Lexicon

Welcome to AHRMM's healthcare supply chain Lexicon. This database contains terms used throughout the healthcare supply chain field. Simply click on the link to access the entire definition.

AHRMM thanks Kate Vitasek and Supply Chain Visions for their contribution of certain terms to the Lexicon. Terms supplied by Supply Chain Visions are used with permission. Supply Chain Vision’s Glossary of Supply Chain Management Terms appears on the Council of Supply Chain Management Professionals website. AHRMM also acknowledges Michael B. Neely with Perimeter Solutions Group for his role in developing healthcare-specific terms.

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Source:
= definition provided by CSCMP
= definition provided by AHRMM
  • Lading

    The cargo carried in a transportation vehicle.
  • Laid-down cost

    See: Landed Cost
  • LAN

    See Local Area Network
  • Land bridge

    The movement of containers by ship-rail-sip on Japan-to-Europe moves; ships move containers to the U.S. Pacific Coast, rails move containers to an East Coast port, and ships deliver containers to Europe.
  • Land grants

    Grants of land given to railroads during their developmental stage to build tracks.
  • Landed Cost

    Cost of product plus relevant logistics costs such as transportation, warehousing, handling, etc. Also called Total Landed Cost or Net Landed Costs
  • Lane

    A major origin-destination pair, i.e., traffic lane , an origin-destination pairing. A manufacturer in Chicago ships to a destination in New York, producing the Chicago to New York traffic lane.