| P
& I Club |
| See
Protection and Indemnity Club |
|
| Package |
| Any
physical piece of cargo in relation to transport consisting of the
contents and its packing for the purpose of ease of handling by
manual or mechanical means.
The
final product of the packing operation consisting of the packing
and its contents to facilitate manual or mechanical handling.
|
|
| Packaging |
| Materials
used for the containment, protection, handling, delivery and presentation
of goods and the activities of placing and securing goods in those
materials. |
|
| Packing |
| Any
container or other covering in which goods are packed. |
|
| Packing
Instruction |
| Document
issued within an enterprise giving instructions on how goods are
to be packed. |
|
| Packing
List |
| Document
specifying the contents of each individual package. |
|
| Packing
Unit |
| A
type of package where a standard quantity of products of a specific
product type can be packed and that requires no additional packaging
for storage and shipment. |
|
| Pallet |
| A
platform on which goods can be stacked in order to facilitate the
movement by a fork lift or sling. |
|
| Pallet
Convertor |
| Superstructure
which can be applied to a pallet to convert it into either a box
or post pallet. |
|
| Pallet
Rack |
| A
skeleton framework, of fixed or adjustable design, to support a
number of individual pallet loads. |
|
| Pallet
Truck |
| Pedestrian-
or rider-controlled non-stacking lift truck fitted with forks. |
|
| Panamax
Size |
| The
maximum measurements and dimensions of a vessel capable to pass
the Panama Canal. |
|
| Parcel |
| See
Package |
|
| Participating
Carrier |
| A
carrier participating in a tariff and who therefore applies the
rates, charges, routing and regulations of the tariff.
A
carrier over whose air routes one or more sections of carriage
under the Air Waybill is undertaken or performed (air cargo).
|
|
| Particular
Average |
| A
fortuitous partial loss to the subject matter insured, proximately
caused by an insured peril but which is not a general average loss.
Particular average only relates to damage and/or expenses which
are exclusively borne by the owners of a vessel which has sustained
damage as a result of e.g. heavy weather or by the owners of the
cargo, which has been damaged in transit. |
|
| Partition |
| See
Divider |
|
| Partnership |
| An
ongoing relationship between two organisations which involves a
commitment over an extended time period and a mutual sharing of
the risks and rewards of the relationship. |
|
| Payee |
| A
party to whom a payment is made or owed. |
|
| Payer |
| A
party who pays or is to pay. |
|
| Payload |
| The
revenue-producing load carried by a means of transport. |
|
| Payment |
| That
which discharges a debt. |
|
| Payment
Against Documents |
| Instructions
given by a seller to a bank to the effect that the buyer may collect
the documents necessary to obtain delivery of the goods only upon
actual payment of the invoice. |
|
| Performance
Indicator |
| A
variable indicating the effectiveness and/or efficiency of a process. |
|
| Performance
Measurement |
| The
comparison of the results of business processes with each other
or with standards in order to know the effectiveness of these processes
and/or the supportive actions. |
|
| Permeability |
| Ratio
expressed as a percentage assumed for the volume of a compartment
which can be flooded by water after damage, to the total volume
of that compartment; respectively the actual calculated value of
that ratio. |
|
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| Phased
Delivery |
| The
delivery of parts of the shipment. |
|
| Physical
Distribution |
| Those
activities related to the flow of goods from the end of conversion
to the customer. |
|
| Physical
Distribution Management |
| The
planning execution and control of those activities which are related
to the flow of goods from the end of conversion to the customer. |
|
| Pick
Order |
| An
order to pick certain quantities of goods out of a stock. |
|
| Pick
Up Service |
| The
carriage of outbound consignments from the point of pick up to the
airport of departure (air cargo). |
|
| Pick
Up and Delivery |
| A
service concerning the collection of cargo from the premises of
the consignor and the delivery to the premises of the consignee. |
|
| Pick
and Pack |
| Taking
goods out of a stock and packing them according to customer conditions. |
|
| Picking |
| Taking
products or components out of a stock. |
|
| Picking
List |
| A
list used to collect items from stores needed to fulfil an order. |
|
| Pier |
| See
Quay |
|
| Piggyback |
| The
carriage of road vehicles and trailers on railway wagons. |
|
| Pilferage |
| Petty
stealing of goods from a ship's hold, cargo shed or warehouse. |
|
| Pilot |
| Local
expert advising a vessel's captain on safe navigation in those areas
where the captain is ignorant of local circumstances or where it
is obligatory to take a pilot.
