Basic terms used in Logistics field 🏢

ID	Name	Description	Photo
1	Invoice	A Commercial Invoice is a legal document used for processing agreements in international trade.
2	Inventory	The total amount of goods and materials on hand, including raw materials, work-in-progress, and finished products.
3	Warehouse	A facility used for storing goods and materials, often including loading docks, packing and assembly areas, and office space.
4	Transportation	The movement of goods from one location to another, typically by truck, train, ship, or airplane.
5	Logistics	The process of planning, executing, and controlling the movement of goods, information, and resources from the point of origin to the point of consumption.
6	Supply Chain	The entire process of producing and delivering a product or service, from the raw materials to the end customer.
7	Distribution	The process of getting products and materials from the warehouse to the customer, including the transportation, storage, and delivery of goods.
8	Route Optimization	The process of finding the most efficient route for delivering goods, taking into account factors such as distance, time, and cost.
9	Capacity Planning	The process of determining the amount of resources (e.g. labor, equipment, and storage space) needed to meet demand.
10	Picking and packing	The process of selecting (picking) and preparing goods (packing) for shipment, often including the preparation of packing materials, labeling, and documentation.
11	Delivery	The process of physically transporting goods to the end customer, often involving the use of delivery trucks and delivery personnel.
12	Reverse logistics	The process of managing the return or disposal of goods, including the collection, transportation, and processing of returns, repairs, and end-of-life products.
13	Last-mile delivery	Last-mile delivery refers to the final stage of the delivery process, in which products are delivered to the end customer. This can be a particularly challenging aspect of logistics, as it requires navigating complex delivery routes, coordinating with multiple stakeholders, and managing customer expectations.
14	Distribution Center	A facility used for receiving, storing, and distributing products to retailers, wholesalers, or directly to customers.
15	Customs Broker	A professional who assists in the clearance of goods through customs, ensuring compliance with import/export regulations.
16	RFID (Radio-Frequency Identification)	A technology that uses radio waves to identify and track objects, often used in inventory management.
17	Bill of Lading	A legal document that details the shipment of goods and serves as evidence of the contract of carriage.
18	3PL (Third-Party Logistics)	Companies that provide outsourced logistics and supply chain services, including transportation, warehousing, and distribution.
19	Cross-docking	A logistics practice where products are transferred directly from inbound to outbound transportation without being stored in a warehouse.
20	Incoterms (International Commercial Terms)	Standardized international trade terms that define the responsibilities of buyers and sellers in a contract.