| Object |
|
A
tangible of abstract
thing of relevance
to business.
|
| |
| Object
Oriented Approach |
|
The
development of classes
of business objects
may support and
have an impact on
the developments
in the area of simplification
of EDI and its standards.
A business object
is a true representation
of a tangible concept
stemming from real
business usage.
|
| |
| Obsolete
Stock |
|
The
products or materials
that cannot be or
is unlikely to be
used in future processes
and which is to
be sold or disposed
of through the usual
outlets.
|
| |
| Offshore |
|
Contracting
work carried out
at sea (e.g. drilling
for oil).
|
| |
| Oil
Bulk Ore Vessel |
| Abbreviation:
OBO-Vessel |
|
A
vessel designed
for the carriage
of either dry or
liquid bulk cargo.
|
| |
| On-line
Charge |
|
The
charge which applies
to carriage over
the lines of a single
carrier.
|
| |
| On-line
Rate |
|
See
On-line
Charge
|
| |
| Oncarriage |
|
The
carriage of goods
(containers) by
any mode of transport
to the place of
delivery after discharge
from the ocean vessel
(main means of transport)
at the port (place)
of discharge.
|
| |
| One
Stop Shop |
|
An
organization, which
provides all needed
requirements in
one location.
|
| |
| One
Way Pallet |
|
Note:
The addition 'One
Way' has nothing
to do with the number
of pallet sides
in which the forks
of e.g. a fork lift
can enter, as opposed
to the two and four
way pallets.
|
|
See
Disposable
Pallet
|
| |
| Open
Order |
|
See
Backlog
|
| |
| Open
Sided Container |
|
|
| |
| Open
Top Container |
|
A
freight container
similar in all respects
to a general purpose
container except
that it has no rigid
roof but may have
a flexible and movable
or removable cover,
for example one
made of canvas or
plastic or reinforced
plastic material
normally supported
on movable or removable
roof bows.
|
| |
| Operating
Efficiency |
|
A
ratio of the actual
output of a piece
of equipment, department,
or plant as compared
to the planned or
standard output.
|
| |
| Operations
Research |
|
The
development and
application of quantitative
techniques to the
solution of problems.
More specifically,
theory and methodology
in mathematics,
statistics, and
computing are adapted
and applied to the
identification,
formulation, solution,
validation, implementation,
and control of decision
making problems.
|
| |
| Operator |
|
The
party responsible
for the day to day
operational management
of certain premises
such as ware-houses,
terminals and vessels.
|
| |
| Optimal
Trim |
|
The
best calculated
TRIM related to
speed engine capacity,
fuel consumption
for a specific sailing
condition.
|
| |
| Optimization |
|
Achieving
the best possible
solution to a problem
in terms of a specified
objective function.
|
| |
| Option |
|
One
of a limited range
of choices or features
that is offered
to a customer when
purchasing an otherwise
basic standard product
and that has to
be an integral part
of the product (used
in commercial trading).
|
| |
| Optional
Cargo |
|
Cargo
of which the final
destination is not
known at the moment
of booking but will
be indicated during
the transport.
|
| |
| Optional
Port |
|
A
port of which it
is not known whether
or not a vessel
during a voyage
will make a call.
|
| |
| Order |
|
A
request to deliver
specified quantities
of goods or to render
specific services.
|
| |
| Order
Line |
|
Each
line on a customer's
purchase order.
An order line always
contains one Stock
Keeping Unit (SKU)
only, but the number
may vary.
|
| |
| Organisation |
|
An
identifiable social
unit with a particular
responsibility which
endeavour to achieve
multiple goals by
co-ordinated activities
and relationships
between members
and objects.
|
| |
| Out
of Gauge Cargo |
|
Cargo
which dimensions
are exceeding the
normal dimensions
of a 20 or 40 feet
container, e.g.
overlength, overwidth,
overheight, or combinations
thereof.
|
| |
| back
to top |
| Outsider |
|
A
carrier, which operates
on a route served
by a liner conference
but which is not
a member of that
conference.
|
| |
| Outsourcing |
|
Subcontracting
of activities.
|
| |
| Outturn
Report |
|
Written
statement by a stevedoring
company in which
the condition of
cargo discharged
from a vessel is
noted along with
any discrepancies
in the quantity
compared with the
vessel's manifest.
|
| |
| Outward
Handling |
|
The
operations to be
performed on outgoing
goods from a production
unit, both administrative
and physical, starting
at the moment forwarding
orders can be executed
to the moment of
actual departure
of the goods.
|
| |
| Over
Pivot Rate |
|
The
rate per kilogram
to be charged for
the over pivot weight
(air cargo).
|
| |
| Over
Pivot Weight |
|
The
weight in excess
of the pivot weight
(air cargo).
|
| |
| Overcarrier |
|
A
carrier within a
consortium who carries
cargo beyond the
allotment distributed
to him.
|
| |
| Overheight
Cargo |
|
Cargo,
exceeding the standard
height.
|
| |
| Overlength
Cargo |
|
Cargo,
exceeding the standard
length.
|
| |
| Overpack |
|
A
unit used by a single
shipper to contain
one or more packages
and to form one
handling unit for
convenience of handling
and stowage. Dangerous
goods packages contained
in the overpack
must be properly
packed, marked,
labelled and in
proper condition
as required by the
Regulations regarding
dangerous goods
(air cargo).
|
| |
| Overtime |
|
Work
beyond normal established
working hours which
usually requires
a premium to be
paid to the employees
concerned.
|
| |
| Overwidth
Cargo |
|
Cargo,
exceeding the standard
width.
|
| |
| Owner |
|
The
legal owner of cargo,
equipment or means
of transport.
|
| |
| Owner's
Container Code |
| See
Container
Prefix |
| |
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