Shipment and Consignment SHIPMENT The arrangements necessary for

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Shipment and Consignment • SHIPMENT • The arrangements necessary for an identifiable collection of

Shipment and Consignment • SHIPMENT • The arrangements necessary for an identifiable collection of one or more goods items to be transported between the original consignor and the ultimate consignee. • A shipment can be transported in different consignments (eg split for logistical purposes). • what is required - “logical” or contractual view • CONSIGNMENT • The transportation of an individually identifiable collection of goods items from one consignor to one consignee via one or more modes of transport. • A consignment may comprise of more than one shipment (eg when consolidated by a freight forwarder). • what moves - “physical” or logistical view. (c) Port Community Systems 2007 1

Simple Fulfilment One Shipment – One Consignment SHIPMENT Supplier CONSIGNMENT (Consignor) Buyer (Consignee) (c)

Simple Fulfilment One Shipment – One Consignment SHIPMENT Supplier CONSIGNMENT (Consignor) Buyer (Consignee) (c) Port Community Systems 2007 2

Split Fulfilment One Shipment – Many Consignments SHIPMENT Supplier (Consignor) CONSIGNMENT Buyer (Consignee) CONSIGNMENT

Split Fulfilment One Shipment – Many Consignments SHIPMENT Supplier (Consignor) CONSIGNMENT Buyer (Consignee) CONSIGNMENT (c) Port Community Systems 2007 3

Intermediary Fulfilment One Shipment – Many Consignments SHIPMENT Buyer (Consignee) Supplier (Consignor) CONSIGNMENT Forwarder

Intermediary Fulfilment One Shipment – Many Consignments SHIPMENT Buyer (Consignee) Supplier (Consignor) CONSIGNMENT Forwarder CONSIGNMENT (Consignee) (Consignor) (c) Port Community Systems 2007 4

Consolidated Fulfilment Many Shipments – Many Consignments SHIPMENT Supplier A Buyer A CONSIGNMENT Forwarder

Consolidated Fulfilment Many Shipments – Many Consignments SHIPMENT Supplier A Buyer A CONSIGNMENT Forwarder B Forwarder A CONSIGNMENT SHIPMENT Buyer B Supplier B (c) Port Community Systems 2007 5

Consignment Consignment Introduction Consignment means dispatch of goodsConsignment Consignment Introduction Consignment means dispatch of goods
Shipment Procedure Shipment Shipment the act of sendingShipment Procedure Shipment Shipment the act of sending
FINANCIAL ACCOUNTING CHAPTER 1 CONSIGNMENT ACCOUNTS Consignment meansFINANCIAL ACCOUNTING CHAPTER 1 CONSIGNMENT ACCOUNTS Consignment means
PENJUALAN KONSINYASI CONSIGNMENT SALES Penjualan Konsinyasi Consignment SalesPENJUALAN KONSINYASI CONSIGNMENT SALES Penjualan Konsinyasi Consignment Sales