Abc analysis: a classification of items in an inventory according to importance defined in terms of criteria such as sales volume and purchase volume. Abc classification

Grandfather Clause: A provision that enabled motor carriers engaged in lawful trucking operations before the passage of the Motor Carrier Act of 1935 to secure common carrier authority w/o proving public convenience and necessity; a similar provision exists for other modes.
Granger Laws: State laws passed before 1870 in Midwestern states to control rail transportation.
Great Lakes Carriers: Water carriers that operate on the five Great Lakes.
Grid Technique: A quantitative technique to determine the least-cost center, given raw materials sources and markers, for locating a plant or warehouse.
Gross Margin: The difference between total revenue and the cost-of-goods sold. Synonym: Gross Profit Margin.
Gross National Product (GNP): A measure of a nation's output; the total value of all final goods and services a nation produces during a time period.
Gross Weight: The total weight of the vehicle and the payload of freight or passengers.
GTDI: European Guidelines for Trade Data Interchange.
GTIN: Global Tracking Identification Number or Global Trade Item Number. GTIN is the globally-unique EAN.UCC System identification number, or key, used for trade items (products and services). It's used for uniquely identifying trade items (products and services) sold, delivered, warehoused, and billed throughout the retail and commercial distribution channels. Unlike a UPC number, which only provides information specific to a group of products, the GTIN gives each product its own specific identifying number, giving greater accuracy in tracking. Also see: EPC.
Guaranteed Loans: Railroad loans that the federal government cosigns and guarantees.
GUI: Graphical User Interface.
H
Handling Costs: The cost involved in moving, transferring, preparing, and otherwise handling inventory.
Hard Copy: Computer output printed on paper.
Harmonized Commodity Description & Coding System (Harmonized Code): An international classification system that assigns identification numbers to specific products. The coding system ensures that all parties in int'l. trade use a consistent classification for the purposes of documentation, statistical control, and duty assessment.