Distribution, Transportation, and Storage Flashcards

1
Q

Bill of Lading

A

A document of title of goods, transferable by endorsement, and is a receipt from shipping company regarding the number of packages with a particular weight and markings and a contract for the transportation of same to a port of destination mentioned therein

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2
Q

Bonded Warehouse

A

A secured facility where product goes after entering the country until it is released from the customs process

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3
Q

Bulk Tank Somatic Cell Counts (BTSCCs)

A

An analysis of white blood cells and other cells in raw milk. This test is used to determine milk quality and the health of the animals that produced the milk

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4
Q

Cold Chain

A

An uninterrupted series of temperature-controlled storage and distribution points

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5
Q

Common Carriers

A

People or companies that transport goods for another party

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6
Q

Consolidator

A

A person or company that will put orders together and transport products to an exporter

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7
Q

Container

A

Standardized reusable steel box used for transfer of goods among various forms of transportation (ship, rail, truck)

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8
Q

Cost

A

Total amount of money it takes to get product to a seller

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9
Q

Customs Broker

A

Company that gets product through customs barriers by performing administrative tasks such as paper work and tax payment

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10
Q

Do No Harm

A

Best practices that ensure the integrity of the product during transport

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11
Q

Exporter

A

A company that ships product to another country

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12
Q

Farmstead

A

Small production cheese produced using traditional methods using milk of animals raised on the cheesemaking premises

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13
Q

Freight Company

A

A company that moves cargo from one place to another by air, road, sea, or rail

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14
Q

Freight on Board or Free on Board (FOB)

A

A document that specifies which party (buyer or seller) pays for which shipment and loading costs, and/or where responsibility for the goods is transferred

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15
Q

Import Licenses

A

Document issued by a national government authorizing the importation of certain goods into its territory. Considered to be non-tariff barriers to trade when used as a way to discriminate against another country’s goods in order to protect a domestic industry from foreign competition

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16
Q

Importer Margin

A

The amount of your price that is profit –amount of money you’ll actually make off a product expressed in dollars or percent

17
Q

Markup

A

a percent increase in price relative to cost

18
Q

Mastitis

A

Milk stasis, non-infections, or infections inflammation and abscess.

19
Q

Port strikes

A

Work stoppage at a port of entry that delays the transfer of product

20
Q

Price

A

Amount paid retail for the product by the customer

21
Q

Temperature recorder

A

Thermometer that travels with the cheese to track cold chain by recording temperature during transit

22
Q

Relative pricing

A

Price of a commodity, such as a good or service in terms of another; ratio of two prices