The Language of Logistics

112 | The Language of Logistics rt oa ctkh)e of rropnatl loeft tsh(ep farlal emt eflwo wo rrka(cakk)at o“ flfol owwrsamc ko”o) t h l y fr o m t h e b a c k Great Circle Distance (GCD) shortest distance between two points on the earth's surface GRI general rate increase GMROI gross margin return on inventory gross margin (GM) msaolensiersevreenmuaeining after "Cost of Goods Sold" is subtracted from gross margin percent the ratio of gross margin to sales revenue gross margin return on inventory (GMROI) rmeaturgrnino(nGMin)vetostamveenrat gliekienmveenatsourryevcaolmuep(uAteIVd)as the ratio of gross gross tonnage (GT) wpoewigehrtuonfiatsll (cia.er.s, ,lopcaosmseontgiveerss,)and freight on a train, excluding its gross weight (GW) tchoenttaoitnael rwizeaigtihotnof an object including its packaging, contents, and groupage ianctooncsoonltiadianteiorns fsoerrsvhicipe,maesnsetmbling and loading small shipments GSO global sourcing optimization