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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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