The Language of Logistics

122 | The Language of Logistics interoperability ai ncf oo rmmpautti ao tni oanma lo tnegr md i srpeaf er ar et en cs ionf gt wt ha er easbyi lsitteymt os ae xn cdhtahnegi re vaenndd uo sr es interrogation zone i s a n u r f e f o f a i r c m w ie a i n t t t h i o e in n n e ( w a rg h k y a ic t “ h o r e a p a o d p w e a r s e s r f i i u v e e l p d a ” R o F p r I a D s “p s t i i a v n g e g i R i n n F g t I e D fi r e r t l o a d g g ” a ) a tnodr rceacne ipvreobvai dc ke interrogator automated digital signal reader intraport logistics freight movement within the confines of a port inventory carrying cost (ICC) ao nf nc aupa li t caol , s st toofr ac ga er r, yhianng di lni nv ge n, it no sr uy riannccl ue d, ti na gx etsh, el oosps p, od ratmu na igtey, caonsdt oa nb ds o ltehsec ei nn cvee nc ot omr yp uctaerdr ya isntgh er aptreo dcua cl ct uolfaat evde r amgye imn vuet ni pt loyriyn gv a tl hu ee average inventory value inventory carrying rate (ICR) ad ne tneuraml ipneer ctehnet aagnenruaatle caopspt l ioefd ctaor trhy ei nagv ei nr av ge en ti onrvye ni nt oc rl uy dvi anlgu et ht oe oshprpionrkt,udnaimtyacgoes)t, ionfscuarpaintacel ,, satnodratgaex,ehsa ndl ing, l oss (obsol escence, inventory performance index (IPI) icnovme pn ut ot er yd a sp tehr ef opr mr oadnuccet o fmi ne vt rei nc t o dr ye vt ue lronpreadt e abnyd uRni igt hf ti lCl hr aa itne ™ inventory policy cost (IPC) icnavrerynitnogrycopsetrafonrdmloasntcseamleestcroicstcomputed as the sum of inventory inventory quality ratio (IQR) percentage of the total inventory investment in active SKUs