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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. million per event.

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Why Containerised Freight Shipping is Daunting for SMEs

Logistics Bureau

That’s a massive problem for SMEs, for example, that last year might have been paying $4,000 to $5,000 (USD) to ship a 40-foot container from Asia to North America, and now face rates of $20,000 and above. Documentation fees. A Multitude of Cost Components. Export fees. Challenge #3: The Complexities of Compliance.

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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. OpenText was the largest vendor in this market the last time ARC did the study. I am updating writing and research on the supply chain collaboration network market.

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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. For example, imagine your company moves 10,000 containers a year with an average contents value of $75,000. 17% went bankrupt, went private, or were acquired. Reduced working capital.

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A Lean Leadership Pocket Card

The Lean Thinker

The article, in turn, summarizes (and slightly updates) Spear’s findings from his PhD work studying Toyota. It was our job to teach our continuous improvement people how to do that coaching and assisting – beyond just running kaizen events that implement tools. Kent Bowen. The path for every product is simple and direct.

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Case Study: Cloud-based WMS Works for Media Provider

Logistics Business Magazine

Dave McGrory, Intermedia’s Head of Production and Logistics, commented: “We were looking for something to provide robust stock management, offer automated documentation and auditability. He cites this as one example of how they have matched their processes to suit the system, and as a result, those processes have been improved.

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Executive guide to ERP Part 6: The operation stage

SYSPRO Smarter ERP

Degradation occurs when a balanced status of systems, business processes and people organization is disturbed by some event and then over time the unused potential degrades to a new level where all three dimensions are in balance again. Another example is where a major customer suddenly demands a change in the way its orders are handled.

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