A
person qualified to operate the controls of an aircraft.
|
|
| Pilot
In Command |
| The
pilot responsible for the operation and safety of the aircraft during
flight time. |
|
| Pipeline |
| A
line of pipes for conveying liquids and gasses.
The
physical goods flow from a supplying organisation to a receiving
organisation.
|
|
| Pipeline
Inventory |
| The
amount of goods in a pipeline: the sum of loading stock, goods in
transit and receiving stock. |
|
| Pivot
Weight |
| Minimum
chargeable weight of a Unit Load Device. |
|
| Place
of Acceptance |
| See
Place of Receipt |
|
| Place
of Delivery |
| The
location where a consignment (shipment) is delivered to the consignee
viz. the place where the carrier's liability ends for the transport
venture. |
|
| Place
of Despatch |
| Name
and address specifying where goods are collected or taken over by
the carrier (i.e. if other than consignor). |
|
| Place
of Receipt |
| The
location where a consignment (shipment) is received by the carrier
from the shipper viz. the place where the carrier's liability for
transport venture commences. |
|
| Placement |
| The
activity of positioning an object or goods in a chosen location
or position. |
|
| Planning |
| The
setting of goals over a certain time and the determination of how
to achieve these goals and with what resource. |
|
| Planning
Horizon |
| The
period of time to which a certain particular plan relates. |
|
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| Platform |
| The
area on an airport where aircrafts are parked for embarkation and/or
loading and discharging purposes (air cargo). |
|
| Platform
Body |
| A
truck or trailer without ends, sides or top but with only a floor. |
|
| Plimsoll
Mark |
| A
mark, welded on both sides of the vessel, which gives the limit
to which a vessel may be loaded, depending on the specific gravity
of the water in which the vessel is situated. |
|
| Point
Value |
| The
point value can be seen as the relative value of an empty container
of a certain size type in a depot location. The system serves to
quantify the imbalance costs resulting from a full container move
and are the result of empty optimisation calculations.
Point
values are created on forecasted container flows between depot
locations.
They
are calculated taking into account a.o. the forecasted imbalances
plus repositioning, storage and container costs for empty moves
and expressed in USD.
Note:
In the various computer systems point values are used to calculate
the imbalance charge or credit for a particular container flow.
This charge or credit is the difference in point values between
start and end depot location.
|
|
| Point
to Point Transport |
| See
House to House Transport |
|
| Pontoon |
| A
floating flat structure used for work alongside the ship, to facilitate
embarkation or disembarkation of persons, or to move cargo alongside. |
|
| Pool |
| The
shared use of e.g. equipment by a number of companies, which make
together the investments in the equipment mentioned. |
|
| Poop |
| Aft
part of a vessel where the steering engine is located. |
|
| Port |
| Harbour
having facilities for vessels to moor and load or discharge.
Left
side of a vessel when facing towards the front or forward end.
|
|
| Port
of Call |
| Place
where a vessel actually drops anchor or moors during a certain voyage. |
|
| Port
of Discharge |
| The
port where the cargo is actually discharged (unloaded) from the
sea (ocean) going vessel. |
|
| Port
of Loading |
| The
port where the cargo is actually loaded on board the sea (ocean)
going vessel. |
|
| Portal
Crane |
| A
type of gantry crane with vertical legs of sufficient height and
width to permit vehicles or railroad equipment to pass between the
legs. |
|
| Portlog |
| A
statement concerning a vessel containing the actual arrival and
departure time used tugs, draft, dead-weight, quantity of discharged
and loaded goods/containers and any other important particulars. |
|
| Positioning |
| The
transport of empty equipment from a depot to shipper's premises
or from consignee's premises back to a depot as the empty leg of
a carrier haulage transport. |
|
| Postal
Code |
| A
national code maintained by the Postal Authorities designed to indicate
areas and accumulated addresses to facilitate sorting and the delivery
of mail and other goods.
