Release of damage reserve

Damage is any alteration or impairment of goods that reduces their functionality, usability, or value.

The release of a damage reserve refers to the formal approval to draw funds from a designated reserve to cover reported or anticipated damages in a lo...

A damage reserve KPI is a key performance indicator that measures the adequacy and utilization of reserves set aside to cover expected and incurred lo...

The date on which damage to goods in transit or storage occurred or was identified; used for liability assessment and claims handling.

A framework or model in logistics to estimate and hold reserves (financial or inventory) to cover potential damages, losses, or insurance claims arisi...

Authorization to disclose or share damage-related data about a shipment or incident among stakeholders (shippers, carriers, insurers, and customers) f...