Check out our City Logistic terms glossary
ABC Analysis
ABC analysis is a stock management technique that enables items to be classified and organized based on their rotation. This makes it easier to plan the appropriate strategy for allocating resources in the warehouse and reduce effective picking times. It is based on the Pareto principle which states that 20% of the items generate 80% of the handling operations, while the remaining 80% of the goods are responsible for only 20% of goods handling operations.
Accessibility
The various opportunities to access an item stored in the warehouse.
Accuracy of delivery
The ability of the supplier to comply with the conditions agreed for deliveries. This can be measured as a percentage of deliveries which are subsequently disputed by customers with regards to how much the order conforms to what they ordered, the suitability of the load units shipped and any accompanying documentation.
Advanced Planning & Scheduling (APS)
Production planning system which can take into account any restrictions in the process (finite capacity scheduling).
Amplification of the effects (Bullwhip Effect)
An extreme change in the supply position upstream in a supply chain generated by a small change in demand downstream in the supply chain. Inventory can quickly move from being backordered to being in excess
ASN (Advanced Shipping Notice)
Electronic notification of the arrival of a cargo of goods at the next step in the supply chain.
Assortment
Set of items managed in a specific warehouse, whose composition is determined by precise market choices.
ATP (Available To Promise)
The capacity to promise the delivery, for a specific date, of a quantity of goods that are not available at the time of the order.
Auto ID (Automatic Identification)
Method used by devices to identify a code (and automatically upload this data into a computer). The most widely used technology at present is the barcode.
Automatic Identification
See also “AUTO ID”
Available stock
The quantity of goods in stock and ready to meet demand.
Average stock
The ratio between the daily inventories and the number of working days.
