Drop shipment definition

Drop shipment means the sale of a prescription drug to a pharmaceutical wholesaler by the manufacturer of the drug; by the manufacturer's co-licensed product partner, third party logistics provider, or exclusive distributor; or by an authorized distributor of record that purchased the product directly from the manufacturer or from one of these entities; whereby:
Drop shipment means the sale of a prescription drug, medical gas, or medical equipment to a wholesale distributor by the manufacturer of the prescription drug, medical gas, or medical equipment or to that manufacturer's colicensed product partner, that manufacturer's third-party logistics provider, or that manufacturer's exclusive distributor, under the terms of which the wholesale distributor or chain pharmacy warehouse takes title but not physical possession of the prescription drug, medical gas, or medical equipment and the wholesale distributor invoices the pharmacy or chain pharmacy warehouse, or other person authorized by law to dispense or administer the drug, gas, or equipment to a patient, and the pharmacy or chain pharmacy warehouse or other authorized person receives delivery of the prescription drug, medical gas, or medical equipment directly from the manufacturer, or that manufacturer's third-party logistics provider, or that manufacturer's exclusive distributor.
Drop shipment means the sale of a prescription drug to a

Examples of Drop shipment in a sentence

  • Drop shipment accruals (“ DSAs”) were created when inventory was shipped directly from the vendor to the customer, without going through Tech Data’s warehousing and inventory systems.

  • Drop shipment by the wholesale distributor to trading partners, other than to a dispenser, is not exempt from the provisions of this rule.

  • This rule is divided into three parts:(a) Part I - Nexus standard for sales of tangible personal property;(b) Part II - Sourcing sales of tangible personal property;and(c) Part III - Drop shipment sales.

  • Artwork: SCEL will provide final artwork to the winning bidder in one of the following Adobe file formats based on the printer’s request: PDF, Illustrator, InDesign, Photoshop, or EPS Vector format.Shipping Method: Drop shipment and 1 Final Sample to 1 location only (Columbia, SC Office) Proof: Actual Product Sample of apple green tote bag must be clearly marked with the vendor’s name and submitted no later than Friday, August 8, 2014, at 5 p.m. ET and must be approved by SCEL before the job is awarded.

  • Drop shipment requests will be indicated on the Purchase Order when applicable.


More Definitions of Drop shipment

Drop shipment means and include any delivery of cigarettes received by any person within this state when payment for such cigarettes is made to the shipper or seller by or through a person other than the consignee.
Drop shipment means the sale, by a manufacturer, repackager or exclusive distributor, of the manufacturer's prescription drug to a wholesale distributor whereby the wholesale distributor takes title but not possession of such prescription drug and the wholesale distributor invoices the dispenser, and the dispenser receives delivery of the prescription drug directly from the manufacturer, repackager, third-party logistics provider or exclusive distributor, of such prescription drug.
Drop shipment means any Shipment tendered pursuant to a written agree­ ment or prior arrangement between UPS and a specific Shipper that permits the Shipper to tender quantities of individual Packages directly to UPS at a UPS pre­ approved designated location.
Drop shipment means the sale by a manufacturer of the
Drop shipment means the sale of a prescription drug:
Drop shipment means the sale of a prescription drug to a wholesale distributor by the drug's manufacturer, the manufacturer's co-licensed partner, the manufacturer's third-party logistics provider, the manufacturer's exclusive distributor, or by an authorized distributor of record that purchased the product directly from the manufacturer, the manufacturer's co-licensed partner, the manufacturer's third-party logistics provider, or the manufacturer's exclusive distributor, and:
Drop shipment means the sale and distribution of a prescription drug in which a manufacturer or a third-party logistics provider directly ships the prescription drug to a pharmacy, chain drug warehouse, or other person authorized to dispense or administer the prescription drug, and the pharmacy, chain drug warehouse or other authorized person is invoiced by a wholesale distributor that took title to the prescription drug during the shipping, but did not take physical possession of the prescription drug.