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Exam (elaborations)

CHEP Logistics Terminology (Latest 2024) Questions With Complete Answer Grade A+

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CHEP Logistics Terminology (Latest 2024) Questions With Complete Answer Grade A+ AW - ANSWER Awaiting Wash - pallets that have returned into a CHEP service center with contaminants such as animal waste or another residue in the logistics and operations context. Backhaul - ANSWER The return movement of a transportation vehicle from the direction of its origin haul especially transporting a shipment back over part or all of the route in the logistics and operations context. BDM - ANSWER Business Development Manager - sales representative that cultivates new business in the field in the logistics and operations context. BIFR - ANSWER Bodily Injury Frequency Rate - calculated by number of incidents over hours worked in the logistics and operations context. BluJay - ANSWER Formerly Lean. program for tendering loads and communicating with carriers in the logistics and operations context. BOL - ANSWER Bill of Lading - document that conveys custody of freight from shipper to receiver while in transit in the logistics and operations context. CapEx - ANSWER Capital Expenditures - funds used to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technology, or equipment in the logistics and operations context. C stock - ANSWER Pallets which have been either or sorted or repaired to specification and are suitable to ship to customers in the logistics and operations context. CCC - ANSWER Customer Care Center in the logistics and operations context. C-Gen - ANSWER C Generation- rate at which A and B stock is converted into C stock. Also, the amount of C stock generated at a given service center in the logistics and operations context. CMS/CRM - ANSWER Customer Management System/Customer Relationship Management - Siebel-Logs interactions with customers for future reference in the logistics and operations context. COB - ANSWER Close of Business - Synonym: End of Day (EOD) in the logistics and operations context

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