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The Packing List

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The Packing List is a document prepared by the shipper listing all kinds and quantities of merchandise in a particular shipment. A copy of packing list is often attached to the shipment itself and another copy send directly to the consignee to assist in checking the shipment upon received. In other words, the packing list is also called a bill of parcels. The packing list includes the following elements: Name and address of the seller/shipper/consignor, Name and address of the buyer/consignee, Issuance date, Invoice number, Sales order or contract number, Quantity and description of the goods, Shipping details including weight of the goods, number of packages, shipping marks and shipping numbers, Quantity and description of contents of each package, cartons, crate or container, Any other information as required in the sales contract or documentary credit e.g. country of origin. The packing list is a more detailed version of the commercial invoice but without the price...

Regional Trade Pact Import/Export Declaration

The Regional Trade Pact Import/Export Declaration is a standardised import/export document used in common by members of a regional trade group containing compliance, administrative and statistical information. This document is typically issued by the exporter or seller (shipper). The typical trade pact import/export declaration contains the following elements: Name and address of the exporter/seller/consignor/shipper, Name and address of the importer/buyer/consignee, Description and value of the goods, A statement of origin of the goods, Country of destination of the goods, Carrier and means of transport, Other compliance, administrative and statistical information. This document is used as an export declaration when exporting from any trade pact member country to a non-member country and as both an import and export declaration when transporting goods across country borders within the trade group. Because of its standardised format, this document is often linked to a...

Characteristics of Supply Chain Management

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The definition of supply chain management (SCM) presented previously suggested a number of key factors and related characteristics that are the key to successful implementation.. Those key factors are inventory, cost, information, customer service and collaborative relationships. Each of these deserves some special consideration. Inventory Managing the flow and level of inventory is a central focus of SCM and a major performance metrric to gauge success. In simplistic terms, the inventory level must be sufficient to provide acceptable customer service but low enough to minimize SCM costs. To maintain the balance between supply of and demand for inventory stock, the supply chain requires integrated management to avoid duplication among members of the supply chain. Inventory visibility as it move through the supply chain is necessary to reduce or eliminate uncertainty, which eliminates safety stocks. This includes visibility of invotry being held in warehouses and other storage ...