Home
About Logistics Industry
About CaTLI
Success Story
Participating CA Community Colleges & State Universities
Career Paths
Training & Education for Workers
Customized Training for Employers
Logistics Glossary
CaTLI News
CaTLI Staff
Contact Us
CaTLI is funded by:
Logistics Glossary - O
A - B - C - D - E - F - G - H - I - J - K - L - M
N - O - P - Q - R - S - T - U - V - W - X - Y - Z
Obsolete Inventory: Inventory for which there is no forecast demand expected. A condition of being out of date. A loss of value occasioned by new developments that place the older property at a competitive disadvantage.
Order Picking: Selecting or “picking” the required quantity of specific products for movement to a packaging area (usually in response to one or more shipping orders) and documenting that the material was moved from one location to shipping. Also see: Batch Picking, Discrete Order Picking, Zone Picking
Outbound Logistics: The process related to the movement and storage of products from the end of the production line to the end user.
Out of Stocks: See Stock Outs
Outsource: To utilize a third-party provider to perform services previously performed in-house. Examples include manufacturing of products and call center/customer support.
Owner-Operator: A trucking operation in which the owner of the truck is also the driver.