Overseas Trade workflow

 

  Overseas Trade (OT) workflow
1. Purchase Order Entry Place purchase order (PO) with overseas broker or vendor.
2. PO Acknowledgment from vendor PO Acknowledgment received from broker or vendor.
3. OT Transaction Entry Create tracking document and assign POs for each container on ship.
4. OT Vessel Entry Create vessel document for ship and assign tracking documents for each container.
5. OT Vessel Entry

OT Transaction Entry Estimated | Revised | Actual

Maintain dates as shipment progresses, based on information from broker or vendor. Pay special attention to Arrival and Demurrage dates to avoid excessive charges.
6. OT Transaction Entry Specify additional addons for all port, container, tariff, and other charges.
7. Purchase Receipt of Inventory Entry Receive product.
8. OT Transaction Entry Unload and return container to port. Update Container Empty and Container Out dates.
9. Vendor Invoice Center Entry Cost the PO or apply any additional addons to PO.
10. OT Admin Purge Tracking and Vessel Documents Report Purge closed or inactive vessel and tracking documents on a regular basis.