G
Gain
Sharing: A method of incentive compensation
where supply chain partners share collectively in savings from productivity
improvements. The concept provides an incentive to both the buying and supplier
organizations to focus on continually reevaluating, reenergizing, and enhancing
their business relationship. all aspects of value delivery are scrutinized,
including specification design, order processing, inbound transportation,
inventory management, obsolescence programs, material yield, forecasting and
inventory planning, product performance, and reverse logistics. The focus is on
driving out limited value cost while protecting profit margins.
General Agreement on Tariffs and Trade (GATT): A multilateral trade agreement aimed at expanding
international trade as a means of raising world welfare.
General-Commodities Carrier: A common motor carrier that has operating authority to
transport general commodities, or all commodities not listed as special
commodities.
General-Merchandise Warehouse: A warehouse used to store goods that are readily handled,
are packaged, and do not require a controlled environment.
General
Order (GO): A customs term referring to a
warehouse where merchandise not entered within five working days after the
carrier's arrival is stored at the risk and expense of the importer.
Global Positioning System (GPS): A system which uses satellites to precisely locate an
object on earth. Used by trucking companies to locate over-the-road equipment.
Global
Strategy: A strategy that focuses on
improving worldwide performance through the sales and marketing of common goods
and services with minimum product variation by country. Its competitive
advantage grows through selecting the best locations for operations in other
countries.
Going-Concern Value:
The value that a firm has as an entity, as opposed to the sum of the values of
each of its parts taken separately; particularly important in determining a
reasonable railroad rate.
Gondola: A railcar with a flat platform and sides three to five feet
high, used for top loading long, heavy items.
Goods: A term associated with more than one definition: 1) Common
term indicating movable property, merchandise, or wares. 2) All materials which
are used to satisfy demands. 3) Whole or part of the cargo received from the
shipper, including any equipment supplied by the shipper.
Government Bill of Lading (GB/L): The bill of lading used for shipments made by U.S.
Government agencies.
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.
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.
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.