Manufacturers need to get products to consumers to buy. Both the manufacturers and consumers rely on jobs in the logistics industry to perform this task. Logistics jobs provide the best to get goods and services directly into the hands of the consumer market. The industry provides many types of logistics jobs including transportation and delivery of goods, overseeing production lines and managing inventory.
Here are some of the terms you need to know about the logistics industry:
Logistics Support Analysis (LSA)
LSA is the process that determines the requirements for any new logistical system. The analysis assists the company in determining that the system will perform as it should within the parameters of affordability and support.
Just-in-time inventory is a method that controls the time and amount of inventory for optimal production. The process allows suppliers to receive shipments in time for production.
The process of consignment is where good are put in the hands of a third party in order to transport or sell goods.
Bill of Lading
A bill of lading is a document working in the same capacity as a receipt of goods for shipment. This type of bill is issued by the carrier and details all of the terms of shipment.
A manifest is a type of document that lists the contents of a shipment. The manifest is used on aircraft, ships, trains or trucks. This is the most common way to keep track of shipments over multiple transportation methods.
The tare weight of any container is the weight of the container itself excluding the weight of the product shipment contained inside.