Refers to transferring responsibility for specific tasks from one person to another.

The term "demurrage" from Old French demeurage, from demeurer – to linger, tarry – originated in vessel chartering and referred to the period when the charterer remained in possession of the vessel after the period normally allowed to load and unload cargo.

The numerical system which has 10 digits as its base.

0, 1, 2, 3, 4, 5, 6, 7, 8 and 9

This system is used by most civilisations possibly because we have 4 fingers and 1 thumb on each hand also giving us a total of 10 digits over both hands.

Is the demand for component parts, raw materials, or sub-assemblies. This demand does not occur until there is demand for a parent item, which is typically a product.

Is a group of words that contains a subject and verb but does not express a complete thought.

The reduction of the value of an asset over time.

A severe recession 

Demurrage refers to the charge that the merchant pays for the use of the container within the terminal beyond the free time period. Detention refers to the charge that the merchant pays for the use of the container outside of the terminal or depot, beyond the free time period.

The action of departing from an established course or accepted standard.

A secondary window that allows users to perform a command, asks users a question, or provides users with information or progress feedback.

A Digital archive is used for storing documents electronically. It is a long-term storage mechanism using a computer directory or folder that contains copies of files for backup or future reference.

Collections of digital data stored in this way as a computer file containing one or more compressed files

Refers to a company's combined attempts to engage customers through digital methods.

A measurable extent of a particular kind, such as length, breadth, depth, or height.

Material plus labour involved in producing goods.

Selling directly to consumers via a single channel by means of a single delivery and includes selling via direct mail, a catalogue of products or its own eCommerce site. 

Make (secret or new information) known.

An expense that is not necessary (wants vs. needs) and can be reduced.

A Dispatch List is a document that contains a detailed listing of all the goods that need to be produced based on the priority. It is generally shared with the production team via the internal system or a hard copy.

Disposable income is the amount of money that a household will have available to spend on items other than typical living expenses such as rent, lease payments, credit accounts etc. 

A distribution centre is a storage facility where goods are temporarily stored before being distributed to retail outlets. A DC can be used for value-adding processes, cross-docking, sorting and assembly.

A distribution channel strategy is a plan for reaching customers with products and services. 

A distribution network is the entire chain of distribution intermediaries, from the supplier to the consumer.

Diversity is generally defined as acknowledging, understanding, accepting, valuing, and celebrating differences among people with respect to age, class, ethnicity, gender, physical and mental ability, race, sexual orientation, spiritual practice, and public assistance status.

A sum of money paid regularly (typically annually) by a company to its shareholders out of its profits

A recoiling or resilient device that is attached to a dock in order to absorb the impact of a hit by a truck or any other transportation device.

A dock leveller is used to bridge the difference in height and distance between the warehouse floor and vehicle in the most efficient way.

Is used to dry dock and launch ships. It consists of a structural platform that is lifted and lowered exactly vertically, synchronously by a number of hoist.

Looks at the demand side of the supply chain toward the final assembly unit, retailer, and consumer. It is a part of a supply chain system or process or relationship between a company and its final user or customer.

A drone, in technological terms, is an unmanned aircraft. Drones are more formally known as unmanned aerial vehicles (UAVs) or unmanned aircraft systems (UASes). Essentially, a drone is a flying robot that can be remotely controlled or fly autonomously through software-controlled flight plans in their embedded systems, working in conjunction with onboard sensors and GPS.

A process of gathering, analysing and evaluating supplier’s background information

Dunnage is material employed to protect a given cargo from damages that may occur during transportation. It is normally cheap or waste material that is employed to secure items being shipped.

Dyadic relationship is a collaboration and information sharing type of relationship between the agents of supply chain.

Refers to all aspects of operating an online business, ecommerce refers specifically to the transaction of goods and services.

Also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

Environmental Impact Assessments

Electronic Point Of Sale – A system at the retailer’s point of sale to capture details about the individual transactions made by customers, with the ability to extract this data to understand buying patterns, demand activity and customer behaviours

European Union. A union of countries based on the continent of Europe where agreements are made related to common currency, trade relations, border controls etc.

The concept of Early Supplier Involvement (ESI) is that organisations involve suppliers at an early stage in the product or service development/innovation process. Ideally the suppliers are involved as early as the conceptual de-sign stage although this could be a challenge. 

Economic development is a broader term, and is often defined based on what a country is trying to accomplish, and not by what is has achieved. A country’s economic development is generally the focus of local governments to improve standard of living through the creation of jobs, the support of innovation and new ideas, creation of higher wealth for all and striving towards overall better quality of life. Objectives include new schools, public safety enhancement, incentivizing new businesses to open locations in a community, infrastructure programs (roads and facilities) and small business development programs to promote job creation.

A period of sustained economic expansion.

Is the study of consumer choices and the behaviours that effect those choices. 

The ability of an economy to support a defined level of economic production indefinitely.

The way in which a society or country organizes and distributes goods and resources.

These are the cost advantages that a business can exploit by expanding their scale of production. The effect of economies of scale is to reduce the average (unit) costs of production and purchasing.

The amount the company receives after accounting for discounts, promotions, and other incentives.

In any business, one of the heaviest drains on profitability is waste, the core principle in lean methodology is the removal of waste within an operation. The 8 wastes of lean manufacturing include: Defects, Excess Processing, Overproduction, Waiting, Inventory, Transportation, Motion, and Non-Utilized Talent.

The transfer of information and data electronically between systems, usually different organisations, such as retailer and supplier or logistics provider.

Refers to the probability of an event occurring when an experiment is conducted.

To give someone authority or power to do something.

The ability of the environment to support a defined level of environmental quality, and natural resource extraction rates, indefinitely.

Where the demand for a product meets the supply for a product.

The amount the business owes to the owners and/or shareholders.

Money from a person or institution who takes a share of the company in return for capital.

Ethical behaviour in governance is defined as the way in which an organization’s stakeholders try to manage collective action from the perspective, and in the interest, of the majority, thereby avoiding damaging behaviours, and through a better control of the power and responsibilities of the organization’s managers.

A system of shared and transparent governance which seeks to establish the general frameworks and guidelines for managers of large organizations by enforcing the values of transparency, responsibility and professionalism.

Refers to the discipline that examines one’s moral standards or the moral standards of a society to evaluate their reasonableness and their implications for one’s life.

Ethnocentrism is the tendency to believe that one's ethnic or cultural group is centrally important, and that all other groups are measured in relation to one's own. The ethnocentric individual will judge other groups relative to his or her own particular ethnic group or culture, especially with concern to language, behaviour, customs, and religion

The European Council of Applied Sciences, Technologies and Engineering (Euro-CASE) is a European non-profit organization, which groups 19 to 20 European national academies of engineering, applied sciences and technology. The organization provides a European forum for exchange and consultation between European institutions, industry, research, and national governments.

The mission of the organization is to pursue, encourage and maintain excellence in the fields of engineering, applied sciences and technology, and promote their science, art and practice.