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Supply Chain Distribution Glossary

33 terms total — 9 showing — Last updated 15 Sep 2026

3PL 3PL

Intermediate Technical IVT

A third-party logistics provider that offers outsourced supply chain services including transportation, warehousing, and fulfilment.

Showing 25–33 of 33

Putaway

Intermediate Technical IVT

The warehouse process of moving received goods from the inbound dock to their designated storage location.

Technical Term Full entry →

Reverse Logistics

Intermediate Technical IVT

The supply chain processes involved in moving goods from the consumer back toward the point of origin for returns, recyc...

Technical Term Full entry →

Safety Stock

Intermediate Technical IVT

Buffer inventory held above the minimum required level to guard against supply disruptions or unexpected demand spikes.

Technical Term Full entry →

SCAC Code

Advanced Technical IVT

A Standard Carrier Alpha Code; a unique two-to-four-letter identifier assigned to transportation companies in North Amer...

Abbreviation Full entry →

SKU

Basic Technical IVT

A unique alphanumeric code assigned to a distinct product or product variant to facilitate inventory tracking and manage...

Abbreviation Full entry →

Slotting

Advanced Technical IVT

The strategic assignment of storage locations to products within a warehouse to maximise operational efficiency.

Technical Term Full entry →

Stockout

Basic Technical IVT

A situation in which demand for a product exceeds the available inventory, resulting in an inability to fulfil orders.

Technical Term Full entry →

TMS

Intermediate Technical IVT

A Transportation Management System; software used to plan, execute, and optimise the movement of goods by managing carri...

Abbreviation Full entry →

WMS

Intermediate Technical IVT

A Warehouse Management System; software that controls and optimises the operations within a warehouse, including receivi...

Abbreviation Full entry →
Showing 25–33 of 33

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