Overage, Shortage and Damage (OS&D) is an inspection report for the purchased materials that is prepared by a buyer at the time of goods or cargoes (equipment and materials) are delivered at the receiving area (mainly, construction site of warehouse), or handed over them from a supplier based on the purchasing terms and conditions. The OS&D Report provides information on the cargo quantity and condition in which it was received that may be filed depending on where and how the incident occurred and who is responsible or liable for them.
Related Definitions in the Project: The Logistics Management; Procurement; Construction
