what is the significance of BILL OF LANDING PROGRAM in Order
Management?
Answers were Sorted based on User's Feedback
Answer / krishna reddy
A Bill of Lading is a legal Document between the shipper of a particular good and the carrier detailing the type, quantity and destination of the good being carried. The bill of lading also serves as a receipt of shipment when the good is delivered to the predetermined destination. This document must accompany the shipped goods, no matter the form of transportation, and must be signed by an authorized representative from the carrier, shipper and receiver.
For Example:
Suppose that a logistics company must transport gasoline from a plant in Texas to a gas station in Arizona via heavy truck. A plant representative and the driver would sign the bill of lading after the gas is loaded onto the truck. Once the gasoline is delivered to the gas station in Arizona, the truck driver must have the clerk at the station sign the document as well.
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Answer / krishna
In general,if you are doing Export,you need to have a Bill
of Lading document,which will tell you the
Supplier,Purchaser,Shiping country,Destination and other
details.
In Oracle OM also we are selling the products through SO.so
this program is running to get a BL document to have the
above detail in an Export business scenario.
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Bill of Lading serves as a legal document between the buyer
and the shipper. It carries the information about the
product being delivered, the price, the quantity. This
should be signed by the receiver indicating that the
requested qty is delivered to them by the shipper.
| Is This Answer Correct ? | 2 Yes | 1 No |
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