E-commerce is changing the world in many different ways. One of the places where the majority of the changes happen is along the supply chain. One part of the supply chain is materials handling and its equipment.
Supply Chain Management Challenges
Supply chain management (SCM) is the process by which supply chain activities are managed to have an advantage over competitors as well as maximize the value of our customers. It basically represents the efforts by which the supply chain management solutions help to develop and manage supply chain activities in the most efficient way.
To provide this balanced insight, we canvassed our panel of internal experts and identified the following supply chain management challenges.
Foreign Trade Zone (FTZ) Advantages & Benefits
What is Foreign Trade Zone (FTZ)?
A Foreign-Trade Zone (FTZ) is a zone authorized as exempt from many regular US Customs rules and regulations. There are many Foreign Trade Zone (FTZ) Advantages & Benefits that importers can take advantage of to improve:
- cash flow
- increase global logistics efficiency
- reduce redundant or unnecessary logistics costs
- retain flexibility
What is the Difference Between Freight and Transportation?
In the logistics and supply chain industry, freight and transportation are not interchangeable terms.
