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Pre-shipment inspection. Pre-shipment inspection (also preshipment inspection or PSI) is a part of supply chain management and an important quality control method for checking the quality of goods clients buy from suppliers. PSI helps ensure that production complies with the governing specification, contract, or purchase order.
The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining. To reduce the number of disputes and smoothen the sale and purchase procedure ...
v. t. e. A proof of delivery ( POD) is a document that substantiates that a carrier has satisfied its terms of a contract of carriage for cargo by confirmation of the recipient or consignee. [1] When the sender sends multiple documents through the mail, there is a possibility of some not reaching the intended recipient.
A series of three-letter trade terms related to common contractual sales practices, the Incoterms rules are intended primarily to clearly communicate the tasks, costs, and risks associated with the global or international transportation and delivery of goods.
e. A delivery order (abbreviated D/O[ 1]) is a document from a consignee, or an owner or his agent of freight carrier which orders the release of the transportation of cargo to another party. [ 2] Usually the written order permits the direct delivery of goods to a warehouseman, carrier or other person who in the course of their ordinary ...
A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. Letters of credit are used extensively in the financing of international trade, when the ...
Medium Standard Truck. Platform truck. Flatbed truck (may also be light-duty trucks) Stake bed truck (may also be light-duty trucks) Firetruck (may also be a heavy truck) Recreational Vehicle or Motorhome. The following are not types of trucks but types of use of the trucks listed above: Delivery truck, Multi-Stop truck, Bottler.
Purchase order request. A purchase order request or purchase requisition is a request sent internally within a company to obtain purchased goods and services, including stock. The request is a document which tells the purchasing department or manager exactly what items and services are requested, the quantity, source and associated costs.
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