Posts

Showing posts from November, 2019

logistics network

The logistics management takes into consideration every facility that has an impact on cost. It plays an important role in making the product conform to customer requirements. Also it involves efficient integration of suppliers, manufacturers, warehouses and stores and encompasses the firms’ activities at many levels, from the strategic level through the tactical to the operational level. Logistics is a challenging and important activity because it serves as an integrating or boundary spanning function. It links suppliers with customers and it integrates functional entities across a company. With the ever-growing competition in today’s market place it becomes necessary for a firm to use its resources to focus on strategic opportunities. This includes several internal factors like management style, culture, human resources, facilities and several external factors like technology, globalization and competition. This is where the concept of logistics plays a major role, i.e. it helps...

freight forwarder

What is a freight forwarder? Firm specializing in arranging storage and shipping of merchandise on behalf of its shippers. It usually provides a full range of services including: tracking inland transportation, preparation of shipping and export documents, warehousing, booking cargo space, negotiating freight charges, freight consolidation, cargo insurance, and filing of insurance claims. Freight forwarders usually ship under their own bills of lading or air waybills (called house bill of lading or house air waybill) and their agents or associates at the destination (overseas freight forwarders) provide document delivery, deconsolidation, and freight collection services. Also called forwarder. That definition is a little wordy and sounds complicated, so let’s just do a basic definition as follows: A freight forwarder is a company that arranges y...

logistics company

Logistics is a key component of the modern economy. It was also a key element in 20th century warfare; however, it was not adequately documented or understood. The term "logistics" originated from an ancient Greek word meaning ratio, calculation, reason, or oration. The term logistics was first used by the military to describe the activities associated with maintaining a fighting force in the battle field and in its strictest sense, to describe the housing of troops. The dictionary definition of logistics describes the term, “the branch of military science having to do with procuring, maintaining, and transporting material, personnel and facilities”.  The word is also used to describe the time related to positioning of resources. Logistics is concerned with the organization, movement, and storage of material and people. It deals with the planning and control of the flow of materials and related information in organizations. Its main objective is to get the ri...

import logistics china

Importing from China can be an extremely lucrative undertaking. Just ask the 115,000 companies that imported from China to the US in 2016. But if you’re new to the game, where do you begin? Right here. We asked 18 experts from some of the top eCommerce, product sourcing, and fulfillment companies in the world about each step of the importing process and crammed their answers into 130 pages of The Experts Guide To Importing From China . The guide gives you the confidence to get started with highly-actionable information, tips, and advice. So what are you waiting for? Read on! Identify goods for import. Ensure that there are no barriers to importing. Find a supplier in China. Calculate the landed cost of your goods. Book your shipment. Conclusion Identify goods for import. When it comes to imports, the world is your oyster. That makes it both easy and difficult to identify what goods to import. There are several ways you can go about it, however. ...