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07.07.2013 11:06 |
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First pick ratio
1) During order picking, the percentage of orders or lines for which 100 per cent completion was achieved from the primary location or picking face. (Source: ILT Supply-Chain Inventory Management SIG)
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07.07.2013 11:04 |
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First-aider
1) Person trained in first aid procedures – usually nominated within a firm to be responsible for first aid matters in a department/section office.
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07.07.2013 11:01 |
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FIO
1) Free in and out. Term used where cargo is loaded and discharged at no cost to the ship owner.
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07.07.2013 10:59 |
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Finished goods
1) Inventory to which the final increments of value have been added through manufacturing. (Source: ILT Supply-Chain Inventory Management SIG)
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07.07.2013 10:57 |
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Financial ratio
1) System used (mainly) in accounting and by bank managers to give a quick indication of the financial standing of a firm/ client (eg current ratio which indicates the relationship of a firm’s assets to its liabilities, or liquidity ratio – working capital to current liabilities – which indicates how quickly a firm could settle its debts).
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07.07.2013 10:55 |
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FIN
1) Nationality symbol for Finland – to be shown on the rear of vehicles from that country.
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First-in, first-out (FIFO) |
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07.07.2013 11:05 |
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First-in, first-out (FIFO)
1) Stock valuation – the method of valuing stocks which assumes that the oldest stock is consumed first and thus issues are valued at the oldest price.
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Автор: goral
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07.07.2013 11:03 |
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First Aid (FA)
1) Legislation requires employers to advise employees about FA and provide training as necessary and FA boxes containing specified articles.
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07.07.2013 11:00 |
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Finished goods stock
1) Stock that is available for supply to an external consumer, including items that have been supplied but not invoiced to an external consumer. (Source: ILT Supply-Chain Inventory Management SIG)
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07.07.2013 10:58 |
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Financial standing
1) Term used in operator licensing to indicate whether a licence applicant/holder has sufficient funds to be able to operate his vehicles both legally and safely.
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07.07.2013 10:56 |
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Financial justification
1) Process used to ensure that a particular project/ purchase is financially justified (ie by resulting savings or operational benefits achieved).
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07.07.2013 10:54 |
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Fill rate
1) An item-based measurement that shows the percentage of demands that were met at the time they were placed. Fill rate only measures what happens when demands occur. (Source: ILT Supply-Chain Inventory Management SIG)
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