Glossary of Terms
TERMS/CODES | MEANING | DEFINITION |
|---|---|---|
ASN | Advanced Shipment Notice | a document sent to a Warehouse management system to provide information about an upcoming shipment from a Supplier |
GRN | Goods Received Notification | a document that serves as confirmation that the goods have been delivered and received at the Warehouse |
DC | Distribution Center | a specialized warehouse or fulfillment center to receive, store and ship products to customer |
EAN | European Article Number | EAN uniquely identifies products and ensures seamless operations across the supply chain. EANs have 13 digits (including an additional country code) |
LPN | License Plate Number | usually in the form of scannable barcode for grouping and managing inventory in the form of a container/bin boxes |
SKU | Stock-keeping unit | a unique identifier assigned to each product in a business’s inventory system also called as Product Code |
WMS | Warehouse Management System | a software platform that helps manage and optimize process of Inbound and Outbound movement of Inventory |
on-the-fly | automatic data entry | A function in SEKO360 where data is automatically created when using ihub Load services such as Load Supplier and “Ship To” |
BBD | Product Attribute which is Date Controlled (Best Before Date) | Indicates the date when a product will be of best quality |
Lot No. | Product Attribute which is Lot Number Controlled | Manufacturing number use to track and to identify a specific batch of products that were manufactured under the same conditions |
Serial No. | Product Attribute which is Serial Number Controlled | A unique identifier assigned to a specific product by the manufacturer which helps to distinguish one product from another |
FIFO | First in, first out | A combination of Date Controlled and Lot controlled inventory control method for products with shelf life, in which first product to arrive are first product to be taken out of stock |