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Inventory

Inventory is the collection of raw materials, work-in-progress goods, and finished products held by a company for the purpose of production and sale.

Intermodal Transportation

Intermodal transportation is the movement of goods using multiple modes of transportation, such as ships, trains, trucks, and sometimes air or even pipelines, within a single, integrated transport system. The goal is to provide a seamless, efficient, and cost-effective movement of goods from one location to another.

Inner Packaging

Inner packaging, also known as “dunnage,” includes materials such as foam, paper, or wood used to minimize movement within a container.

Initial Storage Charge

An initial storage charge is the warehouse storage charge for the month when product is received; it is typically billed when product is received.

In-House Damage

In-house damage to product that occurred while in the warehouse (i.e., water leak, dropped product, etc.).

Inbound

Inbound is the process of receiving goods from suppliers, vendors, or manufacturers and preparing them for storage, processing, or distribution.