Home > Terms > English, UK (UE) > Intransit

Intransit

Goods that have been shipped by an originating source but not yet received. Treated as an expected receipt by planning systems, and classified as belonging to either the shipping or receiving entity based on the contracted freight terms for purposes of claims and inventory status.

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Software
  • Category: Supply chain
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Banking Category: Investment banking

Ina Drew

Former chief investment officer of JPMorgan Chase & Co. who retired on May 14 2012 after the division she oversaw at the bank lost an estimated US ...

Contributor

Featured blossaries

Languages spoken in Zimbabwe

Category: Arts   1 4 Terms

Venezuelan Dishes

Category: Food   2 3 Terms