Order picking

1) The task of selecting goods/items from store to order (eg in accordance with a picking list).

Order lead time

1) (1) The time the customer waits between ordering and receiving a product, or the time it takes a distributor to receive and administer an order and make delivery of a product. (2) The total internal processing time necessary to transform a replenishment quantity into an order and for the transmission of that order to the recipient. (Source: ILT Supply-Chain Inventory Management SIG)

Opti-cruise

1) Electronically-controlled automatic gear change system. Product of Scania.

OPS

1) Occupational pension scheme. A pension for workers provided by their employer, normally with a contribution from the employee.

Operating system

1) Term for basic system which allows a computer to function. On small computers (ie PCs) this is commonly designated MS-DOS or Windows. Apple has its own MAC Operating System - OS.

Operating centre

1) In connection with 'O' licensing, the place (specified in the licence) which is approved for the parking of vehicles when not in use (ie where vehicles are 'kept')- It contravenes licence conditions to use any other place for parking without prior approval of LA (ie by making variation application/placing newspaper adverts, etc).