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What are the Advantages of Using a NVOCC?

MTS Logistics

This was the year I was introduced to commercial documents, bills of lading, insurance, letter of credits, and a variety of other documents. I used to prepare most of the documents except for bills of lading. For the differences between freight forwarders and NVOCCs, please read this article. Can Fidan.

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The Digital Supply Chain Needs to Include Trade Compliance Systems!

Logistics Viewpoints

Better systems at customs agencies can lead to increases in cycle times for companies that are not on top of the complex documentation requirements associated with trade. In short, customs compliance must become proactive and strategic rather than just focused on having the proper documentation and accurately paying duties.

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The Freight Forwarder’s Era: The Top Advantages of Working with a Freight Forwarder

MTS Logistics

In this article, we define five advantages that will transform the future of freight forwarding. Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments.

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How Freight Forwarders Benefit Businesses and Personal Shippers

ShipLilly

For example, a recent survey of 100 randomly selected people showed that many are not conversant with shipping industry terminologies, let alone the services. Hence, it is not surprising that early analysis indicates that 8 out of every 10 participants in the survey had never heard of the term “freight forwarding.” Wrapping up.

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No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. It may do, but how do you know?

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Selling Your Service Business: What Matters Beyond Valuation

WorkWave

Q&A highlights in this article [Open] [Close] WorkWave: Where should you start if you are looking to sell your business? With a background in playing professional soccer with MLS’s FC Dallas, Cano brings a unique strategic perspective to corporate development and financial analysis. Doing so requires thorough qualitative research.

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Top 6 Supply Chain KPIs: Keep Your Dashboards Simple

Logistics Bureau

“Paralysis by analysis” is a common term used to describe such a situation, and you can avoid it by monitoring a smaller number of carefully chosen KPIs. Accurate documentation: This metric tracks the percentage of sales orders accompanied by accurate documents throughout the process. x 0.96 = 0.8661.