Glossary of Shipping Terms:
" P " (page-4)
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 (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 (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.
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