Arrow
Industry Terminology

Num A B C D E F G H I J K L M N O P Q R S T U V W

H

H&L: Home & Leisure merchandise.

H&S: Health & Safety. Also HSE: Health & Safety Executive.

Handheld Terminal: A small handheld device that uses radio frequency.

Hand Jack: Manually pulled jack used to unload full pallets from trailers and stack on the dock for processing or shipment.

Handling Costs: The cost involved in moving, transferring, preparing and otherwise handling inventory.

Hardware: The physical equipment or machines used to process information (as opposed to software, which includes programs, procedures, etc.).

Hawthorne Effect: From a study conducted at the Hawthorne Plant of Western Electric Company from 1927 to 1932, which found that the act of showing people that you are concerned usually results in better job performance. Studying and monitoring of activities are typically seen as being concerned, and result in improved productivity.

Hazardous Material: A substance or material that the Department of Transportation has determined to be capable of posing a risk to health, safety and property when stored or transported in commerce. Also see: Material Safety Data Sheet.

HC: Hydrocarbons.

Help Desk Automation: Software that helps manage computer-support operations via call tracking, problem management, inventory/configuration control and reporting.

Heuristic: An approach to systems or problem-solving using rules based on business practice, experience or expert intuition rather than quantitative optimization.

HHT: Handheld Terminal: Bar-code scanner or other portable data-input device. See also PDA.

High-Speed Bar-Code Scanners: Scanners that can read bar-coded documents at up to 600 documents per minute.

Hp: Horsepower: Unit of power. See also bhp. Also Hire Purchase.

HPT: Hand Pallet Truck.

HTML: Hypertext Markup Language: The language often used on the World Wide Web to instruct browser applications how to format information.

HTSUS: Harmonized Tariff Schedule of the United States: U.S. Customs schedule.

HTTP: Hypertext Transport Protocol: The data communications protocol often used on the World Wide Web.

Hub: 1) A large retailer or manufacturer having many trading partners. 2) A reference for a transportation network, as in "hub and spoke," which is common in the airline and trucking industry. For example, a hub airport serves as the focal point for the origin and termination of long-distance flights where flights from outlying areas are fed into the hub airport for connecting flights. 3) A common connection point for devices in a network.

Hybrid Inventory System: An inventory system combining features of the fixed reorder quantity inventory model and the fixed reorder cycle inventory model. For example, in the order point-periodic review combination system, an order is placed if the inventory level drops below a specified level before the review date; if not, the order quantity is determined at the next review date. Another hybrid inventory system is the optional replenishment model. Also see: Fixed Reorder Cycle Inventory Model, Fixed Reorder Quantity Inventory Model, Optional Replenishment Model.

HYS: Half Yearly Supply.

Back to top