Mafi Trailer
German brand name of a roll trailer used
for RoRo purposes.
Maiden Trip
First voyage of a vessel or aircraft
after delivery from new-building to her
owner(s).
Main Carriage
The primary stage in the movement of
cargo from the point of origin to the
intended final destination.
Main-line
Operator
Abbreviation: MLO
A carrier employing vessel(s) in the
main or principal routes in a trade but
not participating within a consortium.
Maintenance
Chain
A sequence of events in a goods flow
which preserves and/or restores the
value of a specific good. This may
include repairs.
Manifest
Document, which lists the specifications
of goods, loaded in a means of transport
or equipment for transportation
purposes.
As a rule the agents in the place of
loading draw up manifests.
Manufacturers
Plate
A plate indicating the name and address
of the container manufacturer and
particulars of the container.
Manufacturing
Process
The producing of goods or wares by
manual labour or machinery, often on a
large scale and with division of labour.
Manufacturing
Resource Planning
Abbreviation: MRP-II
A method for the effective planning of a
manufacturing company, being a direct
out-growth and extension of MRP-I.
Marine
Insurance Policy
An insurance policy protecting the
insured against loss or damage to his
goods occurred during ocean transport.
Market Analysis
Systematic investigation of the growth,
the composition and the behavior of a
market.
Marketing
The process of organizing and directing
all the company activities which relate
to determine the market demand and
convert the customers buying power into
an effective demand for a service and to
supply that service to the customer.
Marks
See Shipping Marks
Master Data
The set of data that is needed to
establish sufficient reference material
to support the maximum use of pre-coded,
pre-agreed information enabling more
efficient transaction messaging.
Master
Production Schedule
Abbreviation: MPS
A realistic, detailed, manufacturing
plan for which all possible demands upon
the manufacturing facilities (such as
available personnel, working hours,
(management) policy and goals) have been
considered and are visualized. The MPS
is a statement of what the company
expects to produce and purchase
expressed in selected items, specific
quantities and dates.
Mate's Receipt
A document signed by the chief officer
of a vessel acknowledging the receipt of
a certain consignment on board of that
vessel. On this document, remarks can be
made as to the order and condition of
the consignment.
Material
Requirements Planning
Abbreviation: MRP-I
An inventory and purchasing planning
system that integrates product
components, lead times and deadlines.
Materials
Handling
The activities of loading, unloading,
placing and manipulating material and of
in-process movement.
Materials
Management
The planning and control of the
activities related to the materials flow
from the suppliers up to the end of the
conversion/production process.
Means of
Transport
Type of vehicle used for the transport
of goods (e.g. aircraft, barge, truck,
vessel or train).
Measurement Ton
A ton of one cubic meter water.
Mechanics Lien
The legal enforceable claim, which a
person who has performed work or
provided materials is, permitted to make
against title to the property or as a
preferential person in the event the
estate or business is liquidated.
Medical First
Aid Guide
Abbreviation: MFAG
Instructions to be consulted in case of
accidents involving dangerous goods.
Merchant
For cargo carried under the terms and
conditions of the Carrier's Bill of
Lading and of a tariff, it means any
trader or persons (e.g. Shipper,
Consignee) and including anyone acting
on their behalf, owning or entitled to
possession of the goods.
Merchant
Haulage
Inland transport of cargo in containers
arranged by the Merchant.
It includes empty container-moves to and
from hand-over points in respect of
containers released by the Carrier to
Merchants.
Minimum Charge
The lowest amount which applies to the
transport of a consignment, irrespective
of weight or volume.
Minimum
Inventory
The planned minimum allowable inventory
for an independent demand item.
Minor Unit
Unit of recorded value (i.e. as recorded
by banks) which is a division of the
respective unit of currency.
Examples are the cent being one
hundredth part of the US Dollar.
Note: The minor unit of the Egyptian
Pounds is a PIASTRE
Mixed
Consignment
A consignment of different commodities,
articles or goods, packed or tied
together or contained in separate
packages.
Mode of
Transport
Method of transport used for the
conveyance of goods, (e.g. by rail, by
road, by sea).
Model
A representation of a process or system
that attempts to relate the most
important variables in the system.
Module
A separate and distinct unit of hardware
or software that may be used as a
component in a system.
Movement
The act or process of changing the
position of an object and or people.
Movement
Inventory
The inventory during a production
process caused by the time required to
move goods from one place to another.
Multi Purpose
Carrier
See Multi Purpose Vessel
Multi Purpose
Vessel
Vessel designed for the carriage of
different types of cargo: general, bulk,
heavy and/or containerized cargo.
Multimodal
Transport
The carriage of goods (containers) by at
least two different modes of transport.
Multimodal
Transport Document
See Combined Transport Document
Multimodal
Transport Operator/Carrier
Abbreviation: MTO/Carrier
The entity or the person on whose behalf
the transport document or any document
evidencing a contract of multimodal
carriage of goods is issued and who is
responsible for the carriage of goods
pursuant to the contract of carriage.
Multiple
Sourcing
Selecting of and working with more than
two equivalent suppliers for a certain
product.
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