by Ekrem Duman | Jul 25, 2026 | Contract Negotiation, Procurement, Supply Chain, Vendor Management
⚡ TL;DRThe SSDER glossary gives CLEARANCE two procurement-relevant meanings: customs clearance and loading a vehicle so it can pass physical limits such as bridges or tunnels. Treat them as separate gates. A shipment can be customs-ready but physically unable to pass,...
by Ekrem Duman | Jul 25, 2026 | Cost Reduction, Procurement, Sourcing, Supply Chain
⚡ TL;DRA COMMODITY RATE is a transport charge published or negotiated for a defined commodity or cargo class. It is narrower than a blanket rate and depends on the cargo description, packaging, density, handling, lane, equipment, volume and validity. Procurement...
by Ekrem Duman | Jul 25, 2026 | Cost Reduction, Procurement, Supply Chain, Vendor Management
⚡ TL;DRA COMMERCIAL INVOICE is the supplier’s commercial record of the transaction and a key source for customs, payment and landed-cost evidence. Procurement should define required fields, line-level identifiers, currency, Incoterm, origin, value, freight,...
by Ekrem Duman | Jul 25, 2026 | Cost Reduction, Procurement, Supply Chain, Vendor Management
⚡ TL;DRSSDER uses BLS for bales. A bale is a compressed, bound handling unit, not merely a count abbreviation. Procurement should specify material, compression, dimensions, gross and net weight, binding, moisture, marks, stackability, handling, inspection and the...
by Ekrem Duman | Jul 25, 2026 | Contract Negotiation, Procurement, Supply Chain, Vendor Management
⚡ TL;DRAn ADVISING BANK communicates a letter of credit from the issuing bank to the beneficiary and may authenticate the message, but it does not automatically assume the issuing bank’s payment obligation. Procurement must align the LC with the purchase order,...
by Ekrem Duman | Jul 25, 2026 | Contract Negotiation, Cost Reduction, Procurement, Supply Chain
⚡ TL;DRSSDER lists AAR as Against All Risks in insurance language, while A.A.R. elsewhere means the Association of American Railroads. Against All Risks is not literally cover for every loss. Procurement must define insured interest, perils, exclusions, deductibles,...
