Warehousing Terms

FEFO

The rule generally used in warehousing, stipulating that the material with the soonest expiration date should go out first.

Fictive Bonded Warehouse

A warehouse in which a company stores the goods belonging to it only. 

FIFO

The rule generally used in warehousing, stipulating that the material that enters first should go out first.

Forklift

The vehicle used for operations such as loading, unloading, moving, placement in open and closed areas, etc.

Handling

Processes such as material unloading, goods receipt, selective sorting, delivering-accepting, unpacking, dividing, stacking, placing, relocation, renewal-completion, collection, packaging, loading carried out in the storehouse. 

Hub

Regional operation centers where incoming loads/cargo are unloaded and those departing for the arrival point are loaded, the cargo is kept within short periods of time during the day and load/cargo transfers between the vehicles are made.