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OBO Ore Bulk Oil Carriers are vessels capable of carrying different types of bulk goods, such as grain, ores, or oil products.
OBU On Board Units (OBU) for the automatic calculation of the MAUT.
Occupiable Spaces: For various reasons, such as warehousing, storage, vehicle loading / unloading, and value-added services at logistics facilities, the suitability / availability for the specific operation of the locations set.
Ocean Bill of Lading: The bill of lading given to its client by the ocean carrier.
Ocean Carrier: An company offering ocean (water) transportation service.
Offline: A computer term that defines work done in the corporate system outside of the computer system or outside of a principal procedure.
OFS OFS is the abbreviation for Official Ship Number
Offshore: Use of an Outsourcing service provider in a country other than the customer’s location.
On-Demand: In regards to research done when there is demand. Usually used to identify goods that are only made or assembled when you place a customer order.
Order: A type of request for goods or services.
Order Cycle: The time and process involved from order placement until order receipt.
Order Cycle Time: The time that elapses from order placement until order receipt. It involves uploading, sorting, planning and delivery time for an order.
Order Entry and Scheduling: The method of receiving customer orders, and inserting them into the order processing system of a company. Orders can be received by telephone, fax or by electronic means. Activities may include “technically” checking orders to ensure orderable functionality and correct pricing, checking the credit of the customer and accepting payment (optionally), recognizing and reserving inventory (both on hand and on schedule), and committing and scheduling a delivery date..
Order Fill: A calculation of the number of orders received in the distribution center or warehouse, or the need to back-order, expressed as a percentage of all orders processed.
Order Management: The preparing, organizing, tracking and managing of customer orders, production orders and purchase orders related processes. With respect to customer orders, order management involves promising orders, order entry, order pick, pack and ship, accounting and customer account reconciliation. Regarding manufacturing orders, order management includes order release, routing, manufacture, monitoring, and receipt into stores or finished goods inventories. Regarding purchase orders, order management includes order placement, monitoring, receiving, acceptance, and payment of supplier.
Order Picking: Assembling a customer’s order from stored products.
Order Processing: Activities related to filling out customer orders.
Ordering Cost: The expense of placing an order with a manufacturer for inventories.
Origin: The location where a shipment begins its movement.
Original Equipment Manufacturer (OEM): A manufacturer that buys products from another supplier and incorporates them into their own products. Also, products supplied to the fabricator of the original equipment or sold as part of an assembly. For example, an engine can be sold to an OEM for use as the power source for its generator units at that company.
OT: This refers to the Open Top containers (OT), which are ideal for transporting elements out of gauge (height-wise). A cover that can be lashed up is supplied with these containers, however, it can not be used when container height is exceeded too much. In that case, it is possible to cover the products with different covers.
Outbound Logistics: The process involved transferring and storing goods from end of the manufacturing line to end user.
Out of gaugae: Loads outside of Gauge (OOG) are loads which exceed the dimensions of the container. For missed slots the shipping companies charge an OOG surcharge. After all, no other containers may be filled wherever the goods protrude.
Out-of-Pocket Cost: The expense directly related to a particular traffic unit that would not have been borne by a corporation if it had not carried out the movement.
Outlier: A data point for a similar phenomenon that varies significantly from other results. For example, if a product’s average sales were ten units a month, and the company had sales of 500 units for one month, this sales point could be considered an outlier.
Over, Short, and damaged (OS&D): This is usually a report issued when items are damaged at the warehouse. Used when making a claim with a carrier.
Over-the-Road: An operation of motor carrier which reflects long-distance movements; the opposite of local operations.
Owner/Operator: A driver of a truck that owns and operates its tractor / trailer