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Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

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How to Operate Your Distribution Truck Fleet at Less Cost

Logistics Bureau

If your company operates a distribution fleet, you’ll know that the costs of running trucks for customer deliveries are continually increasing. In this post, we’re sharing our top tips for cost reduction in each of these three areas, so let’s get to it, beginning with truck expenditure.

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Inbound Logistics: Everything You Need to Know

3PL Links

Everything You Need to Know About Inbound Logistics | Source: Picpedia. We will address the following topics in this article: Inbound logistics definition and significance. Here are the aspects that characterize supply logistics: Pick vendors who provide better supply conditions, better raw material quality, and more affordable costs.

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Why Logistics' Leaders Need to Recast "Cost Control"

10xLogistics

The best presentation I have seen in a long time was given last year at the CSCMP Annual Conference and it was given by Amazon. The speaker was asked how they decide what service to provide given the costs. We provide the service then figure out the cost". This is the definition of a true customer centric supply chain.

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The Beginner’s Guide to Bill of Lading Documents

ShipLilly

While you don’t want to forget any of those documents (no matter how numerous or tedious they may be), there’s one you definitely want to become familiar with: the bill of lading. Additionally, since most BoLs are considered a title of goods, these documents (much like the cargo they list) can be used in negotiations.

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Shipping Heavy Items: Costs, Services, & Solutions

Ship Monk

If your eCommerce business sells lanyard bracelets or fuzzy socks, shipping costs and shipping processes are easier than, say, if you sell grand pianos or plasma televisions. the topic of heavy shipping costs and shipping processes is a must. That’s just the way it goes. Heavy Shipping Checklist.

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Documents for Freight Shipping: A Definitive Guide

Freightera

They are used by the purchaser, for internal purposes in international purchases. Pro forma invoices are generally sent to the purchaser before the shipping itself takes place. . With a letter of credit, the bank becomes a guarantor in case the purchaser is unable to pay for the goods. Commercial or Customs Invoice.