Red Seal Parts Technician flashcards

32 cards. Read the term and the definition here. The deck at the top of this page is optional.

Hierarchy of hazard controls

Ranking of control measures from most to least effective: elimination, substitution, engineering controls, administrative controls and finally personal protective equipment.

SDS Section 8

The section of a safety data sheet covering exposure controls and personal protection, listing occupational exposure limits and the PPE required when handling the chemical.

WHMIS 2015 supplier label

Workplace label that must display the product identifier, hazard pictograms, signal word, hazard statements, precautionary statements and the supplier's identity.

Class B fire

A fire involving flammable or combustible liquids and gases. It is extinguished by smothering with foam, carbon dioxide or dry chemical, never with a water stream.

Lockout/tagout verification

After isolating and locking all energy sources, the worker confirms zero energy state by testing controls or metering before starting maintenance work.

VIN position 10

The model year code in a 17-character VIN: A is 2010 through K for 2019, then L 2020, M 2021, N 2022, P 2023, R 2024, S 2025.

Superseded part number

The replacement number an OEM assigns when a part is revised or discontinued. Stock and sell the latest number while keeping the old one cross-referenced.

Left-hand side

The side of the vehicle on the driver's left when seated facing forward. On a left-hand-drive vehicle this is the driver's side.

M10 x 1.5

Metric fastener callout meaning a 10 mm nominal thread diameter with 1.5 mm pitch, the distance between adjacent thread crests.

Core charge

A refundable deposit added to the price of a remanufactured part and credited back when the rebuildable old unit is returned in acceptable condition.

Reorder point formula

Average daily usage multiplied by lead time in days, plus safety stock. It is the stock level that triggers a replenishment order.

Safety stock formula

Maximum daily usage times maximum lead time, minus average daily usage times average lead time. The result buffers demand and supply variability.

Inventory turnover ratio

Cost of goods sold divided by average inventory value. A higher ratio indicates faster-moving stock and less capital tied up in inventory.

Shrinkage percentage

Book inventory value minus counted value, divided by book value, times one hundred. It captures loss from theft, damage, mis-picks and record error.

ABC classification

Ranking stock by annual dollar usage. A items are few but hold most of the value and are counted most often; B is moderate; C is counted least.

Cycle count

Counting a rotating subset of locations on a scheduled basis rather than shutting operations down for a full physical inventory count.

FOB destination

Shipping term where the seller pays the freight and keeps ownership and risk until the goods arrive at the buyer's location.

Three-way match

Control comparing the purchase order, the receiving report and the supplier invoice for agreement on quantity and price before the invoice is paid.

2/10 net 30

Payment terms offering a two percent discount if the invoice is settled within ten days, otherwise the full amount is due in thirty days.

RMA number

Return merchandise authorization number issued by the supplier. Goods shipped back without one may be refused or may not be credited.

Landed cost

The full cost of purchased goods including invoice price, inbound freight, duty, brokerage and handling. Selling prices should be based on it.

Bill of lading

The carrier's contract and receipt listing the goods shipped. Signing it without noting shortage or damage can weaken a later claim.

Concealed damage claim

Damage discovered after delivery was signed for. It must be reported to the carrier promptly, with packaging retained, within the carrier's stated time limit.

FIFO rotation

Stock handling rule where the oldest received or earliest date-coded stock is picked and sold first, protecting shelf life and limiting obsolescence.

Forklift load centre

The horizontal distance from the fork face to the centre of gravity of the load. As this distance grows, the truck's safe rated capacity drops.

Put-away

Moving received goods from the dock to their assigned storage location and recording that bin location in the inventory system for later picking.

Dangerous goods shipping document

Paperwork required for hazardous shipments, showing the proper shipping name, UN number, hazard class, packing group and a 24-hour emergency contact.

Gross margin percentage

Selling price minus cost, divided by selling price, times one hundred. It shows the share of each sales dollar kept after the part cost.

Markup percentage

Selling price minus cost, divided by cost, times one hundred. Because the base is cost rather than price, it is always larger than margin percentage.

Quotation validity period

The date range during which a quoted price is honoured. After it expires, price, availability and lead time must be reconfirmed with the customer.

Planogram

A diagram mapping where each product sits on a fixture. It keeps displays consistent and places high-margin items at eye level.

Core return credit

The credit issued when a rebuildable old unit is returned. It offsets the core charge billed on the original sale of a remanufactured part.