What is Bill of Lading in Order Management in Oracle APPS?

• Bill of Lading is a legal document between the shipper of a particular item and the carrier detailing the type, quantity and destination of the good being carried. 
• The bill of lading also serves as a receipt of shipment when the good is delivered to the predetermined destination. 
• This document must accompany the shipped goods, no matter the form of transportation, and must be signed by an authorized representative from the carrier, shipper and receiver.