Embargo: A prohibition upon exports or imports, both with specific goods or precise countries.
Activity-Dependent Costing (ABC): A methodology that steps the associated fee and overall performance of Expense objects, activities, and resources. Charge objects consume things to do and pursuits take in resources. Resource expenditures are assigned to routines primarily based on their own usage of Those people methods, and action expenditures are reassigned to Price tag objects (outpputs) based upon the price objects proportional usage of All those things to do.
Channel Conflict: This happens when numerous gross sales channels inside of a company's supply chain compete with one another for a similar company. An example is where by a retail channel is in Opposition using a World-wide-web-primarily based channel put in place by the business.
Comparative Benefit: A theory depending on the belief that a location will specialize in manufacturing goods for which it has the best advantage or the least comparative drawback.
Steady Replenishment Preparing (CRP): A method that triggers the production and motion of merchandise with the provide chain if the equivalent products is purchased by an stop person.
They’re also partnering with companies within their worth chain to share Actual physical belongings and people expertise.
Contribution: The difference between revenue cost and various costs. Contribution is accustomed to address mounted fees and earnings.
Auditability: A attribute of modern details techniques gauged by the ease with which info may be substantiated by tracing it to resource paperwork, plus the extent to which auditors can depend upon pre-verified and monitored Management procedures.
Automatic Get in touch with Distribution: A characteristic of enormous phone Centre or "Customer Conversation Middle" telephone switches that routes calls by regulations, which include subsequent-available worker, skill set, etc.
Drayage Firms: Motor carriers that deliver area pickup and shipping of trailers and containers (on chassis)
Consul: A federal government official residing in a international country, billed with symbolizing the passions of his / her nation and its nationals.
Economical Obligation: Motor carriers have to have bodily harm and home injury (not cargo) insurance plan of not lower than $500,000 for each incident for browse around here every motor vehicle; higher money duty restrictions apply for motor carriers transporting oil or dangerous resources.
Crack-Even Place: The level of output or the volume of gross sales at which operations are neither financially rewarding nor unprofitable. The split-even place may be the intersection of the full revenue and complete Expense curves.
Date Code: A label on items check here with the day of production. In meals industries, It can be usually an integral Portion of the ton selection.