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Object |
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A
tangible of abstract thing of relevance to business. |
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Object Oriented Approach |
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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. |
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Obsolete Stock |
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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. |
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Offshore |
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Contracting work carried out at sea (e.g. drilling for oil). |
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Oil Bulk Ore Vessel |
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Abbreviation: OBO-Vessel |
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A
vessel designed for the carriage of either dry or liquid bulk
cargo. |
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On-line Charge |
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The charge which applies to carriage over the lines of a
single carrier. |
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On-line Rate |
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See
On-line Charge |
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Oncarriage |
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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. |
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One Stop Shop |
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An
organisation, which provides all needed requirements in one
location. |
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One Way Pallet |
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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. |
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See
Disposable Pallet |
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Open Order |
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See
Backlog |
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Open Sided Container |
|
P&O Nedlloyd container with frames with wire-mesh at the sides
covered by means of a tarpaulin, which can be dropped down to,
give unrestricted access to the sides of the container for
loading or discharging. |
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Open Top Container |
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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. |
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Operating Efficiency |
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A
ratio of the actual output of a piece of equipment,
department, or plant as compared to the planned or standard
output. |
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Operations Research |
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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. |
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Operator |
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The party responsible for the day to day operational
management of certain premises such as ware-houses, terminals
and vessels. |
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Optimal Trim |
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The best calculated TRIM related to speed engine capacity,
fuel consumption for a specific sailing condition. |
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Optimization |
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Achieving the best possible solution to a problem in terms of
a specified objective function. |
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Option |
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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). |
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Optional Cargo |
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Cargo of which the final destination is not known at the
moment of booking but will be indicated during the transport. |
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Optional Port |
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A
port of which it is not known whether or not a vessel during a
voyage will make a call. |
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Order |
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A
request to deliver specified quantities of goods or to render
specific services. |
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Order Line |
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Each line on a customer's purchase order. An order line always
contains one Stock Keeping Unit (SKU) only, but the number may
vary. |
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Organisation |
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An
identifiable social unit with a particular responsibility
which endeavour to achieve multiple goals by co-ordinated
activities and relationships between members and objects. |
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Out of Gauge Cargo |
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Cargo which dimensions are exceeding the normal dimensions of
a 20 or 40 feet container, e.g. overlength, overwidth,
overheight, or combinations thereof. |
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Outsider |
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A
carrier, which operates on a route served by a liner
conference but which is not a member of that conference. |
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Outsourcing |
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Subcontracting of activities. |
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Outturn Report |
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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. |
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Outward Handling |
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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. |
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Over Pivot Rate |
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The rate per kilogram to be charged for the over pivot weight
(air cargo). |
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Over Pivot Weight |
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The weight in excess of the pivot weight (air cargo). |
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Overcarrier |
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A
carrier within a consortium who carries cargo beyond the
allotment distributed to him. |
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Overheight Cargo |
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Cargo, exceeding the standard height. |
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Overlength Cargo |
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Cargo, exceeding the standard length. |
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Overpack |
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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). |
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Overtime |
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Work beyond normal established working hours which usually
requires a premium to be paid to the employees concerned. |
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Overwidth Cargo |
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Cargo, exceeding the standard width. |
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Owner |
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The legal owner of cargo, equipment or means of transport. |
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Owner's Container Code |
|
See
Container Prefix |
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