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Cross-docking
A logistics practice where incoming shipments are unloaded directly from supplier or manufacturing transport onto outbound trucks, trailers, or rail cars with minimal or no storage in between, reducing inventory holding times and costs.
Inventory Investment
The purchase of goods and materials that a company holds in anticipation of future sales, representing a significant part of its assets.
Radio Frequency Identification
A technology that uses electromagnetic fields to automatically identify and track tags attached to objects, containing electronically stored information.
Geographic Efficiency
Refers to the optimization of spatial distribution and location-specific strategies for businesses or services to maximize reach and minimize costs.
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