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The ABCs Of 3PL

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

 

November 05, 2015
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