Check out our Healthcare terms glossary
E-logistics
This includes the management and fulfilment of the entire order cycle, the management of purchasing, stock and warehouses, the management of shipments, payments and returns.
E-procurement
Method of procuring goods and services via the Internet.
E-Supply Chain (and E-Logistics)
The integrated and collaborative management of the logistics process (and the supply processes in general) which is made possible by new technology. It includes the management and fulfilment of the entire order cycle, the management of procurement, the management of stock and warehouses, the management of shipments and payments and returns.
Economic Order Quantity (EOQ)
An inventory management model that determines how much to order by determining the amount that will meet customer service levels while minimizing total ordering and holding costs.
EDIFACT
Electronic Data Interchange For Administration Commerce and Transportation. The electronic exchange of data for administration, commerce and transport. It is the international EDI standard, sponsored by the UN/CEFACT and defines the syntax for the transmission of electronic data.
Enterprise Resource Planning (ERP)
A class of software for planning and managing enterprise-wide the resources needed to take customer orders, ship them, account for them, and replenish all needed goods according to customer orders and forecasts. Often includes electronic commerce with suppliers.
Equal Space Supply (ESS)
Replenishment logic used in the picking area, where the same picking volume is assigned to each item. The supply frequency is proportional to the flow of each item expressed in cubic metres.
Equal Time Supply
Replenishment logic used in the picking area, where the same frequency is adopted for all items. Each item is assigned a picking volume proportional to its flow expressed in cubic metres.
EXW (Ex Works)
This term refers to a clause whereby the seller undertakes to make the goods available on the ground at one of their pre-determined or agreed manufacturing units or warehouses and the buyer assumes all costs and transport risks. Unless otherwise agreed and included in the contract with an explicit agreement between the parties, the seller is not required either to clear the goods for export or to load them on the means of transport provided by the buyer. The buyer must therefore bear all the costs and risks of bringing the goods from the seller’s premises to the desired destination.
