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What does OCF mean in shipping terms?

In shipping terms, OCF stands for "Operational Cash Flow." It refers to the cash generated from a company's regular business operations, which is crucial for maintaining day-to-day activities, including shipping logistics. OCF is an important metric for assessing the financial health of a shipping company, as it indicates the ability to cover operational expenses and invest in growth without relying on external financing.


What does ciffo mean in the shipping terms?

In shipping terms, "CIF" stands for "Cost, Insurance, and Freight." It refers to a pricing structure where the seller is responsible for the costs of transporting goods to the buyer's destination, including insurance and freight charges. The seller must pay for the shipping and insurance until the goods reach the specified port of destination, after which the responsibility transfers to the buyer. This term is commonly used in international trade contracts.


What does PO Number mean in shipping terms?

A PO Number, or Purchase Order Number, is a unique identifier assigned to a purchase order, which is a document created by a buyer to authorize a purchase transaction. In shipping terms, it helps streamline the order fulfillment process by linking the shipment to the specific order details, making it easier to track and manage inventory. This number ensures that both the buyer and supplier can reference the same order for communication and record-keeping.


The sum of of terms divided by the number of terms?

The mean, or the average.


The sum of terms dividedby the number of terms?

That's the definition of the "mean" or "average" of that group of terms.