altered of the user.
Lead Logistics Supplier (LLP): An organization you to organizes most other 3rd party logistics people for outsourced regarding strategies features. In addition to select: Last Cluster Strategies.
Head Big date: The entire day you to elapses between a keen order’s placement and its own bill. It includes the full time necessary for acquisition transmittal, order running, order preparation, and transit.
Leg: A base provides a source, destination, and you can provider which can be including most of the successive markets out-of a great channel booked from the exact same company. Also referred to as Bookable Feet.
Less-Than-Containerload (LCL): An expression used whenever merchandise don’t totally reside an entire container. Whenever of numerous shipper’s merchandise occupy an individual container, for every shipper’s shipments is considered to be LCL.
Less-Than-Truckload (LTL) Carriers: Trucking businesses that consolidate and you will transportation shorter (lower than truckload) shipments off products utilizing a system away from terminals and you may exchange items.
Letter from Credit (LOC): A method of payment having services and products where in fact the visitors created his borrowing having a location lender, obviously detailing the products getting purchased, the cost, the fresh new papers necessary, and you may a period restriction having conclusion of one’s deal. Upon bill regarding documents, the financial institution are possibly paid because of the customer or requires term into services and products themselves and proceeds so you’re able to import loans for the vendor.
Lives Course Cost: In price account, a product’s life duration is the several months one starts with brand new initial equipment conceptualization and you will ends up towards the withdrawal of your own device throughout the marketplace and latest temper. An item lifestyle cycle is characterized by particular laid out levels, as well as research, advancement, addition, maturity, refuse, and abandonment. Lives period rates ‘s the compiled will cost you obtain by an item during these amount.
Less-Than-Truckload (LTL): Trucking firms that combine and you can transportation smaller (lower than truckload) shipping away from freight through the help of a network out of terminals and you can relay activities
Lift with the, Lift-off (LO/LO): A method which luggage are stacked to and you may unloaded out-of a water boat, which in this example is with good crane.
Range Characteristics: The choice-to make areas organizations relate with daily procedures. Strategies range properties is travelers administration, list manage, order running, warehousing, and packaging.
Linked Distributed Assistance: Independent computer systems owned by independent organizations linked in a manner so that direct standing is made to you to definitely program from the some other. For example, a consumer’s pc is linked so you can an excellent supplier’s system and the consumer can cause orders or releases in direct the supplier’s system.
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