H

HA:
See: High Availability Clusters
Handling Costs:
The cost involved in moving, transferring, preparing, and otherwise handling inventory.
Hard Copy:
Computer output printed on paper.
Harmonized Code:
An international classification system that assigns identification numbers to specific products. The coding system ensures that all parties in int'l trade use a consistent classification for the purposes of documentation, statistical control, and duty assessment.
Haulage:
The inland transport service which is offered by the carrier under the terms and conditions of the tariff and of the relative transport document.
Hawaiian carrier:
A for-hire air carrier that operates within the state of Hawaii
Hawthorne Effect:
From a study conducted at the Hawthorne Plant of Western Electric Company in 1927-1932 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 results in improved productivity.
Hazardous Goods:
See: Hazardous Material
Hazardous Material:
A substance or material, which 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
HazMat:
See: Hazardous Material
Hedge Inventory:
Excess inventories held to provide a buffer against risks associated with some contingent event. Events include price increases and availability reductions associated with work stoppages, plant shutdowns, disasters or acts of terrorism.
Heijunka:
An element of the Toyota Production System that averages volume and sequence of scheduled items to provide level production and help enable just in time (JIT).
Hierarchy of Cost Assignability:
In cost accounting, an approach to group activity costs at the level of an organization where they are incurred, or can be directly related to. Examples are the level where individual units are identified (unit-level), where batches of units are organized or processed (batch-level), where a process is operated or supported (process-level), or where costs cannot be objectively assigned to lower level activities or processes (facility-level). This approach is used to better understand the nature of the costs, including the level in the organization at which they are incurred, the level to which they can be initially assigned (attached) and the degree to which they are assignable to other activity and/or cost object levels, i.e. activity or cost object cost, or sustaining costs.
High Availability Clusters (HA):
A group of linked computers, connected through a fast local area network, that are implemented primarily for the purpose of providing high availability of services
Highway Trust Fund:
Federal highway use tax revenues are paid into this fund, and the federal government’s share of highway construction is paid from the fund.
Highway Use Taxes:
Taxes assessed by federal and state governments against users of the highway (the fuel tax is an example). The use tax money is used to pay for the construction, maintenance, and policing of highways.
Hi-low:
Usually refers to a forklift truck on which the operator must stand rather than sit.
Home Page:
The starting point for a website. It is the page that is retrieved and displayed by default when a user visits the website. The default home-page name for a server depends on the server's configuration. On many web servers, it is index.html or default.htm. Some web servers support multiple home pages.
Honeycombing:
1. The practice of removing merchandise in pallet load quantities where the space is not exhausted in an orderly fashion. This results in inefficiencies due to the fact that the received merchandise may not be efficiently stored in the space which is created by the honey-combing. 2. The storing or withdrawal or supplies in a manner that results in vacant space that is not usable for storage of other items. 3. Creation of unoccupied space resulting from withdrawal of unit loads. This is one of the major hidden costs of warehousing.
Honeycomb Loss:
When storing multiple SKUs in a single region, full utilization of all of the available space is not desirable because it could result in some items not being accessible. Honeycomb loss, the price paid for accessibility, is the unusable empty storage space in a lane or stack due to the storage of only a single SKU in each lane or stack since storing items from different SKUs would block access.
Hopper Cars:
Rail cars that permit top loading and bottom unloading of bulk commodities; some hopper cars have permanent tops with hatches to provide protection against the elements.
Horizontal Play/Horizontal Hub:
This is a term for a function that cuts across many industries, usually defines a facility or organization that is providing a common service.
Hoshin Planning:
Also “Hosin Kanri” Breakthrough planning. A Japanese strategic planning process using the Plan, Do, Check, Act cycle in which a company develops up to four vision statements that indicate where the company should be in the next five years. Company goals and work plans are developed based on the vision statements. Periodic audits are then conducted to monitor progress.
Hostler:
An individual employed to move trucks and trailers within a terminal or warehouse yard area.
Household Goods Warehouse:
A warehouse that is used to store household goods.
HR:
See: Human Resources
HTML:
See: HyperText Markup Language
HTTP:
See: HyperText Transport Protocol
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. 4) A Web "hub" is one of the initial names for what is now known as a "portal". It came from the creative idea of producing a website, which would contain many different "portal spots" (small boxes that looked like ads, with links to different yet related content). This content, combined with Internet technology, made this idea a milestone in the development and appearance of websites, primarily due to the ability to display a lot of useful content and store one's preferred information on a secured server. The web term "hub" was replaced with portal.
Hub Airport:
An airport that serves as the focal point for the origin and termination of long-distance flights; flights from outlying areas are fed into the hub airport for connecting flights.
Human Factor Design:
Incorporating scientific data on human physical capabilities into the design of equipment, products and systems.
Human-Machine Interface:
Any point where data is communicated from a worker to a computer or from a computer to a worker. Data entry programs, inquire programs, reports, documents, LED displays, and voice commands are all examples of human-machine interfaces.
Human Resources (HR):
The function broadly responsible for personnel policies and practices within an organization.
Hundredweight (cwt):
A pricing unit used in transportation (equal to 100 pounds).
Hurdle Rate:
The required rate of return in a discounted cash flow analysis, above which an investment makes sense and below which it does not.
Hybrid Inventory System:
An inventory system combining features multiple methodologies such as push and pull, fixed and variable / dynamic, etc. Also see: Fixed Reorder Cycle Inventory Model, Fixed Reorder Quantity Inventory Model, Optional Replenishment Model
Hyperinflation:
Inflation that is out of control to the point that prices rise rapidly as currency loses its value.
Hyperlink:
A computer term. Also referred to as “link”. The text you find on a website which can be "clicked on" with a mouse which, in turn, will take you to another web page or a different area of the same web page. Hyperlinks are created or "coded" in HTML
HyperText Markup Language (HTML):
The standard language for describing the contents and appearance of pages on the World Wide Web.
HyperText Transport Protocol (HTTP):
The Internet protocol that allows World Wide Web browsers to retrieve information from servers.