Economic Operator Registration and Identification number (EORI)

An EORI number is a European Union registration and identification number for businesses which undertake the import or export of goods into or out of the EU. On further discussions with the Carrier Providers regarding Brexit they require this on a Client level. Currently, each client can have 2 EORI numbers:

Companies importing goods into or exporting goods from the European Union need an EORI number. This number is used to exchange information with customs authorities.

Customs and Tax (EU)

VAT On E-Commerce (VOEC )

VOEC stans for VAT On E-Commerce.

The VOEC number is a unique 7 digit number starting with 2. It is issued by the Norwegian Tax Administration to sellers (e-commerce platforms, online stores etc.).

We only need to include the VOEC number when:

• Shipping to Norway

• A VOEC Number has been setup for a Client in the TMS

Customs and Tax (Norway)

Import One Stop Shop (IOSS)

The EU’s Import One Stop Shop (IOSS) is a VAT registration scheme a business can use from 1 July 2021 to comply with the EU’s new VAT e-commerce rules.

Currently EU and non-EU sellers selling goods online to EU consumers can import the goods into the EU, directly to the consumer, import VAT-free if the consignment of good(s) is valued at €22 or below. This ends 1 July 2021 and all imports will be subject to EU VAT. 

Customs and Tax (EU)

Overseas Vendor Registration (OVR)

OVR stands for Overseas Vendor Registration - a law that requires overseas vendors or suppliers who are supplying imported digital services to individuals or businesses to be registered under GST in Singapore.

Customs and Tax (Singapore)

ASN

Advanced Shipment Notice

a document sent to a Warehouse management system to provide information about an upcoming shipment from a Supplier

BBD

Product Attribute which is Date Controlled (Best Before Date)

Indicates the date when a product will be of best quality

COO

Country of Origin

Country where product was manufactured

DC

Distribution Center

a specialized warehouse or fulfillment center to receive, store and ship products to customer

EAN

European Article Number

EAN uniquely identifies products and ensures seamless operations across the supply chain. EANs have 13 digits (including an additional country code)

FIFO

First in, first out

A combination of Date Controlled and Lot controlled inventory control method for products with shelf life, in which first product to arrive are first product to be taken out of stock

GRN

Goods Received Notification

a document that serves as confirmation that the goods have been delivered and received at the Warehouse

LPN

License Plate Number

usually in the form of scannable barcode for grouping and managing inventory in the form of a container/bin boxes

Lot No.

Product Attribute which is Lot Number Controlled

Manufacturing number use to track and to identify a specific batch of products that were manufactured under the same conditions

MID

Manufacturer ID

Manufacturer Identification fields

on-the-fly

automatic data entry

A function in SEKO360 where data is automatically created when using ihub Load services such as Load Supplier and “Ship To”

Serial No.

Product Attribute which is Serial Number Controlled

A unique identifier assigned to a specific product by the manufacturer which helps to distinguish one product from another

SKU

Stock-keeping unit

a unique identifier assigned to each product in a business’s inventory system also called as Product Code

WMS

Warehouse Management System

a software platform that helps manage and optimize process of Inbound and Outbound movement of Inventory