Remove Analysis Remove Document Remove Examples Remove Strategy
article thumbnail

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

Logistics Bureau

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. 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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Navigating a Lost Bill of Lading (BOL) with Courier Companies in International Trade

MTS Logistics

The global shipping industry heavily relies on accurate and timely documentation, such as the Bill of Lading (BOL), to transport an astounding 11 billion tons of cargo annually. However, supply chain disruptions caused by document delays or loss can have severe financial consequences for businesses. Statistics and Examples 1.

article thumbnail

The smart factory Part 1: Digitization, digitalization and digital

SYSPRO Smarter ERP

The first step, therefore, is to get all your information – documents and data – into a digital format. This means scanning documents or entering data into a computer manually. The second step will be to convert all critical business data produced going forward that requires analysis to be collected going forward.

Digital 133
article thumbnail

5 Ways Shippers And Suppliers Can Maintain A Great Relationship

Blue Grace Logistics

The importance of setting the tone of the relationship and being an example of what you expect. Communication and equality are the central axes of the process of transforming a supplier into a valuable business partner for the strategy, success, and growth of a company. Set The Tone Of The Relationship, Be The Example.

article thumbnail

The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. The large fines above are examples of this class of penalties. First, even if fines are not applied, goods moving across borders with incorrect documentation can be held up at the border.

article thumbnail

Programming Languages Applied to Logistics

Logistics at MPEPS at UPV

In this post, a tour of the most popular programming languages in the sector will be made, as well as the databases from which the information can be retrieved for analysis. 1. Databases Companies store an enormous amount of information, which is of great importance when formulating problem-solving strategies.