Laid-Down pricing: The sum of the unit and you may transport will set you back. New placed-down prices is right when you look at the evaluating the entire cost of a great equipment shipped from various other also provide present in order to a customer’s section out-of use.
As the terminology barge and you will lighter are used interchangeably, a beneficial barge usually means a boat employed for a long carry, when you find yourself a lighter is utilized having a primary haul
Arrived Cost: Cost of product as well as associated logistics will set you back, like transportation, warehousing, addressing, an such like. Often referred to as Full Got Price of Online Arrived Can cost you.
LASH Ship: A boat computing about 820 foot much time having a platform crane in a position to weight and you will unload barges by way of a strict point one projects across the h2o. This new acronym LASH signifies Lightweight (barge) Up to speed Watercraft.
Last in First out (LIFO): During the directory handle and you may economic bookkeeping, it is the practice of having 
fun with inventory off collection to the the basis regarding what was obtained last is consumed basic. It has got restricted include in stock keeping and is generally a great cost-accounting means.
Past Upgraded: A night out together and time stamp which is registered when an area or record is actually last modified from the representative.
Direct Logistics Supplier (LLP): An organisation one to organizes almost every other 3rd party logistics partners for outsourced out-of strategies properties. And additionally select: Next Team Strategies.
Head Date: The day one to elapses anywhere between an enthusiastic order’s placement and its particular acknowledgment. It gives committed you’ll need for acquisition transmittal, buy handling, acquisition planning, and you may transportation.
Leg: A foot has actually an origin, appeal, and you may company that is including all consecutive places out-of a station kepted from same supplier. Often referred to as Bookable Foot.
Less-Than-Containerload (LCL): An expression made use of when services and products do not totally reside an entire basket. When of numerous shipper’s merchandise inhabit one container, per shipper’s shipment is recognized as being LCL.
Less-Than-Truckload (LTL) Carriers: Transportation businesses that consolidate and you will transport less (lower than truckload) shipments out of cargo using a system away from terminals and you can relay factors.
Page away from Credit (LOC): A way of payment for goods the spot where the buyer centered their credit with a local financial, clearly explaining items to get ordered, the price, the latest documents necessary, and you may an occasion restrict for conclusion of the exchange. Abreast of acknowledgment regarding paperwork, the lending company is either reduced from the buyer otherwise requires term for the merchandise themselves and proceeds so you’re able to transfer funds to your seller.
Lifetime Duration Costs: In expense membership, a good item’s life stage ‘s the several months one to starts with brand new initially tool conceptualization and you will ends towards the withdrawal of the tool about industries and you will finally spirits. An item life duration are characterized by certain outlined stages, also lookup, innovation, inclusion, readiness, decline, and you may abandonment. Lifetime duration rates is the obtained will cost you sustained by an item throughout these values.
Less-Than-Truckload (LTL): Transportation businesses that combine and you will transportation quicker (lower than truckload) shipment from cargo making use of a network away from terminals and you may exchange facts
Lift on the, Lift off (LO/LO): A technique by which products was stacked onto and you can unloaded regarding a sea vessel, that this case is through a good crane.
Line Properties: The option-and then make section people relate with each and every day operations. Logistics range services are guests government, collection handle, order control, warehousing, and you will packaging.
Linked Distributed Solutions: Separate computers belonging to separate teams linked you might say to allow lead condition to get built to one to system from the another. Such as for example, a consumer’s pc is linked to an effective supplier’s system and you may the consumer can produce requests otherwise releases directly in the fresh supplier’s system.