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Priority Order
Order which is identified as taking precedence over other orders to ensure its completion in the minimum time. Synonym: Urgent Order, Rush Order  
Pro-Forma Invoice
Draft invoice sent to an importer by the exporter prior to order confirmation and shipment to assist in matters relating to obtaining import licenses or foreign exchange allocations, or to advise the value of a consignment so that Letters of Credit can be opened.  
Procurement
Activities which ensure the availability of the material and/or services in the desired quantity, quality, place and time from the supplier.  
Procurement Logistics
Control of the flow of materials up to the manufacturing process.  
Productivity
Relative measure of output of labor hour or machine hour.  
Profit Center
Organizational unit which is held accountable for its own profits and losses.  
Project Cargo
Goods connected to the same project and often carried at different times and from various places.  
Proof of Delivery
Receipt signed by the consignee upon delivery.  
Proportional Rate
Rate which is used in combination with other rates to establish a through rate.  
Prorate
Portion of a joint rate or charge obtained by proration.  
Proration
Division of a joint rate or charge between the carriers concerned on an agreed basis. ProrateRate Proration
Protection and Indemnity Club
Abbreviation: P&I Club. Mutual association of shipowners which provides protection against liabilities by means of contributions.  
Protest
Sworn statement made by a ship's captain following an accident.  
Protocol
Statement drawn up to attest certain events.  
Proximate Cause
Most direct cause of loss, that is, the most effective, but not necessarily the last, in a series of events.  
PSI
Pre-Shipment Inspection
PTI
Pre-Trip Inspection  
Public Authorities
Agencies or officials in a country responsible for the application and enforcement of the laws and regulations of that state.  
Public Warehouse
Warehouse which is available to all companies and individuals who wish to make use of the services offered.  
Published Charge
Charge, the amount of which is specifically set forth in the carrier's rates tariff. Published Rate
Published Rate
Published Charge
Pull Distribution System
System to provide warehouses with new stock on request of the warehouse management.  
Purchase Order
Definite order for one or more deliveries by the supplier to the customer of a specific quantity of goods, materials, services or products under agreed terms of delivery and prices.  
Purchasing Agent
Agent that purchases goods in their own country on behalf of foreign importers such as government agencies and private companies.  
Push Distribution System
System to provide warehouses with new stock upon decision of the supplier of the goods.  



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