Supply Chain-Logistics Flashcards
Describe Logistics
Logistics is the management of the flow of resources between the point of origin and the point of consumption in order to meet some requirements.
What is TMC?
Transport Material Center is a logistical center that monitors, directs and assists the logistic traffic in a complete geographical area.
What is CLC?
Country logistics center this is the logistic department responsible for the logical needs of the specific mentioned country.
What is RLC?
Regional Logistic center is the logistic department responsible for a specific region of a country.
What is a BOL?
Bill of Loading. - It is a legal document between the shipper of a particular good and the carrier.
What does BOL details?
The type, quantity and destination of the good being carried.
What is the KPI stand for?
Key Performance indicator
What are Logistics KPI?
Are quantifier measurements, related to a service or product that reflects the critical success factors of an organization.
Give an example of a Logistics KPI.
- Number of drivers found under alcohol/drugs influence (Schlumberger and Non Schlumberger related activities)
- Percentage of drivers rated in green as per monthly driver performance report, compliant with driver training requirements, recognition and reward system for green drivers, service quality meetings, percentage of vehicles with driving monitors installed and working
- CMSL Events
- Lead Times: Amount of time before a good is used that the order is placed
- Demurrage: How long an item waits at a final destination before it is offloaded
- Service: unload/load times and dispatch performance
- HSE Culture: Soft Rating
- Billing: Days to invoice, accuracy of invoices, invoice data backup (BOL, GPS data, Driver Logs, field ticket)
- Reporting: rated the information they are able to provide (revenue from us, # of loads, trucks/day, total km driven, high level metrics)
- Financial: km/hr and $/KG/KM
What is a SDS?
- Safety data sheet, it is a specific document for a specific material that shows important physical and chemical characteristics of a chemical or product to alert a user, transporter, or other interested party to potential safety hazards that may be associated with the material.
- Also contains treatments for exposure or ingestion as well as the type of equipment needed for safe handling.
- It is a legal requirement in most countries for all aspects of commerce involving chemicals.
What is Incoterm?
International Commercial Terms are a series of pre-defined commercial terms that are widely used in procurement processes.
What HTS stand for?
Harmonized Tariff Schedule
What does HTS do?
Comprises a hierarchical structure for classifying all goods in trade for duty, quota, and statistical purposes. It is based on the international Harmonized Commodity Description and Coding System (HS).
Importing is a privilege and classifying items correctly is critical.
SLB Trade Compliance Policy
What GOLD stands for?
Global Oilfield Logistics & Distribution
What is GOLD?
GOLD is a business process and system that is used to organize, coordinate and control the Supply Chain (Logistics & Distribution) related to all equipment, materials and supplies needed by our OFS entities (Field Locations, TCs) through one worldwide Logistics organization.
8 hubs located globally
