|
|
Please search the abbreviations by using the alphabet links above.
The purpose of this tool is to list and define abbreviations used within the supply chain,
logistics and
Enterprise Resource Planning (ERP) areas. Please Email any terms that you think are missing or
where the definition is incorrect. All suggestions will be credited.
This work is copyrighted.
-
- L/C
- Letter Of Credit (or LOC) - commonly referred to financial institutions as a
Documentary Credit. 'A letter of credit is an undertaking by a bank to make a
payment to a named beneficiary within a specified time, against the presentation
of documents which comply strictly with the terms of the letter of credit' see
SITPRO
-
- LAMP
- Linux operating system, Apache web server, MySQL database and PHP / Perl /
Python scripting languages - the open source stack for web applications
-
- LBPO
- Logistics Business Process Outsourcing -
coined by IDC as a range of logistics services being ordering, fulfillment
and transportation services necessary to optimize e-business logistics.
-
- LCL
- Less than Container Load.
-
- LDI
- Logistics Development Incentive
-
- LERP
- Lean Enterprise Research Council - based at
Cardiff University
-
- LES
- Logistics Execution System (as in SAP LES). Also LE Logistics Execution.
-
- LGV
- Light Goods Vehicle
-
- LIFO
- Last In First Out - a method of valuing stock which assumes that
stock withdrawn is the most recent available.
-
- LiM
- Linear Meters - measure of road equipment being carried at sea, say. Also
Logistics Information System.
-
- LIS
- Logistics Information System - SAP module name
-
- LLP
- Lead Logistics Partner - organizes other 3rd party logistics
partners for outsourcing of logistics functions - see 4PL
.
-
- LMS
- Logistics Management System
-
- LO
- Logistics
-
- LOA
- Logistics Officer Association - military logistics
-
- LOB
- Line Of Business
-
- LOI
- Letter Of Intent (Thanks to Stephen Butler)
-
- LOL
- Limited Operational Life
-
- LT
- Lead Time
-
- LTL
- Less than Truck Load - a freight shipment that is less than the full
load of a truck.
-
- Also Lot To Lot.
|