Note:
The coding system is different in the various countries throughout
the world. In the Netherlands the code consists of 4 figures and
2 characters.
|
|
| Practice |
| That
what has become customary as a result of repeated acts. |
|
| Pre-slinging |
| The
act of placing goods in slings which are left in position and used
for loading into and discharging from a conventional vessel. |
|
| Pre-trip
Inspection |
| Abbreviation:
PTI |
| A
technical inspection of Reefer containers prior to positioning for
stuffing. |
|
| Precarriage |
| The
carriage of goods (containers) by any mode of transport from the
place of receipt to the port (place) of loading into the ocean vessel
(main means of transport). |
|
| Precarrier |
| The
carrier by which the goods are moved prior to the main transport. |
|
| Preshipment
Inspection |
| Abbreviation:
PSI |
| The
checking of goods before shipment for the purpose of determining
the quantity and/or quality of said goods by an independent surveyor
(inspection company) for phytosanitary, sanitary and veterinary
controls.
Presently
there is a tendency by developing countries to use the inspection
also for the purpose of determining whether the price charged
for certain goods is correct.
|
|
| Principal |
| Person
for whom another acts as agent. |
|
| Principal
Carrier |
| See
Responsible Carrier |
|
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| Principal
Corporate Body |
| The
company that owns the various subsidiary companies or branches acting
as customers on their own and is registered as the corporate customer
for statistical purposes. |
|
| Priority
Order |
| An
order which is identified as taking precedence over other orders
to ensure its completion in the minimum time. |
|
| Private
Warehouse |
| A
warehouse operated by the owner of the goods stored there. |
|
| Pro
Forma Invoice |
| Draft
invoice sent to an importer by the exporter prior to order confirmation
and shipment to assist in matters relating to obtaining import licences
or foreign exchange allocations, or simply to advise the value of
a consignment so that letters of credit can be opened. |
|
| Procedure |
| Steps
to be followed in order to comply with a formality, including the
timing, format and transmission method for the submission of required
information. |
|
| Process
Mapping |
| A
diagrammatically break down of a supply chain. |
|
| Procurement |
| The
activities which ensure the availability of the material and or
services in the desired quantity, quality, place and time from the
supplier. |
|
| Procurement
Logistics |
| Control
of the flow of materials up to the manufacturing process. |
|
| Product |
| A
result, end items or output from a certain process. |
|
| Product
Chain |
| All
phases in the transformation- or production process of one product. |
|
| Product
Life Cycle |
| The
period of time between the introduction date and end date of a product
in the market.
Note:
Phases are introduction, growth, maturity, saturation, decline
& end.
|
|
| Production |
| The
conversion of materials and or assembly of components to manufacture
goods, products or services.
The
total quantity of goods manufactured or to be manufactured in
a particular period of time expressed in quantitative or financial
terms. (The term manufacturing is often used specifically
for physical operations resulting in a product).
|
|
| Productivity |
| Relative
measure of output of labour hour or machine hour. |
|
| Profit
Centre |
| An
organisational unit which will be held responsible for its own profits
and losses. |
|
| Project
Cargo |
| Quantity
of goods connected to the same project and often carried on different
moments and from various places. |
|
| Project
Management |
| Managing
a transport project, which involves the design and implementation
of logistics solutions including resource planning, costing and
profits. |
|
| Proof
of Delivery |
| The
receipt signed by the consignee upon delivery. |
|
| Proper
Shipping Name |
| A
name to be used to describe particular goods on all P&O Nedlloyd
documents and notifications and, if appropriate, on the goods. basis
(air cargo). |
|
| Protection
and Indemnity Club |
| Abbreviation:
P & I club |
| A
mutual association of shipowners who provide protection against
liabilities by means of contributions. |
|
| Protocol |
| A
statement drawn up to attest certain events. |
|
| Public
Authorities |
| The
agencies or officials in a state responsible for the application
and enforcement of the laws and regulations of that state. Source:
IMO. |
|
| Public
Warehouse |
| A
warehouse which is available to all companies and persons who wish
to make use of the services offered. |
|
| Published
Charge |
| A
charge, the amount of which is specifically set forth in the carrier's
rates tariff. |
|
| Published
Rate |
| See
Published Charge |
|
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| Pull
Distribution System |
| A
system to provide warehouses with new stock on request of the warehouse
management. |
|
| Purchase
Order |
| A
definite order for one or more deliveries by the supplier to the
customer of a specific quantity of goods, materials, services or
products under agreed terms of delivery and prices. |
|
| Purchase
Order Management |
| Supply
chain management to purchase order article level. |
|
| Push
Distribution System |
| A
system to provide warehouses with new stock upon decision of the
supplier of the goods. |