LAST SHIPMENT POLICY
As a precautionary measure on falsely
releasing last shipments for imports, the following measure will
be implemented:
1) All freight cashiers need to check if the
shipment about to be released is the last shipment of that
particular customer (see separate email from Maureen and Raymond
on how to check)
2) If the shipment involves freight/invoice
of over US$ 5,000, release authorization forms 3 or 4 should be
approved by the following group:
SALES - Contact Sales
ACCOUNTING - Contact Accounting
DOCUMENTATIONS - Contact OP
It was decided that getting people from 3
different groups/department will bring about good
decision-making. We put two people in each group just in case one
person is not in, the other can approve.
SALES will approve on the point of
view on sales. How trusting the sales are on the customer,
frequency of booking, history of the customer etc.
ACCOUNTING will check the pending
balances, payments history , credit standing.
DOCUMENTATIONS will approve by
checking incomplete files, declaration on the house b/l if direct
cnee or otherwise.
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