Definition of Offshoring Offshoring is defined as moving manufacturing or other business processes overseas versus having them operate domestically.
Definition of IPI Freight or Interior Point Intermodal IPI freight is used to define inbound freight moves from a port to a shipper’s door within the interior of the country via a domestic or international intermodal container.
Everything you need to know about domestic intermodal and how to be successful implementing it into your logistics strategy. Gives tips, tricks and insights on intermodal and what to watch out for when converting from truckload to intermodal.
Definition of an ISO Container An ISO container is an international intermodal container that is manufactured according to the specifications outlined by the International Organization for Standardization (ISO).
The order-to-cash cycle is the set of business processes associated with receiving a customer order through to the customer’s payment.
Difference in Supply Chain and Logistics A supply chain is the network between a company and its suppliers and customers that includes all the transactions involved in transforming raw goods into salable products.
Definition of Logistics Logistics and logistics management is a subset of processes that fall under supply chain management that plans, executes, reports and coordinates the movement of goods within an organization’s network of stakeholders that include:
Definition of Third Party Logistics Company (3PL) A third-party logistics company (3PL) offers outsourced logistics and supply chain service solutions for shippers. A company can outsource all or just a portion of their logistics requirements.
PaperWorks invited its freight carriers to its Wabash, Indiana paper mill for its annual Freight Carrier Event for all those operating within its managed freight services program.
At the most recent MercuryGate users conference Shelli Austin, InTek Freight & Logistics President, and Adrian Gonzalez, Founder of Talking Logistics, had an opportunity to talk on a number of logistics and supply chain challenges shippers face in today’s market.
Everyone wants to save money and keep their job, so when unprecedented moves in freight pricing occur, CFO's all across the USA begin calling their freight, logistics and supply chain teams into their office telling (not asking) them freight costs cannot continue to be a negative to the P&L.