by Ekrem Duman | Jul 23, 2026 | Contract Negotiation, Procurement, Supply Chain
⚡ TL;DRA CHARTER PARTY is the contract for hiring a vessel or its carrying capacity. Procurement should define the charter type, cargo and route, vessel and class requirements, laycan, loading and discharge terms, freight or hire, demurrage, off-hire, performance...
by Ekrem Duman | Jul 23, 2026 | Procurement, Sourcing, Supply Chain
⚡ TL;DRA CERTIFICATE OF ORIGIN identifies the country where goods are considered to originate under the applicable origin rules. Procurement should distinguish non-preferential from preferential origin, collect supplier evidence, reconcile the certificate to the...
by Ekrem Duman | Jul 23, 2026 | Procurement, Supply Chain, Vendor Management
⚡ TL;DRCENTER OF GRAVITY is the point at which a cargo unit’s weight can be considered concentrated. Procurement should control the location and height of that point, verify actual mass, test axle and equipment limits, and require a documented stowage and...
by Ekrem Duman | Jul 23, 2026 | Cost Reduction, Procurement, Supply Chain
⚡ TL;DRCBM means cubic metre, a volume measure used to plan space, consolidate cargo and price freight. Procurement should define the outer shipping dimensions, unit conversion, rounding, stackability, packaging revision, dimensional divisor and evidence so a CBM...
by Ekrem Duman | Jul 23, 2026 | Cost Reduction, Procurement, Supply Chain
⚡ TL;DRCARTAGE is local inland movement, often between a port, terminal, warehouse, plant or city location. Procurement should define the pickup and delivery boundary, equipment, appointment, free time, waiting, chassis, proof of delivery, accessorials and handoff...
by Ekrem Duman | Jul 23, 2026 | Procurement, Sourcing, Supply Chain
⚡ TL;DRA CARNET is a customs document used to move eligible goods temporarily across borders, commonly without ordinary import duties and taxes when the conditions are met. Procurement must control the item schedule, customs endorsements, custody, re-export deadline,...
