Customization: Creating a product from existing components into an individual order. Synonym: Build to Order.
Customs: The authorities designated to collect duties levied by a country on imports and exports.
Customs Automated Data Exchange System (CADEX): A Canada Customs system that allows for the electronic transmission of import data for goods that have already been released. Additional information such as accounting data and release notifications are also accessible.
Customs Broker: A firm that represents importers/exporters in dealings with customs. Normally responsible for obtaining and submitting all documents for clearing merchandise through customs, arranging inland transport, and paying all charges related to these functions.
Customs Clearance: The act of obtaining permission to import merchandise from another country into the importing nation.
Customs House Broker: A business firm that oversees the movement of international shipments through Customs, and ensures that the documentation accompanying a shipment is complete and accurate.
Customs Invoice: A document that contains a declaration by the seller, the shipper, or the agent as to the value of the shipment.
Customs Value: The value of the imported goods on which duties will be assessed.
CWO: See Cash with Order (CWO).
CWT: The abbreviation for hundredweight, which is the equivalent of 100 pounds. See Hundredweight.
CY/CY: See Container Yard to Container Yard (CY/CY).
Cycle Inventory: An inventory system where counts are performed continuously, often eliminating the need for an annual overall inventory. It is usually set up so that A items are counted regularly (i.e., every month), B items are counted semi-regularly (every quarter or six months), and C Items are counted perhaps only once a year.
Cycle Time: The amount of time it takes to complete a business process.
Cycle Time to Process Obsolete and End-of-Life Product Returns for Disposal: The total time to process goods returned as obsolete and end of life to actual disposal. This cycle time includes the time a Return Product Authorization (RPA) is created to the time the RPA is approved, from Product Available for Pickup to Product Received and from Product Receipt to Product Disposal/Recycle.
Cycle Time to Repair or Refurbish Returns for Use: The total time to process goods returned for repair or refurbishing. This cycle time includes the time a Return Product Authorization (RPA) is created to the time the RPA is approved, from Product Available for Pickup to Product Received, from Product Receipt to Product Repair/Refurbish Begin, and from Product Repair/Refurbish Begin to Product Available for Use.
D
Dangerous Goods: Articles or substances capable of posing a significant risk to health, safety, or property, and that ordinarily require special attention when transported. See also Hazardous Goods.
Dashboard: A performance measurement tool used to capture a summary of the key performance indicators/metrics of a company. Metrics dashboards/scorecards should be easy to read and usually have red, yellow, green indicators to flag when the company is not meeting its metrics targets. Ideally, a dashboard/scoreboard should be cross functional in nature and include both financial and non-financial measures. In addition, scorecards should be reviewed regularly - at least on a monthly basis, and weekly in key functions such as manufacturing and distribution where activities are critical to the success of a company. The dashboards/scorecards philosophy can also be applied to external supply chain partners like suppliers to ensure that their objectives and practices align. Synonym: Scorecard.
Data Dictionary: Lists the data elements for which standards exist. The Joint Electronic Document Interchange (JEDI) committee developed a data dictionary that is employed by many EDI users.
Data Interchange Standards Association (DISA): The secretariat which provides clerical and administrative support to the ASC X12 Committee.
Data Mining: The process of studying data to search for previously unknown relationships. This knowledge is then applied to achieving specific business goals.
Data Warehouse: A repository of data that has been specially prepared to support decision-making applications. Synonym: Decision-Support Data.
Database: Data stored in computer-readable form, usually indexed or sorted in a logical order by which users can find a particular item of data they need.
Date Code: A label on products with the date of production. In food industries, it's often an integral part of the lot number.
Days of Supply: Measure of quantity of inventory on hand in relation to number of days for which usage will be covered. For example, if a component is consumed in manufacturing at the rate of 100 per day and there are 1,585 units available on hand, this represents 15.85 days' supply.
DC: *See Distribution Center (DC)
Deadhead: The return of an empty transportation container to its point of origin. See Backhaul.
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