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International Commerce Terms

Logistics at MPEPS at UPV

By definition, Incoterms are a set of 11 globally accepted standards, issued by the International Chamber of Commerce (ICC), that specify sellers’ and purchasers’ duties. In 1953, 1967, 1976, 1980, 2000, 2010, and 2020, amendments and additions were made.

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Ghost Victories – an excerpt from Upstream by Dan Heath

The Lean Thinker

I can make my defect rates improve by altering the definition of “defect.” Then there is this little incident from 2010: BP Deepwater Horizon fire – Photo by USCG. Imagine the easiest possible way to hit the numbers – with the least amount of change to the status quo. The metric was cost and schedule.

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E-Commerce and the Apparel Retail World

Apparel Logistics

However, if you broaden the definition of e-commerce to include using the internet for researching products and services before purchasing, that number jumps to 81 percent, according to Retail Today. E-commerce has forever changed the way consumers shop. As e-commerce grows, it may seem that offline retailers are fighting a losing battle.

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An Overview of Each Generation’s Impact on the World and Global Transportation

MTS Logistics

” Generation Z (Centennial) or Post-Millennials – Born after 1995 and 2010: This is a group of people that are defined by the internet. Generation Alpha – Born after 2010: To describe their common behaviors, we must observe them during the coming years as they grow. Creating a unique value and self-definition.

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What does the next freight cycle look like?

FreightWaves SONAR

From 2010 to late 2015, truckload costs increased in a stable predictable pattern of about 2%-3% per year. The next year will most definitely be a down for most transportation providers, but it is also setting the stage for another violent upswing. Freight shipping patterns were almost a heartbeat of seasonal predictability.

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Standing on the Frontlines of Logistics Change and Volatility Armed with Tech-driven Resiliency

CH Robinson Logistics

History has defined resiliency as being strong and resolute, but the new definition of resiliency will be those who understand vulnerability and prioritize agility. Gantz, David Reinsel and other researchers at IDC release a white paper titled “ The Expanding Digital Universe: A Forecast of Worldwide Information Growth through 2010 (PDF).”

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5 Paths to Better Supply Chain Visibility

Now, That's Logistics

This is a definite prohibitor of good supply chain visibility, and it’s something that many organizations are trying to rectify as they move out of the pandemic and into recovery mode. Calling 2020 a “pivotal year” for the cloud, Accenture says it played a lead role in facilitating remote work solutions.