Shipping Terms
Commonly Used Terms
Click on the term below and get an explanationUnderstand what the shipping terms means
Assumed Receipt
Assumed Receipt is the principle of assuming that the contents of a shipment are the same as the ones presented on a delivery or a shipping note. In this case, the shipping and receiving personnel do not check the delivery quantity. This practice is used in conjunction with an EDI-delivered ASN and bar codes to eliminate invoices and facilitate rapid receiving.
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