Safety stock
Reserve stock, below which the level of stocks for this product should not
fall.
Salvage material
Unused material that has a market value and can be sold.
Scrap material
Defective material that has no market value and cannot be sold.
Screening charge
Surcharge related to airport terminal screening.
Sea Waybill
Transport document used in shipping. The cargo is issued to a specific
consignee specified in the sea waybill if he can document his identity, and at the same time, he doesn’t need
to present his original copy of this waybill.
Security Filing
The importer or their agent is required to electronically submit information
relating to the shipment. This term is used in the USA.
Separable cost
A cost that a company can directly assign to a particular segment of the
business.
Service
The defined, regular pattern of calls made by a carrier in the pick-up and
discharge of cargo.
Service Contract
A contract to optimize the flow of services provided by enterprises to
consumers, rendered to each other by partners in the supply chain, as well as intra-company flows.
Ship agent
An authorized person (individual or firm) performing certain actions on behalf
of another person (principal) on his behalf and in his interests.
Shipbroker
An intermediary that facilitates the execution of retail transactions between
interested parties (customers) on their behalf and at their expense.
Shipment
A load of goods sent by sea, road, train, or air.
Shipment Point
A specific location from where goods will depart for movement.
Shipper's agent
A firm that primarily matches up small shipments, especially single-traffic
piggyback loads, to permit shippers to use twin-trailer piggyback rates.
Shipper’s Letter Of Instruction (SLI)
A note from the exporter to the freight forwarder with instructions on how a
shipment is being sent and where it is going.
Shipping Quote
A document that breaks down the individual legs of a shipment and the
surcharges each will incur, as per your freight quote.
Shipping Types
Different levels of service that you will use to fulfill your orders.
Special Customs Invoice
In addition to a customs invoice, some countries require a special customs
invoice designed to facilitate the clearance of goods and the assessment of customs duties in that country.
Spot Voyage
A charter for a specific vessel to move a single cargo between indicated
loading port(s) and discharge port(s) in the near future.
Stevedore
Specialized organizations and firms engaged in loading and unloading ships.
Storage
Cost of storing cargo in an off-site warehouse.
Stowage
The placing of goods in the cargo areas of ships with the aim of leveling it
or stuffing under-deck voids. It is usually used when loading bulk and break bulk cargo.
Stripping
Surcharge associated for breaking down a container.
Surcharge
An add-on charge to the applicable charges; motor carriers have a fuel
surcharge, and railroads can apply a surcharge to any joint rate that does not yield 110 percent of variable
cost.