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Supply Chain Glossary - I

Supply Chain Glossary - I

in-transit inventory

Material moving between two or more locations, usually separated geographically; for example, finished goods being shipped from a plant to a distribution center.

The time between the date of shipment (at the shipping point) and the date of receipt (at the receiver's dock). Orders normally specify the date by which goods should be at the dock. Consequently, this date should be offset by intransit lead time for establishing a ship date for the supplier.


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