There are 332 entries in the glossary.
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| Packing List | A document that itemizes in detail the contents of a particular package or shipment. |
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| Pallet | A device used for moving and storing freight. A pallet is used as a base for sorting, stacking, and transporting goods as a unit load. The standard pallet is 40” by 48” and approximately 4 inches high. It is constructed to facilitate the placement of a the prongs of a forklift between the levels of the pallet so it may be moved onto a freight car or into a warehouse. "Pallet" also sometimes is used to describe a unit of freight; i.e. the amount of freight that will fit on a pallet. |
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| Paperless | When referring to processing in the warehouse (paperless picking, paperless receiving) or on the shop floor, paperless generally suggests that the direction of tasks and execution of transactions are conducted electronically on an interactive client without the use of paper documents. |
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| Phantom (phantom bill of material) | A fictitious bill of material created for common subassemblies or kits that you do not want to produce as separate items. For example, if you have a number of products that all use the same hardware kit you can create a phantom bill for the hardware kit and then just put the phantom item on the bills for all products that use it. Your MRP system will treat the phantom bill components as though they were part of the bill for the higher level item (rather than treating it as a separate item that needs to be produced). Phantom items never actually exist, they are just a means for simplifying the management of your bills of materials. |
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| Physical Inventory | The process of manually counting product in the warehouse and reconciling the count to book inventory. |
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| Pick and Pack (pick & pack, pick & ship) | A term that refers to the fulfillment of orders. |
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| Pick and Pass (pick & pass) | See Zone Picking
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| Pick Line | An arrangement of items in some orderly system to facilitate selecting or picking warehousing units to satisfy orders. |
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| Pick List | A computer-generated and optimized list of what items need to be picked to fulfill an order. |
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| Pick Sequence | A location's travel sequence, relative to its neighbors, when picking or putting away inventory. |
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| Pick-and-Pass | See Zone Picking
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| Pick-by-Order | Inventory order picking method where a warehouse is picked for the completion of a single order at a time. Each warehouse operator is assigned an inventory order and that operator fulfills that order, picking each order line item in the most-intelligent way possible without back-tracking. |
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| Pick-by-Order Type | Inventory order picking method where a warehouse is picked for the completion of a single type of order at a time. Each warehouse operator is assigned an inventory order type and that operator fulfills only orders of that order type. Typically, inventory orders are defined as customer orders, internal orders, stock orders, etc. This strategy allows a warehouse operation to concentrate on fulfilling particular order types, e.g. internal or stock orders, without manipulating the warehouse management system's order type priorities. |
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| Pick-by-Zone | Order picking method where a warehouse is divided into several pick zones. This is often the most efficient method for orders consisting of many products of different sizes or requiring different types of storage. Pickers are assigned to a specific zone, as orders are moved from one zone to the next as they move toward completion. |
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| Pick-to-Clear | Method often used in warehouse management systems that directs picking to the locations with the smallest quantities on-hand. |
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| Picking | Picking is the movement of stock from a storage area to a staging area. The Material Handling Operator will “pick” the stock which is assigned to a particular order. The operator must pay close attention and match the items listed on the order to the information on the product. |
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| Picking Accuracy | Accuracy measurement associated with the order picking process. |
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| Planned Order | Term used within MRP and DRP systems for system-generated planned order quantities. Planned orders only exist within the computer system and serve multiple functions. One function is to notify the materials/planner or buyer to produce or order materials, which is done by converting a planned order into an purchase order, shop order, or transfer order. |
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| Planning Bill of Material (planning bom) | A fictitious bill of material used to group options of a family of products. For example, you may have a line of automobiles where most of the components are the same, but some will have different engines, transmissions, seats, etc. Rather than creating separate bills for each possible combination and then forecasting each possible combination, you create one large planning bill that contains all possible components but uses the "quantity per" to manage the options. Planning bills are sometimes referred to as Super Bills or Pseudo Bills. |
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| Planography | A scale drawing of a storage area showing the approved layout of the area, location of bulk bin, rack and box pallet areas, aisles, assembly areas, walls, doorways, directions of storage, office space, washrooms, and other support and operational areas. |
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| PO | See Purchase Order
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| Postponement | A manufacturing or distribution strategy where specific operations associated with a product are delayed until just prior to shipping. |
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| Process Manufacturing | Type of manufacturing where a product is produced or transformed through mixing, chemical reactions, etc. Examples of process manufacturing would be refining crude oil into gasoline, extracting copper from ore, combining materials to make paint. Process as opposed to discrete manufacturing. |
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| Procurement Cycle | The entire cycle of purchasing functions and duties which occur during acquisition of commodities. |
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| Public Warehouse | A business that provides short or long-term storage to a variety of businesses, usually on a month-to-month basis. A public warehouse will generally use their own equipment and staff, however, agreements may be made where the client either buys or subsidizes equipment. Public warehouse fees are usually a combination of storage fees (per pallet or actual sq. footage) and transaction fees (inbound and outbound). Public warehouses are most often used to supplement space requirements of a private warehouse. |
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| Purchase Order | A document used to approve, track, and process purchased items. A purchase order is used to communicate a purchase to a supplier. It is also used as an authorization to purchase. A purchase order will state quantities, costs, and delivery dates. The purchase order is also used to process and track receipts and supplier invoices/payments associated with the purchase. |
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| Put Away (putaway) | Placing received or returned goods into the warehouse storage area.
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