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Shelf Life
The length of time that an item of
supply can be stored under specified
environmental conditions and continue to
remain suitable for its intended use.
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Sherman Antitrust Act (U.S. Law)
The first antitrust law
passed in the U.S. in 1890 for the purpose of
promoting competitiveness and fairness and
to regulate interstate commerce. See also:
Price Fixing, Tying Arrangement, Clayton Act
(The Clayton Anti-Trust Act).
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Shipper’s Load and Count
A shipper's notation
on a bill of lading confirming that the contents
of a container were counted and loaded by
the shipper.
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Shipping
The activities performed in preparation
of the outgoing shipment of products and
material, which may include packaging,
marking, weighing, and loading for shipment.
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Shipping List
A memorandum that includes all
items shipped at one time on a given order.
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Short List
Names of candidates that have been
narrowed considerably from a longer list of
top-ranked or top-scored offerors.
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Shortage
A lack of supply of an item in demand.
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Show Cause Notice
A written notice issued to a
contractor when termination for default
appears to be appropriate or imminent. It
provides the contractor with an opportunity to
explain why the contract should not be
terminated for default. If the contract breach
or poor performance is not corrected, the
entity may subsequently issue a termination
for default.
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Shrinkage
Refers to inventory that is lost, stolen,
misplaced, or otherwise unaccounted for.
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SIC Code
