Shipping Becomes Easier, Get to Know These Terms in Logistics!
Posted on September 11, 2023 by Nur Wachda Mihmidati
Terms in logistics form a special language used by professionals in this industry. From the “Shipper” who sends the goods to the “Consignee” who receives them, and everything in between, every term plays an important role in running operations smoothly. In this article, we will dig deeper and understand the meaning and role of several key terms in the world of logistics.
The world of logistics is one of the most vital parts of the global economy. It is the backbone that ensures goods reach their destination on time and in good condition. For companies, understanding key terms in the supply chain is the first step to optimizing their operations, reducing costs, and improving customer service.
Let’s start with a deeper understanding of each term and how they play a role in driving complex supply chains through this TransTRACK article.
Terms in the field of logistics
Logistics is one very important aspect in a company’s supply chain. To manage efficient logistics, it is necessary to understand various terms and concepts related to goods delivery, storage, and distribution. In this article, we will discuss 23 terms that are often used in the field of logistics.
Shipper
Shipper is the party responsible for sending goods. They are the person or company that removes goods from the location of origin or manufacturer.
Consignee
Consignee is the party who receives the goods sent. They are the person or company responsible for receiving goods at the final destination.
Description of Goods
Goods description is a detailed explanation of the goods to be sent. This includes information such as item type, quantity, weight, dimensions, as well as other relevant special characteristics.
Shipping Mark & Number
Shipping marks and numbers are special markings used on goods packaging to identify and track goods during shipping. This could be a unique code, label, or other mark.
Packing List
A packing list is a document that contains information about the packaging used to package goods. This includes the number and type of packaging as well as the weight and dimensions of each package.
Bill of Lading
Bill of Lading (BOL) is a document that functions as a transportation contract between the shipper, carrier and consignee. It includes details about the items being shipped, delivery routes, costs, and other terms.
DO (Delivery Order)
DO is a delivery order issued by the shipper or shipping company to the party who will deliver the goods. DO contains instructions regarding sending goods to the consignee.
Part of Shipment (POS)
POS is a part of shipping which is part of total shipping. In a large shipment, the shipment may be divided into several parts, each with a different destination.
G.W (Gross Weight)
G.W is the total weight of all goods in one package or shipment. This includes the weight of the item itself as well as the weight of the packaging.
N.W (Net Weight)
N.W is the net weight of the item itself, without taking into account the weight of the packaging or packaging.
LCL (Less Than Container Load)
LCL refers to shipments that do not fill the entire capacity of a shipping container. In this situation, multiple shippers can use the same container to save on shipping costs.
FCL (Full Container Load)
FCL is a shipment that fills the entire capacity of a shipping container. These containers are ordered by one shipper and filled with their own goods.
CFS (Container Freight Station)
CFS is a facility used to fill or empty shipping containers. This is the place where goods are consolidated or deconsolidated before or after shipping.
CY (Container Yard)
CY is the place where shipping containers are stored before or after shipping. This is an area generally managed by shipping companies.
Shipping Schedule
The delivery schedule is a schedule that determines when goods will be sent. This includes the expected delivery date and time.
Door
This term refers to the starting point or ending point of delivery. “Door to door” means delivery of goods from door to door, from the shipper’s location to the consignee’s location.
Stripping
Stripping is the process of removing goods from a shipping container after it arrives at its final destination. This involves removing items from containers.
Stuffing
Stuffing is the process of filling a shipping container with goods before shipping. This involves filling containers with the goods to be shipped.
3PL (Third-Party Logistics)
3PL is a company or logistics service provider that provides logistics services to other companies. This includes storage, transportation, supply chain management, and more.
PEB (Export Goods Notification)
PEB is a document issued by the authorities in the export process. It grants permission to export goods from a country.
Hub
Hubs are distribution centers used in logistics to consolidate and distribute goods to various destinations.
STO (Goods Receipt Letter)
STO is a document used to record the receipt of goods by the consignee or party receiving the goods.
Shipping
Shipping is a general term that refers to the entire process of sending goods from shipper to consignee. It covers all stages, from packaging to final delivery.
All these terms are very important in efficient and effective logistics management. Understanding the meaning and role of each of these terms can help companies optimize their supply chains and ensure successful delivery of goods.
In an increasingly complex logistics world, the use of efficient tools and integrated solutions is becoming increasingly important. One of the leading solutions in this case is the Logistic Service Integrator from TransTRACK.
Logistics Service Integrator is a platform specifically designed to help companies better manage their entire supply chain. As a company committed to helping you achieve success in your logistics, TransTRACK offers Logistic Service Integrator as a complete and trusted solution. If you want to increase efficiency, reduce costs, and increase control over your supply chain, don’t hesitate to contact us and explore how TransTRACK’s Logistics Service Integrator can help you achieve those goals.
Make Logistic Service Integrator from TransTRACK your partner in facing your logistics challenges. Get greater control and better results in every delivery of your goods.
Recent Post
Power Take Off, How Does It Work and Its Types?
November 14, 2024Gas Coming Out of The Carburetor, See How to Fix It!
November 13, 2024Topic :