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.
Shipping In-Bond What is meant by shipping a commodity in-bond is the product is moving within the United States borders, but has not yet been cleared through the US Customs processes to officially enter the US government authority to be consumed by citizens or companies domiciled in the US.
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 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.
Why Validating Your Freight Carrier's Operating Authority and Saftey Rating is Important Hiring a motor carrier to operate for a shipper or freight broker is more than an exercise of sorting a spreadsheet to determine the lowest price freight service provider.
Definition of a Foreign Trade Zone (FTZ) A United States foreign trade zone is a designated area that is authorized by US Customs and Border Protection (CBP), where commercial product receives the same treatment as if it were outside the US.
Definition of CTPAT (Customs Trade Partnership Against Terrorism) CTPAT is a voluntary logistics and supply chain partnership program led by the US Customs and Border Protection Agency (CBP) with the goal of improving the security of the United States borders.
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.
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.
There is a significant difference between inbound and outbound freight characteristics. Think of inbound as the lifeblood that feeds an organization’s ability to produce high-quality products in the quantities demanded for its customers, and outbound as the delivery of its end salable products going out to its customers.
The real estate phrase location, location and location is used to point out to buyers a home can increase or decrease in value due to its location. The reason for repeating the location three times is because location cannot be emphasized enough in real estate decisions.