Difference between revisions of "Forwarders Cargo Receipt"

From Open Risk Manual
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== Definition ==
 
== Definition ==
'''Forwarder's Cargo Receipt'''. It is a document issued by a freight forwarder or freight consolidator showing that the products have been received from the vendor and are being held on behalf of the buyer. Goods are generally received in the vendor's country, and the forwarder/consolidator arranges shipment to the buyer based on the buyer's instructions.
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'''Forwarder's Cargo Receipt'''. It is a document issued by a freight forwarder or freight consolidator showing that the products have been received from the vendor and are being held on behalf of the buyer.  
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Goods are generally received in the vendor's country, and the forwarder/consolidator arranges shipment to the buyer based on the buyer's instructions.
  
 
[[Category:Supply Chain Finance]]
 
[[Category:Supply Chain Finance]]

Latest revision as of 14:07, 13 February 2020

Definition

Forwarder's Cargo Receipt. It is a document issued by a freight forwarder or freight consolidator showing that the products have been received from the vendor and are being held on behalf of the buyer.

Goods are generally received in the vendor's country, and the forwarder/consolidator arranges shipment to the buyer based on the buyer's instructions.

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