Glossary

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API (Application Programming Interface)

An API is a set of rules that allows different software systems to exchange data and functions in a structured way. It makes integration between platforms possible without manual work or complex custo...

Asset

An asset, in this context, is any valuable item a company owns, uses or manages to support its operations or generate revenue. In the supply chain, this includes load carriers such as pallets, contain...

Asset Availability

Asset availability indicates whether a load carrier is ready for use when needed. It reflects how often assets are operational and accessible, rather than idle, lost or under maintenance. High asset a...

Asset Monitoring

Asset monitoring is the ongoing process of tracking the location, condition and status of physical assets across the supply chain. This includes data on movement, dwell time, temperature and other key...

Asset Pooling

Asset pooling is a model where reusable load carriers, such as pallets or containers, are owned and managed by a central pool operator. Multiple companies use these shared assets as needed, without ha...