Question
With each of the terms listed below, please provide a detailed definition, as well as where applicable an example of when it may be of
With each of the terms listed below, please provide a detailed definition, as well as where applicable an example of when it may be of importance.
1. Backordering
2. Bill of lading
3. Blanket order
4. Bonded warehouse
5. Consignment warehouse
6. Cross-docking
7. Drop shipment
8.EDI (Electronic Data Interchange)
9. FIFO accounting
10. Groupage
11. H.S. Harmonized set of codes
12. Hitchment
13. IMDG (International maritime dangerous goods code)
14. J.I.T. (Just in time)
15. Knocked down (items)
16. Landed cost
17. LIFO (accounting)
18. PADAG (Please authorize delivery against guarantee)
19. Waybill
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