Abstract A sustainable supply chain is measured by triple bottom line “Impact on people, profits and the planet”, which are the upstream components of the supply chain.This shift in paradigm usually reflects the understanding that the sustainable supply chains are…
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 – Clothing Supply Chain, Ambrosus Food & Medicine Supply Chain, Modum – Pharma Supply Chain etc.The power of a block chain enabled–supply chain is that through block chains, companies gain a real-time digital ledger of transactions and movements for all participants in their supply chain network. Better visibility into procurement, more accurate and reliable data for analytics, and increased trust among all participants in our supply chain network are some of the benefits of adding block chain to our infrastructure.Integrating block chain into your…
Abstract Due to complexity in global supply chains and networks, managing liner services has become a quite complex endeavor. A few liner services are able to fully integrate the trade routes, such as Maersk Lines and MSC. Maersk Lines has…
Abstract Supply chains engender great opportunity to weather forecasting industry to advance.Those who can utilize these kinds of forecasting, they are beneficial to some extent and preserved from loss of weather disruptions.In one hand, impact of weather in many…
Abstract: The retailing organization Zara has suppliers from about 50 countries. Zara is called “Fast fashion” in a segment of the market. Following things in Zara’s ICT try to seamlessly coordinate between organizations and enhance supply chain integration. The…
Many electronics manufacturers of Guangdong rely on the supply of parts from numerous component shops in Guangzhou.
Abstract: Incoterms are last amended by ICC on January 01, 2013.Some essential incoterms are highlighted below: The incoterms EXW can be defined as an agreement between a buyer and a seller that after production completed and left warehouse of the seller, seller is not responsible for cost and liability for the product. Incoterms FOB and EXW can be used interchangeably while consider terms and agreement between buyer and seller.Seller is not responsible for loading the goods unless specified otherwise and buyer is responsible for doing insurance for EXW shipments under the buyer’s Ocean Cargo Policy.Free Carrier While using the incoterm FCA , the Seller agrees to give delivery of the goods into the custody f the forwarder, freight forwarder etc.Free on Board(Named port of shipment) The incoterm FOB is from thepoint of delivery of goods and transfer of risk, it starts with the goods pass the ship’s rail at the named port of shipment. Except CIP and CIF , incoterms do not have any obligation on the Seller and Buyer to provide insurance. Keywords: Freight collect, Incoterms,EXW, FCA, FOB Article: Introduction: Incoterms are nothing but some International Commercial terms published by International Chamber of Commerce to clearly communicate the associated risks,costs,tasks etc. evolved with international procurement and logistics. Which are widely accepted by legal authorities,…
Abstract: In a supply chain an air cargo is any product carried or to be carried in an aircraft. Organized air freight started to transport air cargo from the 1920s on, the first commercial airlines that were all-cargo did not…