IBNER provision

Quelle: https://de.wikipedia.org/wiki/R%C3%BCckstellung

TL;DR

A provision is a financial reserve recognised in the balance sheet for expected but uncertain future obligations or costs. In a logistics/supply chain context, "IBNER provision" may refer to a company-branded reserve set aside by IBNER for future costs (e.g., returns, warranty costs, or other obligations). The term is not a standardized industry term and may be used as company-specific …

Related Terms

You might also be interested in these terms

cost provision

Cost provision refers to the obligation of one contracting party to bear or provide certain costs incurred in the performance of a service or contract...

Learn more

form provision

Provision of forms; the provision of required forms or templates by a party in the logistics process, e.g., packing lists, bills of lading, or other n...

Learn more

Container provision

In logistics and supply chain management, container provision refers to the process of organizing and making loading containers available at a designa...

Learn more

tooling provision

Provision of the tools required to perform a production or assembly task; the tools typically remain the property of the supplier and are provided to ...

Learn more

material provision

The provision or making available of materials by one party to another, typically under a contract, for use or further processing.

Learn more

provisioned value

Beistellwert is the value of goods or services provided by the client or consignor for transport, storage, or further handling. It is used as the basi...

Learn more

⚖️ ICC Incoterms 2020

Incoterms 2020 Simulator: Who bears costs & risk?

Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.

Incoterms Simulator →