Glossary of Terms

for Third Party Logistics, Supply Chain Management & Fulfillment Operations

Many of the terms used in the world of third-party logistics do not appear in a standard dictionary, nor is there a dictionary of fulfillment or warehouse management definitions. We offer this glossary to help you better understand our business. If you have a term you would like defined, or have a definition that you would like to share with us, please send us an e-mail.

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Jump to terms:

- just-in-time

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J

just-in-time (JIT)
inventory management in which materials arrive "just in time" for final preparation and shipment. JIT fulfillment optimizes warehouse space, and reduces inventory holding costs, but requires excellent supply chain management (SCM) skills, to insure that all components necessary to ship the products arrive in warehouse just in time for final kitting and shipment.