What is bill of lading in SAP TM - Transportation Management?

SAP Term: bill of lading

• Component: TM

• Component Name: Transportation Management

• Description: A document issued by a logistics service provider that fulfils the following business criteria: Provides a receipt for the goods delivered to the carrier for transportation Specifies the contract to transport the goods from the source to the destination In certain circumstances, provides evidence of ownership of the goods A bill of lading is used for sea transportation, a waybill is used for land and air transportation.

Smart SAP Assistant

• Key Concepts: 
  A bill of lading (BOL) is a document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being shipped. It serves as a receipt of shipment when the goods are delivered, and can also be used as a contract between the shipper and carrier. In SAP Transportation Management (TM), BOLs are used to track shipments and ensure that goods are delivered on time and in the correct quantity. 
  
  How to use it: 
  In SAP TM, BOLs are created when a shipment is booked. The BOL contains information about the shipment, such as the origin and destination, the type of goods being shipped, and the estimated delivery date. The BOL is then sent to the carrier, who will use it to track the shipment and ensure that it is delivered on time. 
  
  Tips & Tricks: 
  When creating a BOL in SAP TM, make sure to include all relevant information about the shipment. This includes the origin and destination, type of goods being shipped, estimated delivery date, and any special instructions for handling the shipment. This will help ensure that the shipment is delivered on time and in the correct quantity. 
  
  Related Information: 
  For more information about BOLs in SAP TM, please refer to SAP Help Portal: https://help.sap.com/viewer/product/SAP_TM/9.6/en-US