Motorized Pallet Truck
Motorized pallet truck, also known as a “powered pallet truck” or “electric pallet jack,” is a type of material handling equipment used to transport and move pallets within a facility.
Narrow Aisle (NA)
Narrow aisle, or NA, is a specialized lift trucks designed to be used in narrow aisles of 8 to 10 feet.
Net Storage Area
Net storage area is the space in the warehouse (in square feet or meters) that is actually used for storage. This does not include aisles, docks, offices and staging areas.
Net Weight
Net weight is the product weight before being packed with materials or packaging. For example, the net weight on a roll is the total weight of the roll less the
Obsolete Stock
Obsolete stock is stock that has no useable purpose that remains in the warehouse.
Occupational Safety & Health Administration (OSHA)
Occupational Safety & Health Administration, or OSHA, is an agency of the United States Department of Labor. It is responsible for setting and enforcing standards for workplace health and safety,
Omnichannel
Omnichannel is a multi-channel approach to sales that seeks to provide a seamless customer experience across all touchpoints, including brick-and-mortar stores, online and mobile shopping, call centers, and social media.
On Hand Inventory
On hand inventory is the amount of product in the warehouse. The product may be designated as shippable, damaged, on hold, or pending shipment (allocated to an order).
On Hold Inventory
On hold inventory is product that is designated as unable to be shipped; may be product with damage, questionable quality, expired shelf life, etc.
Order
In logistics, an order is a directive, sent by the owner of the goods, to ship product out of the warehouse. An order specifies product, quantity, shipping date, and destination
Order Cost
Order cost refers to the cost of labor, time, and other activities needed in an instance that a product is ordered.
Order Cycle
Order cycle is the replenishment cycle that determines how often a product needs to be sent as an inbound to the warehouse in order to keep up with demand.