An Overage, Shortage & Damage (OS&D) Form is a document used in shipping and logistics to record and report discrepancies in shipments, specifically related to overages, shortages, and damages of goods.

Overage: Refers to a situation where the quantity of goods received exceeds the quantity listed on the shipping documentation. For example, if a shipment is supposed to contain 100 units but actually contains 105 units, it would be considered an overage.

Shortage: Refers to a situation where the quantity of goods received is less than the quantity listed on the shipping documentation. For instance, if a shipment is supposed to contain 100 units but only contains 95 units, it would be considered a shortage.

Damage: Refers to goods that have been received in a damaged or unusable condition. This could include goods that are broken, torn, dented, or otherwise compromised during transit.

The OS&D Form allows shippers, carriers, and receivers to document these discrepancies accurately, providing a formal record of any issues with the shipment. This form is crucial for resolving disputes, processing claims, and ensuring accountability and transparency in the shipping and receiving process. It helps identify where and how discrepancies occurred, facilitating corrective actions and improving inventory management and quality control processes.