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Glossary & Dictionary

Operation Mangement  Dictionary

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Keyword  
Ubiquity
A raw material that is found at all locations.
UCC
Please refer Uniform Code Council.
ULD
Please refer Unit Load Device.
Umbrella Rate
An ICC ratemaking practice that held rates to a particular level to protect another mode's traffic.
UN/SPSC
Please refer United Nations Standard Product and Service Code.
Unbundled Payment/Remittance
The process where payment is delivered separately from its associated detail.
UNECE
United Nations Economic Commission for Europe.
Uniform Code Council (UCC)
A US association that administrates UCS, WINS, and VICS and provides UCS identification codes and UPC codes. Also, a model set of legal rules governing commercial transmissions, such as sales, contracts, bank deposits and collections, commercial paper, and letters or credit. Individual states give legal power to the UCC by adopting its articles of law.
Uniform Product Code (UPC)
A standard product numbering and bar coding system used by the retail industry. UPC codes are administered by the Uniform Code Council. They identify the manufacturer as well as the item, and are included on virtually all retail packaging.
Uniform Resource Locator (URL)
A string that supplies the Internet address of a web site or resource on the World Wide Web, along with the protocol by which the site or resource is accessed. The most common URL type is http //, which gives the Internet address of a web page. Some other URL types are gopher /, which gives the Internet address of a Gopher directory, and ftp //, which gives the network location of an FTP resource.
Uniform Warehouse Receipts Act
The act that sets forth the regulations governing public warehousing. The regulations define a warehouse manager's legal responsibility and define the types of receipts he or she issues.
Unit Cost
The cost associated with a single unit of product. The total cost of producing a product or service divided by the total number of units. The cost associated with a single unit of measure underlying a resource, activity, product, or service. It's calculated by dividing the total cost by the measured volume. Unit cost measurement must be used with caution as it may not always be practical or relevant in all aspects of cost management.
Unit load
Material handling term that describes any configuration of materials that allow it to be moved by material handling equipment as a single unit. While smaller manually handled configurations could be considered unit loads, the term generally defines larger configurations that would be moved by a lift truck such as palletized loads, crates, bales, etc. A.k.a. Unitized load
Unit Load Device (ULD)
Refers to airfreight containers and pallets.
Unit of measure
(abbreviated U/M) describes how the quantity of an item is tracked in your inventory system. The most common unit of measure is "eaches" (EA), which simply means that each individual item is considered one unit. An item that uses "cases" (CA or CS) as the unit of measure would be tracked by the number of cases rather than by the actual piece quantity. Other examples of units of measure would include pallets (PL), pounds (LB), ounces (OZ), linear feet (LF), square feet (SF), cubic feet (CF), gallons , thousands, hundreds, pairs, dozens. Also see Unit-of-measure Conversion.
Unit of Measure (UOM)
The unit in which the quantity of an item is managed, e.g., pounds, each, box of 12, package of 20, or case of 144. Various UOMs may exist for a single item. For example, a product may be purchased in cases, stocked in boxes, and issued in single units.
Unit Train
An entire, uninterrupted locomotive, car, and caboose movement between an origin and destination.
United Nations Standard Product and Service Code (UN/SPSC)
Developed jointly between the United Nations and Dun & Bradstreet (D&B). It has a five-level coding structure (segment, family, class, commodity, business function) for nearly 9,000 products.
United States Railway Association
The planning and funding agency for Conrail; created by the 3-R Act of 1973.
Unitization
In warehousing, the consolidation of several units into larger units into larger units for fewer handlings.
Unitize
To consolidate several packages into one unit; carriers strap, band, or otherwise attach the several packages together.
Unit-of-measure conversions
A unit-of-measure conversion is needed whenever you work with multiple units of measure. For example, if you purchased an item in cases (meaning that your purchase order stated a number of cases rather than a number of pieces) and then stocked the item in eaches, you would require a conversion to allow your system to calculate how many eaches are represented by a quantity of cases. This way, when you received the cases, your system would automatically convert the case quantity into an each quantity.
Unplanned Order
Orders which are received that do not fit into the volumes prescribed by the plans developed from forecasts.
UOM
Please refer Unit of Measure.
UPC
Please refer Uniform Product Code.
Upsell
The practice of attempting to sell a higher-value product to the customer.
Upside Production Flexibility
The number of days required to complete manufacture and delivery of an unplanned sustainable 20% increase in end-product supply of the predominant product line. The one constraint that is estimated to be the principal obstacle to a 20% increase in end-product supply as represented in days is Upside Flexibility Principal Constraint. Upside flexibility can affect three possible areas direct labor availability, internal manufacturing capacity, and key components or material availability.
Upstream
Principal direction of movement for customer orders which originate at point of demand or use, as well as other flows, such as return product movements, payments for purchases, etc. Opposite of downstream.
Urban Mass Transportation Administration
A U.S. Department of Transportation agency that develops comprehensive mass transport systems for urban areas and for providing financial aid to transit systems.
URL
Please refer Uniform Resource Locator.
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