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Glossary

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Traceability

Traceability is the ability to track a shipment from the time it leaves the warehouse until the time it arrives at the consignee.

Tie

Tie, in logistics, refers to the number of units per layer on a pallet.

Throughput

Throughput is the rate at which a system, process, or facility is able to produce a desired output. In the context of logistics and supply chain management, it refers to the total quantity of goods or products that are processed and moved through a supply chain, from raw materials to finished goods, in a given period of time.

Third-Party Warehouse

A third-party warehouse is a storage and distribution facility that is contracted out by a company to an external provider for their warehousing and logistics needs. The provider operates and manages the warehouse on behalf of the company, taking care of tasks such as receiving, storing, picking, packing, and shipping products.

Third-Party Logistics (3PL)

Third-party logistics, or 3PL, are businesses that provide one or many logistics related services. Types of services may include public warehousing, contract warehousing, transportation management, distribution management, and freight consolidation. A 3PL provider may take over all receiving, storage, value-added, shipping, and transportation responsibilities for a client and conduct them in the 3PL’s warehouse using the 3PL’s equipment and employees or may manage one or all these functions in the client’s facility using the client’s equipment, or any combination of the above.

Terminals

Terminals are facilities or locations where goods are loaded, unloaded, or stored during the transportation process. They can include seaports, airports, rail yards, trucking terminals, or warehouses.