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.

article thumbnail

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. They are updated on a regular basis when major international trade events occur. In 1936, they were formally classified as Incoterms.

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

Business-to-Anything Integration Supports Agile Supply Chains

Logistics Viewpoints

Supply chain collaboration networks, which provide wide ranging visibility to events occurring upstream and downstream in supply chains, can help companies be more agile. An EDI VAN enables the secure exchanges of electronic business documents, such as purchase orders and invoices, with trading partners—via electronic data interchange format.

article thumbnail

Suggested Subjects for Research Papers on Accounting

WorkWave

In the event you cannot pay attention to your job and definitely require aid writing an article, just con Tact us. Term paper writing is simply a document that is certainly extremely difficult to compose. Time To Read: 2 minutes The writer within the educational writing needs to be accountable.

article thumbnail

Learn the Jargon: Freight Shipping Terms You Need to Know

GoShip Blog

So, to help you out, here is a curated list of some of the most common important terms and their definitions: Accessorial Charge – Fees for services beyond normal pickup and delivery. Embargo – An event that prevents freight from being accepted or handled. Waybill – Non-negotiable document prepared by the carrier.

article thumbnail

How To Reposition Inventory to Better Respond To Natural Disasters

Camelot 3PL Software

But it is possible to reposition inventory to better respond to such events. According to a report by the Geneva-based International Federation of Red Cross and Red Crescent Societies (IFRC), global warming is not a direct cause of droughts or hurricanes, but it increases the frequency and exacerbates the risks of such events.

article thumbnail

Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

3 Steps to Improved Reverse Logistics Three of the most critical tasks in managing returned inventory are determining which products should, or should not, be accepted as returns, calculating the cost of returns, and establishing a definitive course of action based on the condition of each item and the policies that apply to it.