Have you ever received a shipment and upon delivery discovered that certain things were missing or damaged? These accidents occur in the bustling industry of logistics. However, they may be expensive and annoying for companies whose operations depend on efficient shipment. This is when being aware of OS&D becomes essential. Overage, Shortage, and Damage is…
Introduction Kuebix takes center stage in the world of cloud-based Transportation Management Systems (TMS), aiming to empower businesses of all sizes. Their core mission? To equip users with the tools they need for streamlined freight management, boosting control, visibility, and cost savings across their entire transportation network. While Kuebix boasts a robust set of features,…
Essential Guide to International Shipping The global trading area is growing rapidly, providing a stepping-stone for business development and new connections with customers worldwide. Online marketplaces and Internet e-commerce platforms provide the convenience of instant reach to a worldwide audience. Nevertheless, a voyage on the wavy international shipping sea may seem scary. This well-rounded guide…
Infor Nexus, with its global reach, offers a cloud-based platform designed to empower businesses of all sizes with a holistic approach to supply chain management. Their suite of integrated solutions aims to boost efficiency and transparency across your entire supply chain network. While Infor Nexus boasts a robust feature set, a thorough evaluation is essential…
Overview With its headquarters in India, Shipsy uses a cloud-based platform to provide businesses of all sizes with their solutions. The suite aims to improve supply chain efficiency by giving control and visibility in real-time. Even though Shipsy has a wide range of features, it is important to assess them objectively to see if they…
Founded in 2017, Alpega has grown into a global logistics powerhouse. Their cloud-based platform leverages a network of freight exchanges and transportation management systems (TMS) to connect shippers, carriers, and logistics providers. While Alpega boasts extensive features, it’s crucial to evaluate them objectively to ensure they align with your unique requirements. Alpega’s offerings encompass several…
Value Stream Mapping Tutorial – What is VSM? Value Stream Mapping (VSM) is a visual tool used in process improvement, particularly in lean manufacturing and supply chain management. It helps organizations understand and optimize the flow of materials and information from raw materials to final product delivery. VSM identifies areas of inefficiency and waste, enabling…
What is an Advanced Shipping Notice (ASN)? The steady flow of the supply chain plays a significant role in the economy of a country. For every operation to be running seamlessly, each link in the chain must be optimized. This means that deliveries are timely and the customers are satisfied. Among the essential tools that…
Spain, which has an extraordinary cultural background, amazing panoramic scenery, and colorful cities, is lined with flexible ports that give merchandising and culture a platform. Located in the intersection of Europe, Africa, and the Americas, Spain’s major ports have always exerted a strong commercial and cultural influence, in the course of history, by favoring trade…
Defining Global Trade Management Global Trade Management (GTM) solutions have been offering advanced solutions that serve as indispensable tools, streamlining and automating various aspects of the trade process, including customs compliance, logistics optimization, and trade financing. Enabled by the power of technology, GTM solutions empower businesses of all sizes to navigate the complexities of international…
Global trade relies heavily on a smooth-running supply chain. Every step needs to happen on time for things to work. Unfortunately, recent geopolitical events are causing problems for this complex system, leading to delays, higher costs, and unhappy customers. Let’s look into how these events are impacting the movement of goods around the world, the…
In today’s supply chain and logistics landscape, the prevalence of silos within operations presents a significant challenge. These isolated departments like the Logistics, Sales, Purchase, Factory, Billing, and Finance, etc often operate autonomously, leading to communication gaps, inefficiencies, and missed opportunities. Manual processes exacerbate these issues, impacting overall performance and competitiveness. The imperative to break…
Ever wondered how that coffee mug you ordered online ended up in your kitchen? Modern economies of the 21st century run on trade of goods and services. As the internet and technology have skimmed the distances between us, the intricate process of how exactly an item travels from factories to store shelves into your hands…
Supply chain mapping is a powerful tool that many businesses overlook. Yet, it’s essential for keeping operations smooth, costs down, and customer satisfaction high. By clearly visualizing the movement of goods and information from suppliers to customers, supply chain mapping brings much-needed transparency. Here’s everything you need to know about mapping your supply chain; its…
Increasing productivity and lowering costs is now possible for companies of all sizes with the help of consolidated goods shipment. But what is consolidated goods shipment, and how can your supply chain profit from it? Combining several smaller shipments from various shippers into a single, larger package is known as consolidated freight shipping. Shipments are…
Reverse logistics is becoming a crucial area of focus in today’s business environment, where the “customer is king” and delivering a great customer experience is crucial. In an increasingly competitive market, businesses which are unable to effectively manage returns run the danger of losing clients. However, what is reverse logistics precisely, and how does it…
Are you struggling to keep track of your project expenses? Are cost allocations and financial reporting becoming a headache for your organization? Look no further than GoInvoice, your solution to streamlined cost management. Cost centers play a pivotal role in simplifying project financial management within companies. Essentially, a cost center represents a distinct department or…
Introduction Bob impulsively ordered a tiny plant online, opting for overnight delivery. The next morning, he received a massive box. Inside? A single leaf, with a note: “Your plant needed some extra room to stretch its roots! Happy gardening!” While the anecdote is a bit exaggerated, teleporting the goods to your doorstep is the next…
Introduction: Why did the demurrage fees go to therapy? They couldn’t handle the cargo’s refusal to leave without a “storage” of emotions! While this joke is very jargon-specific, anyone well-versed in the proceedings of logistics, can relate to it and probably reminisce the penalty payments as demurrage. To categorically define, demurrage refers to the charges…
Cost-cutting has been a priority of the world lately. Beyond terms such as “economic approach” or “striving of resource optimization”, the gist predominantly remains the same i.e. better costs. Finding cost-effective ways to handle shipping is crucial for companies of all sizes. That’s where economy shipping comes in. It’s become increasingly important because it’s affordable…
