W
Wall-to-Wall Inventory:
An inventory management technique in which material enters a plant and is
processed through the plant into finished goods without ever having entered a
formal stock area.
Warehouse: Storage place for products. Principal warehouse activities
include receipt of product, storage, shipment, and order picking.
Warehouse Management System (WMS): The systems used in effectively managing warehouse business
processes and direct warehouse activities, including receiving, putaway,
picking, shipping, and inventory cycle counts. Also includes support of radio
frequency communications, allowing real-time data transfer between the system
and warehouse personnel. they also maximize space and minimize material
handling by automating putaway processes.
Warranty
Costs: Includes materials, labor, and
problem diagnosis for products returned for repair or refurbishment.
1)
In just in time, any activity that does not add value to the good or service in
the eyes of the consumer.
2)
A by-product of a process or task with unique characteristics requiring special
management control. Waste production can usually be planned and controlled.
Scrap is typically not planned and may result from the same production run as
waste.
Wave
Picking: A method of selecting and
sequencing picking lists to minimize the waiting time of the delivered
material. Shipping orders may be picked in waves combined by a common product,
common carrier, or destination, and manufacturing orders in waves related to
work centers.
Waybill: Document containing description of goods that are part of
common carrier freight shipment. Shows origin, destination,
consignee/consignor, and amount charged. Copies travel with goods and are
retained by originating/delivering agents. Used by carrier for internal record
and control, especially during transit. Not a transportation contract.
Web
Browser: A client application that fetches
and displays web pages and other World Wide Web resources to the user.
Web
Services: A computer term for information processing
services that are delivered by third parties using Internet Portals.
Standardized technology communications protocols; network services a
collections of communication formats or endpoints capable of exchanging
messages.
Weight
Break: The shipment volume at which the
LTL charges equal the TL charges at the minimum weight.
Weight Confirmation:
The practice of confirming or validating receipts or shipments based on the
weight.
Weight-Point
Plan: A supplier selection and rating
approach that uses the input gathered in the categorical plan approach and
assigns weights to each evaluation category. A weighted sum for each supplier
is obtained and a comparison made. The weights used should sum to 100% for all
categories. Also see: Categorical Plan.
Weight Unit Qualifier: The unit of measure that the user wants to see for weight.
What You See Is What You Get (WYSIWYG): An editing interface in which a file created is displayed
as it will appear to an end user.
Wharfage: A charge assessed by a pier or dock owner against the cargo
or a steamship company for use of the pier or dock for the handling of incoming
or outgoing cargo.
Wide-Area Network (WAN):
A public or private data communications system for linking computers
distributed over a large geographic area.
WMS: See Warehouse Management System
Work in Process (WIP): Parts and subassemblies in the process of becoming
completed finished goods. Work in process generally includes all of the
material, labor, and overhead charged against a production order which has not
been absorbed back into inventory through receipt of completed products.
World Trade Organization (WTO): An organization established on January 1, 1995 replacing
the previous General Agreement on Tariffs and Trade GATT that forms the
cornerstone of the world trading system.
World Wide Web (WWW): A
"multi-media hyper-linked database that spans the globe" providing
information on desktop and handheld computers and other devices such as web
compliant phones and televisions. Unlike earlier Internet services, the
"web" provides more than just text combining text, pictures, sounds,
and even animation in a graphical user interface for ease of navigation.
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