OEM (Original Equipment Manufacturer)
A manufacturer who buys and incorporates other suppliers’ products into their own products.
Omnichannel approach
Strategy that involves the creation and management of different touch points and sales channels, both physical and digital, through which the customer can interact with the brand totally autonomously, enjoying a coherent and seamless shopping experience, whatever medium or channel is used.
Open top container
A container equipped with a solid removable roof or with a rubber tarpaulin so that it can be loaded and unloaded from above.
Order picking
Picking method in which the mission of each individual warehouse operator is to fulfil a complete order or a fraction of the order.
Order planning
The planning necessary to carry out orders over subsequent periods, given the delivery times agreed for the orders and the time necessary for the various operations that must be carried out for each order and dependent on the resources available and requested.
Order point
The management model for the material inventory using an order point involves re-ordering a purchase lot every time the stock drops to the level set as the order point.
Order processing
The series of activities required to process an order.
Order-notify
This is a shipment requiring the consignee to surrender the original endorsed bill of lading at delivery. A shipper may use this method to guarantee payment for goods shipped. It’s most commonly used with truckload shipments.
Outlet planning
The selection of distribution channels, and the planning for the flow of goods for that selection in the distribution plan.
