Abstract: The Supply Chain processes start cases with the express market needs, which pushes research and development, which pushes production and production pushes marketing to meet the already expressed demand. If the customer orders are speculative and order execution is…
Supply and logistics are the backbone to any successful business, look at Jeff Bezos and Amazon and how wildly successful that model has been, and it all comes down to innovative supply chain activities. It can be easy to overthink…
Today’s supply chains are getting complex because of growing vendors based out of different countries, evolving geo, political and economic trends. As per Gartner, the supply chain management (SCM) market will exceed $13 billion in total software revenue by the…
If you’re into business and you want to expand your customer reach, then you might want to consider looking into the most reputable international freight forwarders in your area. They will handle your goods with utmost care and your customers…
Abstract: The e-Commerce platform can potentially evolve as a self-managed platform allowing the suppliers to add their products online and buyers to transact on this platform within the constraints defined in the smart contract framework. A block chain-powered solution can…
Abstract: Brown notes that trucking companies can’t realistically expect to get “lifer” employees anymore – the guys and gals who stick with a company for their entire career. Logistic activities undertaken in-house by the users of the services and the…
Abstract “Freight Collect” & “Freight Prepaid” are two shipping terms, which indicate whether consignee has the primary liability to the carrier for the shipping charges in a procurement process. EXW, FCA, FOB, FAS etc Incoterms are used for “Freight Collect” shipment. Now, we would like to discuss about incoterms which can be used for different types of “Freight Prepaid” shipments based on Incoterms of Sept 2019 published by ICC, also called 2020 incoterm amedment. Keywords:International Procurement, Freight Prepaid,Freight collect,Incoterm,ICC, Amendment 2020. Article Introduction Transportation is one of the Drivers of Supply Chain. The term Freight denotes transportation charges. The International…
Abstract With block chain technology and other technologies like AI can solve most of the supply chain management week points and make it more reliable. The”cryptocurrency” technology is alsoused by some supply chains such as VeChain,Waltonchain – …
Abstract Returns avoidance, gate keeping, disposal and other supply chain issues are related with reverse logistics. The product may need to travel in reverse through the entire supply chain network to retain use of any service from the defective goods.…