Glossary

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Visit here for an Introduction to Logistics Bureau

L

Location Checking.
The systematic physical checking of warehouse stock against location records to ensure location accuracy.

Logistics.
The time-related positioning of resources to meet user requirements.

Lot Number.
The allocation of a unique number, to one or more of a product during manufacture or assembly, to provide traceability.

Lost Sales.
A customer demand for which no stock is available and where the customer is not prepared to wait for the item to arrive in stock but goes to another supplier.

Acronyms | 1-10 | A | B | C | D | E | F | G | H | I | J
K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z