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17/03/2015
While wooden pallets are cheaper, readily available, more customizable and even recyclable, exporters do face the responsibility of ensuring that while they’re shipping their goods to exciting new markets around the world, they are also avoiding the spread of pests that can cause ecological nightmares!
13/02/2015
Oceans connect every continent in the world, and thus present wonderful opportunities to transport goods. However, while oceans offer great means for shipping, there are…
20/01/2015
To improve communication and mitigate the risks of misunderstandings, the ICC developed Incoterms to serve as universal trade definitions.
02/12/2014
When it comes to international business, one of the most important issues that companies can face is whether or not to use a third party to help meet some of their manufacturing needs.
07/11/2014
Third-party logistics (3PL) is a common practice for supply chain management in which a company outsources logistics functions to another company. The functions that are…
09/09/2014
Without an efficient supply chain strategy in place, customers cannot be serviced properly and maximum profits cannot be achieved.
04/07/2014
Because more companies are outsourcing functions not directly related to their core
competencies, many specialist companies have grown up to provide those functions.
The strategic benefits of outsourcing include enhanced performance, better profitability,
and in the case of larger companies, increased shareholder value.
13/06/2014
There is a wide range of terminology associated with inventory management. Some of the most common terms, concepts and issues regarding global supply chain management are detailed in the following paragraphs.
02/05/2014
You’ve decided to start selling your product in a market outside your own borders. Maybe it’s an emerging market, or perhaps you’ve gone with a market that’s a bit more established; but either way you’re going to need a system to get your product to market. You’re going to need to develop an international value chain.
28/04/2014
My exposure to Incoterms goes back to 2002 when I took my first FITT-accredited international business course at Seneca College.
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