English terminology of logistics management

An Overview of English Terms in Logistics Management

Logistics management refers to the planning, organization, command, coordination, control and supervision of logistics activities in the process of social reproduction according to the law of material entity flow, so as to achieve the best coordination and cooperation of all logistics activities, thereby reducing logistics costs and improving logistics efficiency and economic benefits. Modern logistics management is based on system theory, information theory and cybernetics. The following are English words of logistics management.

Warehouse layout

ABC classification ABC classification management

Safety stock safety stock

Regular inventory

Inventory management inventory management

stock control

Vendor managed inventory Vendor managed inventory.

Quantitative system (FQS) quantitative ordering system

Fixed Interval System (FIS) Regular Order System

Economic order quantity (EOQ)

Continuous replenishment plan (CRP)

Joint management inventory (JMI) Joint inventory management

period in advance

Logistics cost control logistics cost management

Logistics performance management

Logistics strategy logistics strategy

Logistics strategic management

Logistics quality management

Logistics resource planning (LRP)

Supply chain alliance

Supplier relationship management supplier relationship management

On-time system

Instant logistics and JIT instant logistics

Effective customer response (ECR) Effective customer response

fast reaction

Material requirements planning (MRP)

Manufacturing resource planning in manufacturing resource planning (MRPⅱ Ⅱ)

Distribution requirement planning (DRP) distribution requirement planning

Distribution resource planning (DRP) Distribution resource planning

Enterprise resource planning (ERP) in MRP II enterprise resource planning

Collaborative planning, forecasting and replenishment (CPFR) Collaborative planning, forecasting and replenishment.

Service cost pricing service cost pricing method

Service value pricing service value pricing method

Outsourcing business outsourcing

Process analysis method

Delay strategy

Business process reengineering

Logistics process reengineering

Tangible loss

Intangible loss

Total cost analysis

Logistics activity-based costing

The balance of interests is contradictory;