Samskip Glossary

A glossary of words and their definitions used in the transport industry

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There are currently 8 budgies in this directory beginning with the letter A.
Account Manager
A sales representative who develops and keeps strong relationships with customers, connecting with key business executives and stakeholders. Account Managers prepare sales reports, answer client queries, identify new business opportunities among new and existing customers and monitor that customers book as budgeted.

Accrued cost (ACR)
Estimated expenses booked in SAP (booked on a cost ledger account). Only applies for activities which are completed and for which no confirmed RCN (reverse convertible note) is processed, or an invoice is approved.

Accrued revenue
Revenue for rendered services which are recognized but not yet invoiced.

Actual cost
The final cost / invoice for the product and or service offered

Application Programming Interface (API)
A software intermediary that allows two applications to talk to each other. (Each time you use an app like Facebook, send an instant message, or check the weather on your phone, you’re using an API).

Approval time
Time it takes a cost owner to approve an invoice

Archived quotes
Non active quotes stored

Arrival (ARRI)
Event which occurs, when a mode of transport reaches its final or intermediate destination, and the mode of transport is ready for load/ discharge operations to begin at the specified location. Depending on the mode of transport arrival will have different definitions: • Vessel: A vessel has arrived once the vessel is berthed at the port terminal. • Rail: A rail transport has arrived once the transport is stationary at the terminal. • Truck: A truck has arrived once the truck is stationary in front of the (un)loading dock or other (un)loading facility.