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HS Code – Harmonized System Code
In 1988, the World Customs Organization (WCO), member countries (184) created this code list to be used in customs procedures for purposes o
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Apr 14, 20231 min read
SIC Code - Standard Industrial Classification
It is a 4-digit system created by the USA in 1937 to keep track of economic activities in different industries.
The USA, Canada, and Mexic
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GPC - Global Positioning Code
GPC Code Set;
The Brussels/Belgium-based GS1 Community owns it.
It is a code set that has been growing continuously since 2007 and is struct
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Apr 14, 20232 min read
UNSPSC - United Nations Standard Product and Service Code
It is a Classification Code, not an Identification Code.
It is a multisector standard
Consists of 2 digits x 4 scatter = 8 digit coding (+ O
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Apr 14, 20231 min read
Cross Docking
To shorten the delivery time, products from suppliers X, Y, and Z are combined as XYZ on a buyer basis without taking them into stock. It is
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HeadHaul & BackHaul
HeadHaul is the process between the first loading point of the vehicle and the final unloading in Logistics operations.
BackHaul, on the ot
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ISO 3166 - Country Coding System
It is a code system developed for use in official elements such as the license plates of countries. In this way, countries and even cities/s
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TLC - Total Landed Cost
It is a calculation method that helps to make the right choice among the alternatives by calculating all the direct and indirect costs of a
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SCV - Supply Chain Visibility
It is the forward and backward sharing of information between stakeholders within the supply chain in an accurate and timely manner.
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ISO 6346 - Container Check Digit
In container numbering, it is a control number that results from a mathematical process that is used to check the correctness of the written
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EOQ - Economic Order Quantity
The Economic Order Quantity calculation, used to find the Order Trigger Point in Minimum Stock Management, helps find the optimum order quan
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ROP - ReOrder Point
ReOrder Point, an element of Minimum Stock tracking in Stock Management, is the order trigger point indicating at which stock level the mate
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JIT - Just-In-Time
Just-in-time purchasing philosophy; It identifies inventories as the most crucial waste item, as they both cause high costs and hide the sou
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LOT Number / Party Number
With the logic of induction, it is a kind of identification number that reveals which lot a product is a part of. It allows traceability ret
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Apr 14, 20231 min read
PLT/POLT - Purchasing Order Lead Time
P(O)LT Purchasing (Order) Lead Time = Purchasing Flow Time
Order Delivery Date - Material Order date = Purchase Flow Time
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SKU - Stock Keeping Unit
Inventory Code, the backbone of Inventory Management, is a unique material identification tool consisting of AlphaNumeric characters, create
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SDE Analysis
SDE Analysis, consisting of the initials Scarce, Difficult, Easy, is an inventory analysis technique that classifies products according to a
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Apr 14, 20232 min read
JIC - Just In Case
JIC Is a version of JIT that is more ready for possibilities.
In addition to JIT, it aims to reduce the risk of being out of stock by keepi
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