Sales forecasting
and inventory optimization

Become a retail mastermind you always wanted to be.

Get a demo

5 minutes read

Dictionary J

TermExplanation
JacketA wood or fiber cover placed around such containers as cans or bottles.
Jackpot LineUsually used with automated systems such as automated conveyor systems, a Jackpot Line refers to an area where exceptions are routed. Exceptions may include orders that could not be completed (shortages or WMS error), orders requiring special processing, or weight or size exceptions. The terms Jackpot Lane, or Jackpot Area are also used to describe similar exception areas.
Jacob’s LadderA rope ladder suspended from the side of a vessel and used for boarding.
JANUSAn information exchange system on industrial health and safety.
Jelly beanA generic term for a low cost computer chip that performs simple tasks such as monitoring temperature.
JettisonThe process of throwing cargo overboard when the ship is in danger is an act of jettison. The division of the responsibility among the shippers and ship owner for an act of jettison which is done for the good of all shipments aboard is provided for in the maritime law and insurance.
JettyA mole or breakwater, running out into the sea to protect harbour or coast. It is sometimes used as a landing-pier.
JG-DMJoint Group on Depot Maintenance (JG-DM): The U.S. Dod flag level officers and civilians from each service that are responsible for depot maintenance. This group is responsible to review the depot maintenance function to achieve effective and affordable support for the nation’s weapon systems.
JibProjecting arm of a crane. Attachment connected to the top of a crane boom.
JidokaThe concept of adding an element of human judgment to automated equipment. In doing this, the equipment becomes capable of discriminating against unacceptable quality, and the automated process becomes more reliable. This concept, also known as autonomation, was pioneered by Sakichi Toyoda at the turn of the twentieth century when he invented automatic looms that stopped instantly when any thread broke. This permitted one operator to oversee many machines with no risk of producing large amounts of defective cloth. The term has since been extended beyond its original meaning to include any means of stopping production to prevent scrap (for example the and on cord which allows assembly-plant workers to stop the line), even where this capability is not built-in to the production machine itself.
JIT IIVendor-managed operations taking place within a customer’s facility. JIT II was popularised by the Bose Corporation. The supplier reps, called “inplants”, place orders to their own companies, relieving the customer’s buyers from this task. Many also become involved at a deeper level, such as participating in new product development projects, manufacturing planning (concurrent planning).
JobberA middleman who buys and sells merchandise for others.
Joint agency tariffA tariff that is published on behalf of two or more transportation rate bureaus applying to traffic moving between the respective geographic jurisdictions.
Joint agentAn official who acts as agent for two or more carriers.
Joint boardsIn administrative regulatory law, when a case involves two or more jurisdictions, a joint board may be established with representatives of each to hear the case and make the decision.
Joint Computer-Aided Acquisition and Logistic SupportThe JCALS program is the Department of Defense’s lead system for implementation of CALS. The functionality of JCALS will provide automation of technical manuals and other maintenance documents.
Joint costA type of common cost where products are produced in fixed proportions, and the cost incurred to produce on product necessarily entails the production of another; the bankhaul is an example.
Joint metricsApplication of common performance measures that are applied by two or more firms. The metrics might be related to customer service or financial measures.
Joint RateA rate over a route that involves two or more carriers to transport the shipment.
Joint RoutesRoutes established by two or more carriers for the continuous through movement of traffic via their respective lines.
Joint Supplier Agreement (JSA)Indicative of Stage 3 Sourcing Practices, the JSA includes terms and conditions, objectives, process flows, performance targets, flexibility, balancing and incentives.
Joint trafficFreight is transported by two or more carriers between origin and destination.
Joint VentureA joint activity of two or more companies, usually performed under a common name.
Just In TimeAn inventory control system that controls material flow into assembly and manufacturing plants by coordinating demand and supply to the point where desired materials arrive just in time for use. An inventory reduction strategy that feeds production lines with products delivered “just in time”. Developed by the auto industry, it refers to shipping goods in smaller, more frequent lots.
Just-in-sequenceA combination of just-in-time delivery with production line sequencing of delivered items. A customer will notify a supplier of the items needed and the sequence based on the customer’s manufacturing schedule, the supplier will then put together the shipment with the items in the appropriate sequence and deliver them to the customer (sometimes directly to the assembly line). This is most common in the automotive and similar assembly line industries where each unit on the assembly line can be configured differently (component options).
Just-In-Time InventoryA method of controlling and reducing direct and work-in-process inventory by having suppliers deliver material “just in time” to manufacturing.

Sales forecasting
and inventory optimization

Become a retail mastermind you always wanted to be.

Get a demo