Consignment
The UN Procurement Practitioner's Handbook, produced by the Interagency Procurement Working Group (IAPWG) in 2006 and updated in 2012 suggests that the word ‘consignment’ might mean:
- An agreement with a supplier to stock goods at a customer's location with the goods remaining the property of the supplier until used or sold.
- A shipment that is handed over to a common carrier for transport and delivery.
Safety in the storage and handling of steel and other metal stock, second edition, published by the Health and Safety Executive (HSE) in August 2016, defines consignment as: ‘The point at which delivered goods become the customer’s responsibility. It is the end point of delivery and is likely to be the same point at which financial liability for damage or loss transfers from supplier to customer.’
The Chartered Institute of Procurement & Supply (CIPS) Glossary of procurement terms, defines a consignment as: ‘A specific quantity of goods being carried’. It suggests that a consignment note is: ‘A document describing the contents of a shipment, prepared by a consignor (supplier) and countersigned by the carrier as a proof that the carrier has received the goods for delivery’ and consignment stock is: ‘Inventory owned by the supplier but held at the buyer’s premises.’
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Not buildings. Happy holiday from DB.
Future Homes Standard: Industry calls for more ambition
As the Government FHS consultation finally closes.
Improving government projects with data and AI
Enabling better outcomes, efficient modern delivery and influential leadership on government projects.
BSRIA Living Laboratory Innovation Challenge
Final days for submission, closing March 29.
Windows, their frames, forms, factors and functions.
The hidden subtleties of U-Value calculations
Different contexts and what to include as variables.
A brief run down with related articles.
Electrical sector calls for safer public EV charge points
Serious concerns about electrical safety in the public domain.
Building Blocks manifesto presented to parliament
Architects Declare call in for support of five critical policies.
The four elements of project management with APM
Analysis, expectations, collaborative communication and partnerships.
City of London launches Heritage Building Retrofit Toolkit
Empowering owners to initiate necessary adaptations.
Guidance on RAAC in listed buildings
Published by Purcell, endorsed by IHBC, SPAB and C20.
Learning from the past.
Reluctance to hire people with criminal convictions revealed
Employing People with Criminal Convictions Report.
Tackling unconscious bias; Women's History Month
Personal reflections, as the last week of March approaches.