At the moment, nearly 20 million of shipping containers moving around the globe, carrying goods worth in trillions of dollars annually – and this accounts as high as 90% of the global trade. With that numbers in mind, doesn’t it make sense to have a breakthrough and assurance in shipping and logistics? That’s where smart containers come in play.
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When it’s usually the coastal cities making a strategic spot for logistics and shipping industry, today will not really be the case as now even inland cities can act as a bridge between exporting and importing countries, due to the space restraint on the former. More people and land, translates to potential for development and the government are doing just that.
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Supply chain management is a process to manage and anticipate supply chain activities to maximize customer experience and achieving a sustainable competitive edge a the same time.
…Choosing the right Incoterms suitable for your business is certainly takes a significant part of your export/import business. Deciding the wrong one can be a hassle and certainly losses that can simply be avoided with thorough research and finding it’s compatibility with your business model. …
Which common Incoterms used frequently around the world? Referring to the latest version of Incoterms, there are 11 different sets of trade codes that you can use, with each of them have their own distinct procedures, risks, and ‘who pays what’ that you can use as part of your decision making process, when exporting or importing products. …
