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5 Important Considerations When Importing from China

Forto

When looking for trustworthy suppliers, you should take your time and seek support. Deal with the customs formalities – also to be able to calculate your sales prices exactly. Manufacturers in China often produce articles much cheaper, so the profit margins in sales are therefore higher. Find Trustworthy Suppliers.

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How to Win During Peak Shipping Season

Logistics Business Magazine

This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them. Pressure to Save Costs Transportation accounts for a significant amount of total operational costs, consequently becoming a huge target for potential cost savings.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Practice integrity, avoid conflicts of interest and personal enrichment, treat suppliers equally and fairly, and comply with legal and other obligations. Directly or indirectly, you are affected.

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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 manufacturers and distributors can re-imagine procurement in the supply chain

SYSPRO Smarter ERP

As a recent article notes: “for procurement to lead the way, companies will want to reimagine not just what the function does but also how it operates and which new capabilities it will need” (McKinsey – Reimagining procurement for the next normal). This meets all their key performance areas. The procurement process.

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3PL Warehousing 101

Kanban Logistics

In this article, we’ll examine all that 3PL warehousing entails, while helping you find a 3PL partner that’s right for your business. With the VMI model, manufacturing suppliers work with 3PLs to store goods that the manufacturer will eventually require. Everything is negotiable. Types of 3PL Warehousing. Continuous improvement.

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Thirdly, suppliers and buyers are finding it increasingly difficult to do business due to the need for compliance with the continuing barrage of harsh sanctions. Many Western enterprises unknowingly depend on Russian and perhaps Ukrainian companies as t ier 2 suppliers. Firstly, the war is having a direct impact on ports and routes.