24. September 2018

Glossary

In a “built-to-suit” arrangement, a property developer or owner custom-builds a structure according to the exact specifications and requirements of an incoming tenant.

24. September 2018

Glossary

The industrial production index is a statistics ratio that measures the performance of the manufacturing industry. It covers the value and quantity of industrial goods produced in businesses of 20 employees or more.

24. September 2018

Glossary

Service providers in “third party logistics” (3PL) are contracted to handle the haulage and storage of their clients’ cargo. Moreover, 3PL providers may offer value-added services, such as customs clearance or installation jobs.

24. September 2018

Glossary

A three-dimensional scanner captures the outlines of an object and thus provides the data necessary to create a three-dimensional replica of the object.

24. September 2018

Glossary

This is an in-situ process of joining raw materials like resin, gypsum or metal to form three-dimensional objects of various types. The objects are created by adding layers in a computer-controlled process. The process permits the just-in-time production directly on location.

24. September 2018

Glossary

Often abbreviated as “JIT,” the term describes the pinpoint supplying of capital goods for the purpose of sustaining a constant flow of material.

27. September 2016

Glossary

Buildings raised in accordance with particularly sustainable criteria in regard to social, environmental and economic aspects may qualify for a “green label” certification. A variety of such labels exists that are subject to different national standards and available in several grades. In Germany, the DGNB German Sustainable Building Council issues four different certificates: “DGNB Bronze,” “DGNB Silver,” “DGNB Gold” and, since 2015, “DGNB Platinum.” The UK-based certification body BREEAM uses seven different ratings, ranging from “non-classified” to “outstanding.” Within the framework of its GreenBuilding Programme, the European Commission issues its EU Green Building Standard. The LEED certificate issued by the US Green Building Council uses a rating system of four levels, from “Certified” to “Platinum.”

27. September 2016

Glossary

The protection classes defined by the German Association of German Property Insurers (VdS) govern the minimum requirements for intrusion and hold-up alarm systems. There are three VdS protection classes (A, B, C) and twelve security classes.

27. September 2016

Glossary

The deliverables of this type of service exceed those provided under an assumed basic service model. In the logistics business, such extra services could, for instance, take the form of quality controls, assemblage, repairs or sales returns over and above standard services like storage, transshipment and haulage.

27. September 2016

Glossary

The term social security-covered employment covers all workers and employees, including those in training (apprentices, et al.) that are obliged to pay into a health insurance, pension plan, long-term care insurance and/or are obliged to pay contributions to the Federal Labour Agency (unemployment insurance pursuant to the Employment Promotion Act, AFG), or for whom the respective employer has to pay into a statutory pension plan. This principally excludes therefore self-employed persons, relatives helping in the family business, and civil servants, as well as those employees who are exempt from the insurance obligation because of marginal employment. The aggregation is based on the place-of-work principle, meaning the employees are allocated to the town where their place of employment is located.