Pre-shipment inspection
Pre-shipment inspection,an important quality control method,which also called preshipment inspection or PSI,is a reliable way to check goods quality while clients buy from the suppliers. As more and more clients would like to collect suppliers' information from internet,this dealing way contains high risks because it is not a face-to-face dealing.This is the reason internet phishing and fraud appears.Under this condition,Pre-shipment inspection can greatly avoid the risk and ensure clients get quality products from suppliers.
The Pre-Shipment-Inspection is normally agreed between buyer, supplier and bank and can be used to initiate the payment for a Letter of credit. PSI can be performed at different stages:
- Checking the total amount of goods and packing
- Controlling the quality and/or consistence
- Verifying of compliance with standards of destination country(e.g. ASME or CE)
The first stage is normally performed by the transport company, for the latter two ones a proper inspection company is needed. After inspection of the goods, an inspection certificate is sent to the bank issuing the Letter of credit and the buyer, initiating the money transfer. A higher form of the PSI is called Expediting, in this the dates of delivery and the production are controlled as well.
External links
- "Jurisdical side of PSI" (PDF). Retrieved 2009-08-21.