Logistics glossary

Definitions to commonly used international logistics terms

List Description
3PL Third-party logistics
3PR Third-party retail
4PL Fourth-party logistics
ASN Advanced Shipping Notice
AWB Airway Bill
BOL Bill of Lading
BOM Bill of Materials
CFR Cost and Freight (named port of destination)
CIF Cost, Insurance & Freight (named port of destination)
CIP Carriage and Insurance Paid to (named place of destination)
CM Contract Manufacturer
CPFR Collaborative planning, forecasting, replenishment
CPT Carriage Paid To (named place of destination)
DAP Delivered At Place (named place of destination)
DAT Delivered At Terminal (named terminal at port or place of destination)
DC Distribution Centre
DDP Delivered Duty Paid (named place of destination)
DFZ Duty Free Zone
EDI Electronic Data Interchange
EIN Exporter Identification Number
ERP Enterprise Resource Planning
ETA Estimated Time of Arrival.
ETD Estimated Time of Departure.
EXW Ex Works (named place of delivery)
FAI First Article Inspection
FAS Free Alongside Ship (named port of shipment)
FAT Final Assembly Test
FCA Free Carrier (named place of delivery)
FOB Free on Board (named port of shipment)
FTL Full Truck Load
FTZ Free Trade Zone or Foreign Trade Zone
HAWB House Airway Bill
HS Harmonised System
JIT Just in Time
KPI Key Performance Indicator
LCL Less than Container Load
LLP Lead logistics providers
LTL Less than Truckload
MSRP Manufacturer's Suggested Retail Price
NPI New Product Introduction
NVOCC Non-Vessel-Operating Common Carrier.
ODM Original design manufacturer
OEM An original equipment manufacturer
OMS Order Management System
P&D Pick up and Deliver
PO Purchase Order
SKU Stock Keeping Unit
SLA Service Level Agreement
TL Truck Load
VAS Value Added Service
WH Warehouse
WMS Warehouse Management System
WOS Weeks of Supply