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Expiration Date

An expiration date is the date when merchandise is no longer able to be shipped.

Expedite

Expedite is the process of prioritizing and accelerating the movement of goods, services, or information in order to meet an urgent or pressing need. In the context of logistics and transportation, expediting involves taking steps to ensure that shipments are delivered as quickly as possible, regardless of the usual delivery schedule.

Enterprise Resource Planning (ERP)

Enterprise resource planning, or ERP, is a wide range of activities supported by software with multiple modules (accounting, purchasing, inventory, manufacturing, etc.). Manufacturers and other businesses utilize ERP systems to manage various aspects of their businesses, including product planning, parts purchasing, inventory management, supplier management, customer service management, and order tracking. A relational database system may be a necessary component for the effective use of an ERP system. Implementation of an ERP system can involve considerable business process analysis, user training, and a significant financial investment.

Ending Inventory

Ending inventory refers to the inventory levels at the end of a specified period.

Emergency Order

Emergency order, also known as an “expedited order,” is an order placed and processed to be picked and shipped in an expedited manner. (See Expedite)

Electronic Data Interchange (EDI)

Electronic data interchange, or EDI, is the computerized exchange of information with the client through the warehouse management system. It is a method of exchanging orders, invoices, shipping forms and other documents over the computer. By eliminating the clerical, mailing and other costs associated with paper-based information, EDI reduces costs, time delays and errors.