17 Sep 2023
LogisticsAir Freight vs. Sea Freight
To source materials and move products when it comes to international shipping,
a company has to make choices. The most important decision is choosing the
kind of transport to use between sea freight and air freight....
17 Sep 2023
LogisticsCompany's Distribution Channel and Product Flows
Section I
Long distances that the company covers to distribute its products to its
customers is a big issue for the enterprise. Goods spent considerable time
along the way before being delivered to the client...
17 Sep 2023
LogisticsWhat is Supply Chain Management (SCM)?
Supply chain management is the control of resources, information, finances,
and all logistics as they as they are transferred in a process from the
supplier to manufacturer and then wholesaler to stores for...
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17 Sep 2023
LogisticsCMMI Implementation - Best Practices
Risk management is a process that identifies, assess and control threats to a
company’s capital and earnings. The risks and threats of an organization
emanate from a broad variety of sources such as legal...
17 Sep 2023
LogisticsHow to File a Contract Protest
A contract protest refers to the challenging of a proposed award or an awarded
contract for procurement or any other service provision. In terms of
government contracting, it refers to the challenging of contracts...
17 Sep 2023
LogisticsThe Importance of Ethics in Contract Management
Contracts are vital in any professional relationship as they create a legal
basis and define the terms and conditions of the transactions. They are the
foundation of business transactions with well-defined roles that...
17 Sep 2023
LogisticsThe History of Lloyd’s of London
Lloyd’s is a reinsurance and insurance market with its headquarters in London,
United Kingdom. Unlike other insurance firms, Lloyd’s is a unique in that it
operates like syndicate bringing different people together...
17 Sep 2023
LogisticsManifesting Your Desires: The 7 Universal Rules
Following the increased rates of logistics-related criminal activities such as
drug trafficking, smuggling, terrorism, theft, and fraud, the United States
Customs and Border Protection published a series of rules to...
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17 Sep 2023
LogisticsInfrastructure Difficulties in Logistics
Infrastructure Difficulties in Logistics
Infrastructure is a term used in reference to roads, airports, railways, mass
transit, water transport, electric power generation and distribution and other
facilities that...
17 Sep 2023
LogisticsHow to Do a Reverse Price Analysis
Reverse price analysis
Reverse pricing offers an opportunity for customers to determine their pricing
requirements independently without accessing cost data from the suppliers. The
process of suppliers sharing...