Financial Terms
Batch picking

Main Page

Alphabetical
Index

SEARCH


Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.

 


Main Page: finance, investment, financial, credit, inventory, financial advisor, business, money,

Definition of Batch picking

Batch Picking Image 1

Batch picking

picking for several summarized orders at the same time, thereby
reducing the total number of required picks. The combined picks must still be
separated into their constituent orders, typically at some central location.



Related Terms:

Batch

A group of similar products produced together.


Batch cost

A cost that is incurred when a group of products or services are produced,
and which cannot be identified to specific products or services within each group.


batch-level cost

a cost that is caused by a group of things
being made, handled, or processed at a single time


Cherry Picking

Selecting specific assets for sale so as to record desired gains or losses.


Discrete order picking

A picking method requiring the sequential completion of
each order before one begins picking the next order.



Order picking

The process of moving items from stock for shipment to customers.


Picking list

A document listing items to be removed from stock, either for delivery to the shop floor for production purposes or for delivery to a customer.


Batch Picking Image 2

Picking transaction

Withdrawing parts or subassemblies from stock in order to
manufacture subassemblies or finished products.


Wave picking

The practice of grouping the priority of pick lists so that groups of
picked orders can be delivered at the same time, such as a set of orders being
delivered to a single customer on a single truck departing at a specific time.


Zone picking

The practice of picking by area of the warehouse, rather than by
order, requiring an additional consolidation step from which picking by order
is completed.



 

 

 

 

 

 

Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.


Copyrightę 2019 www.finance-lib.com