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Zone Price

The constant price of a product at all geographic locations within a zone.

Related Links

Freight Distribution Clusters (Logistics Zones) – The Geography of Transport Systems
Freight & Logistic Services Pricing Strategies
Shipping Zones 101: How Distance Affects Fulfillment Cost [USPS Zone]

Zone Picking

A method of subdividing a picking list by arrears within a storeroom for more efficient and rapid order picking. A zone-picked order must be grouped to a single location and the separate pieces combined before delivery, or must be delivered to different locations such as a work center.

Related Links

The 8 Best Order Picking Methods (Including Batch Picking)
Order picking basics – Logistics Management
Zone picking
Improving Warehouse Logistics With Order Picking
What is Zone Picking? – materials handling definition
Zone picking system – Vanderlande
Zone Picking from Egemin Automation Inc.
5 Ways to Improve Order Picking Productivity – Supply Chain 24/7

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Zone Pick System Inther

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    Zone Pick System Inther

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Zone of Reasonableness

A zone or limit within which air carriers may change rates without regulatory scrutiny; if the rate change is within the zone, the new rate is presumed to be reasonable.

Related Links

Definition & Meaning Zone of Reasonableness

Zone of Rate Freedom

Motor carriers may raise or lower rates by 10 percent in one year without ICC interference; if the rate change is within the zone of freedom, the rate is presumed to be reasonable.

Related Links

Zone of Rate Freedom (ZORF) – Monash Business School

Zone of Rate Flexibility

Railroads may raise rates by a percentage increase in the railroad cost index that the ICC determines; the railroads could raise rates by 6 percent per year through 1984 and 4 percent thereafter.

Related Links

Exchange rate regimes: Target zone – Policonomics
Exchange-rate flexibility

Related Videos

Flexible Exchange Rate System

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