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The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. [1] Incoterms define the responsibilities of exporters and importers in the arrangement of shipments and the transfer of liability involved at various ...
Incoterms 2010, the 8th revision, refers to the newest collection of essential international commercial and trade terms with 11 rules. Incoterm 2010 was effective on and from January 1, 2011. The terms were devised in recognition of non-uniform standard trade usages between various States.
The Standard Marine Communication Phrases (SMCP) is a set of key phrases in the English language (which is the internationally recognised language of the sea), supported by the international community for use at sea and developed by the International Maritime Organization (IMO).
Transloading concerns the mechanics of transport, while transshipment is essentially a legal term addressing how the shipment originates and is destined. [1] Consider a load of grain that is transloaded at an elevator, where it is combined with grain from other farms and thus leaves on the train as a distinct shipment from that in which it ...
A proof of delivery (POD) is a document that substantiates that goods have been delivered to their intended recipient. [1] For example, a POD can establish that carrier has satisfied its terms of a contract of carriage for cargo by confirmation of delivery to the recipient or consignee.
EtherNet/IP is one of the leading industrial protocols in the United States and is widely used in a range of industries including factory, hybrid and process. The EtherNet/IP and CIP technologies are managed by ODVA, Inc., a global trade and standards development organization founded in 1995 with over 300 corporate members.
The term "continual improvement", not "continuous improvement", is used in ISO 14000, and is understood to refer to an ongoing series of small or large-scale improvements which are each done discretely, i.e. in a step-wise fashion. Several differences exist between the CIP concept as it is applied in quality management and environmental management.
The principles of shelf-ready packaging are almost universal. Not all retailers have identical requirements. For example, Costcos "Structural Packaging Specifications", [11] Target's "Shelf Ready and Transit Packaging Standards, Hardgoods", [12] and Walmart's "RRP and PDQ Display Standard Style Guide" [13] are similar but not identical.