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Thursday, December 29, 2016

Glossary of Supply Chain Terms "U"



U

Ubiquity: A raw material that is found at all locations.

UCC: See: Uniform Code Council (UCC); also see: EAN.UCC.


Umbrella Rate: An ICC ratemaking practice that held rates to a particular level to protect another mode's traffic.


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. Also see: Uniform Code Council.

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 Device (ULD): Refers to airfreight containers and pallets.

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.

Unplanned Order: Orders which are received that do not fit into the volumes prescribed by the plans developed from forecasts.



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.


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