Industrial

We help you discover the technical terms and acronyms of the Logistics and Supply Chain Management industry.

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Foot

This is a unit of length, with anthropometric origins, which is not part of the International System of Units or SI. It is used in Anglo-Saxon countries, greatly in the United States and more sporadically in Great Britain. The dimensions of the Anglo-Saxon foot (to distinguish it from other historical units) is 0.3048 m = 30.48 cm. In the Anglo-Saxon system a foot is divided into 12 inches and represents 1/3 of a yard. It is also generally used to indicate heights in the world of aeronautics.

Forward Reserve Problem (FRP)

A problem concerning the identification of items to be placed in the picking area, how to determine the receptive potential of this area and the distribution of the available volume of the picking area among the variety of items.

Fourth Part Logistics Provider (4PL)

Operators who carry out the activities that are typically outsourced to a 3PL, but adds on additional activities (which can be administrative, checking or financial in nature) at a strategic and operational level which is connected to the logistics or in some way associated. These activities are carried out on behalf of a company who has no skills, possibility or willingness to carry them out in-house.