In the fulfillment service and 3PL businesses, we use a lot of acronyms and all sorts of industry jargon when talking amongst ourselves and even with our clients.
With that in mind, we thought it would be helpful and informative to put together some of the most commonly used of these terms and acronyms for your reference. Let us know if you think we missed anything!
| 3PL B/L or BOL BOM B2B B2C C/I or CI C/O or COO CFR or C&F CIF CMI COGS CPG CRM DC EDI EMEA FTL GB/L HazMat LSP LVC NDA OMS PO POD POE POM POP POS QA QC QM QMS RFP RFQ ROI SCE SCM SCP SLA SLI SOP SOW SRM T’s & C’s TL TM TMS UPS USPS WM WMS | Third-Party Logistics Company (3rd Party Logistics) Bill of Lading Bill of Materials Business-to-Business Business-to-Consumer Commercial Invoice Certificate of Origin Cost and Freight Cost, Insurance and Freight Co-Managed Inventory Cost of Goods Sold Consumer Packaged Goods Customer Relationship Management Distribution Center Electronic Data Interchange Europe, Middle East, Africa Full Truckload Government Bill of Lading Hazardous Materials Logistics Service Provider Logistics Visibility and Control Non-Disclosure Agreement Order Management System Purchase Order Proof of Delivery Port of Entry Purchase Order Management Point of Purchase Point of Sale Quality Assurance Quality Control Quality Management Quality Management System Request for Proposal Request for Quotation Return on Investment Supply Chain Execution Supply Chain Management Supply Chain Planning Service Level Agreement Shipper’s Letter of Instruction Standard Operating Procedure Statement of Work Supplier Relationship Management Terms and Conditions Truckload Transportation Management Transportation Management System United Parcel Service United States Post Office Warehouse Management Warehouse Management System |
Sources:
http://www.logisticslist.com/logistics-acronyms.html
https://www.descartes.com/knowledge-center/acronyms-logistics-supply-chain-management
