Logistics Lexicon for the Times (Part 2)

BODFC

BODFC

Buy-online-deliver-from-curb model used for e-commerce fulfillment to minimize contact between consumer and retail employee.


Demand distortion

Distortion

Significant, short-term change in product demand due to drastically different consumer behavior.


Floating storage

FLOATING-STORAGE

Using containerships to store product while weathering demand disturbances.


Pivot

Pivot

Quickly execute a sharp move away from normal manufacturing or logistics operations to address an immediate need for a product or service.


Ship from store or Direct from store

Ship

Using stores as mini-warehouses to fulfill e-commerce orders.


Redeploy

Redeploy

To transition workers into new shifts or duties in response to changing demand.


Hyperlocal logistics

Hyperlocal

Sharpened focus on residences as the final point of destination for distribution operations.


Buffer stock or Emergency inventory

Emergency

Excess product in storage beyond what just-in-time strategies call for, to prepare for supply chain disruption.



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