Laid-Down prices: The total product and you will transportation will cost you. The laid-down prices is great for the comparing the complete price of a tool mailed regarding additional also provide offer so you can a consumer’s point out of play with.
While the conditions barge and lightweight are used interchangeably, a barge always identifies a vessel useful a lengthy transport, if you find yourself a lighter is utilized to own an initial carry
Landed Cost: Cost of equipment together with relevant strategies will set you back, such as for example transport, warehousing, dealing with, etc. Also referred to as Overall Landed Cost of Online Arrived Will set you back.
LASH Vessel: A watercraft measuring about 820 ft enough time with a patio crane in a position to load and you can unload barges thanks to a harsh area that strategies along side liquids. The brand new acronym LASH stands for Lighter (barge) Agreeable Ship.
Last-in First out (LIFO): Inside list control and you may economic accounting, which is the habit of playing with inventory out-of inventory towards the the basis from that was acquired history try ate first. It offers restricted include in inventory staying in fact it is mainly an excellent cost-accounting approach.
Last Updated: A date and you will big date stamp that is registered whenever an industry or number was history modified of the member.
Direct Logistics Supplier (LLP): An organization that organizes most other third party strategies couples to own contracted out regarding strategies qualities. Plus pick: Next People Strategies.
Direct Big date: The entire go out you to elapses anywhere between a keen order’s position and its bill. It includes enough time you’ll need for purchase transmittal, order processing, order preparing, and you will transportation.
Leg: A toes keeps a resource, destination, and carrier which is comprising all of the successive locations out of an excellent channel booked from the exact same provider. Referred to as Bookable Toes.
Less-Than-Containerload (LCL): A phrase utilized whenever services and products don’t entirely consume an entire basket. Whenever many shipper’s services and products reside an individual basket, for each shipper’s delivery is considered to be LCL.
Less-Than-Truckload (LTL) Carriers: Transportation companies that consolidate and you may transport less (less than truckload) distribution regarding luggage making use of a system from terminals and you may exchange products.
Letter of Borrowing (LOC): A method to fee to own services and products where client depending their borrowing having a city financial, obviously discussing the products become purchased, the purchase price, new files necessary, glint eÅŸleÅŸme and you will a period of time restrict to have achievement of the purchase. Abreast of receipt regarding paperwork, the bank are possibly paid down by the client otherwise takes term towards the goods on their own and you can continues in order to transfer loans on the seller.
Lifestyle Years Pricing: In cost membership, good product’s lives course is the period one starts with the new initial equipment conceptualization and you may concludes towards withdrawal of one’s equipment regarding the marketplace and you may last mood. Something lifetime course was described as specific laid out amount, together with browse, innovation, inclusion, maturity, refuse, and you will abandonment. Lifestyle duration costs ‘s the collected costs sustained by a product in these stages.
Less-Than-Truckload (LTL): Transportation companies that combine and you will transportation shorter (lower than truckload) shipment regarding products by using a network from terminals and you may relay issues
Lift into the, Lift off (LO/LO): A method where cargo are piled to and you can unloaded away from an ocean vessel, that this case has been an effective crane.
Line Features: The decision-and then make parts companies relate to each and every day procedures. Logistics range attributes were visitors management, index control, buy running, warehousing, and you may packaging.
Linked Delivered Systems: Separate computer systems belonging to separate groups linked in a sense to let lead position to-be made to one to program of the some other. Like, a customer’s computers is related so you’re able to a good supplier’s program and you can the consumer can make instructions otherwise launches in direct the newest supplier’s system.