MercuryGate is a competitive cloud based SaaS transportation management software (TMS) that is proven to build a competitive advantage for today’s shippers, 3PL's, freight forwarders, freight brokers, and even carriers.
Definition of Offshoring Offshoring is defined as moving manufacturing or other business processes overseas versus having them operate domestically.
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.
Sustainable Supply Chain Defined Supply chain sustainability are the business decisions and processes that effect the environment, in terms of waste, CO2 emissions, fuel consumption and other similar issues.
Definition of US Customs Harmonized Tariff Schedule (HTS) The harmonized tariff schedule (HTS) is the primary source to classify goods imported and exported from the country, used by the United States Customs and Border Protection as a means to record international trade activity by product and collect duties and taxes. The foundation of the HTS is the baseline schedule used by all countries for international trade.
Definition of Nearshoring Nearshoring is where a business moves its operations to a nearby country from one of greater distance. Nearshoring is a term that came out of the practice of offshoring, which is when companies move their product manufactured to a lower landed cost region than that of their native country.
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.
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.
Definition of Omnichannel Distribution: Omnichannel distribution is a multichannel approach taken by companies to give customers a way to purchase and receive orders from several sales channels with one-touch seamless integration.
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.