The right logistics system equips companies to streamline operations, improve visibility, and enhance ROI. As noted by recent survey data, these are top priorities for logistics organizations: 85 percent highlight the need for cost reduction, 73 percent want...
The world of logistics and supply chain management has a jargon all its own. From the endless abbreviations to technical industry terms, the logistics and supply chain industry can easily fill a lexicon. Here are some definitions of many of the specialized terms...
Global supply chains continue to be affected by the COVID-19 pandemic, and there’s no doubt that even after it ends, there will be a shift in the way we do business forever. As the virus began to take hold, supply challenges began to arise in China in February...
One of the biggest benefits of having the FTZ (foreign trade zone) status is that you’re able to lease a general warehouse space or building to store your foreign-sourced products, raw materials, and more. Unlike bonded warehouses or temporary importing under bond...
As a logistics professional, you know all too well that all of the activities related to customs compliance are extremely important to get right... and that often means that they can also be terribly time-consuming. So many forms to fill, boxes to check. Tiny...
Whether you’re importing the latest trendy gadgets from China, tapestries from Morocco, or coffee from Peru, every qualified importer has the right to self-file their own customs entries. In this article, we’ll cover the basics of customs compliance for self-filing...
Whether you’re new to the freight forwarding industry or you’ve been in this line of business for a long time, it’s easy to marvel at how the industry has evolved in recent years. Methods and expectations today are far more complex than years past. They demand more...
What are Foreign Trade Zones (FTZs)? Foreign trade zones, typically centralized around major international airports, seaports, or national frontiers, are special economic zones wherein goods and merchandise are permitted to land, be repackaged, modified,...
The customer is king, even in B2B relationships. While consumers are notorious for having little tolerance for poor customer experiences, this is perhaps even more true in the business world, where people’s livelihoods and reputations are on the line. If you let...