0402 - Logistics Acronyms

What does 3PL stand for?

• Third Party Logistics

• Third Party Loading

• Third Party Leasing

Which acronym refers to a system that manages transportation operations?

• WMS

• TMS

• GPS

Which document lists the contents and destination of a shipment?

• ASN

• COO

• BOL

What is the meaning of FOB in logistics terms?

• Freight On Board

• Free On Board

• Freight Over Board

• Free Over Board

Which acronym is used for a unique identifier for a specific product?

• SKU

• SLA

• EXW

Which technology helps in tracking inventory without direct line of sight?

• GPS

• RFID

• ETA

• EDI

What does CFR stand for in logistics?

• Cash Freight Revenue

• Cost and Freight

• Cargo Freight Regulation

Which acronym refers to the estimated time when a shipment is expected to arrive?

• ETA

• ETD

• EDI

What is a LOI in logistics?

• Letter of Invoice

• Letter of Instruction

• Letter of Intent

• Letter of Information

What does JIT stand for in inventory management?

• Just In Transport

• Just In Time

• Joint Inventory Tracking

• Just In Transit