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FOB

VALUE CHAIN

Commodities

Facilities

Value Added

KPI

WAREHOUSE

Quality

Any article exchanged in trade, most commonly used to refer to raw materials and agricultural products.

A series of activities, when combined, define a business process; the series of activities from manufacturers to the retail stores that define the industry supply chain.

Storage place for products. Principal warehouse activities include receipt of product, storage, shipment, and order picking.

A term of sale defining who is to incur transportation charges for the shipment, who is to control the shipment movement, or where title to the goods passes to the buyer.

The physical plant, distribution centers, service centers, and related equipment.

The value that is added by industries in producing goods and services.

A set of quantifiable measures that a company uses to gauge its performance and result in each process of receiving, storing, inventory, shipping, distribution, delivery, billing and information flows between the parts of the chain Logistics.

The totality of features and characteristics of a product or service that bears its ability to satisfy stated or implied needs”