CO

Customer order or Sales order.

Item

Part, SKU.

Item

Part or stock keeping unit (SKU).

Location

Bin or storage location.

Lot

A number is assigned to a set of identical items for tracing. Usually for a quantity or consignment of goods produced at one time.

Lot tracked

An Item with a Lot number which allows users to trace additional information such as Lot Source, Expiry Date and First Received Date.

Picking

The process where individual items are picked from a storage location to fulfil orders such as customer orders, job orders and transfer orders.

PO

Purchase order.

Warehouse

Storage warehouse. Used to contain locations or bin.