Remove Course Remove Definition Remove Document Remove Ordering
article thumbnail

The Definition of Transparency

Blue Grace Logistics

So in order to begin understanding transparency in the supply chain, we first need to define it. As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results. Understanding the Need Transparency.

article thumbnail

What is a routing guide and what are best practices to create one

FreightWaves SONAR

And according to Brian Straight of FreightWaves , a routing guide is a living document that enables faster transportation management and keeps freight spend under control based on lane volatility, seen also within SONAR SCI Lane Acuity. What is a routing guide : a list of preferred carriers for tendering freight.

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

Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Standardise and Digitise The key to managing complexity, of course, is to be organised. Your inventory turns ratio is low.

article thumbnail

Ethics in Supply Chain Management

Globalior

Most compliance managers in supply chain functions would readily agree that they hold ethical practices in high regard and likewise hold a firm moral high ground when making decisions in the course of their work. Ideally, all relationships with vendors must be managed through documented contracts with validity periods and clear exit clauses.

article thumbnail

How to Write a Winning Business Plan

Ship Monk

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. Essentially, a business plan is a formal document that outlines the goals and objectives of a company. If you really want to play it smart, market research is one step you definitely don’t want to skip out on. Who will be responsible for what?

How To 64
article thumbnail

What is a 3PL? How Third-Party Logistics Providers Benefit eCommerce Brands

Ship Monk

This includes: Matters of inventory management with advanced 3PL software Delivery speed with warehouse locations that bring products closer to customers Fulfillment: Order processing, picking, and packing Optimal shipping costs and options thanks to established relationships with major shipping carriers. So let’s talk PLs 1 – 5.

article thumbnail

Difference between Maritime, Shipping, Freight, Logistics and Supply Chain

Shipping and Freight Resource

In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected, starting with some simple definitions of these terms. Issuing bill of lading and other documentation for all cargo loaded. Based on this sales order, the supplier will go the planning stage.

Maritime 134