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Introduction In logistics, effective and comprehensive cash flow management is important to ensuring proper service delivery. In this regard, Accounts Receivable (AR) and Accounts Payable (AP) are two useful components of the process. Accounts receivable, or AR, indicates the amount that clients still owe logistics companies for services rendered, and accounts payable, or AP, indicates […]
Introduction In the logistics transportation business shippers are always in search for ways on, how they can cut down on freight cost. However, choosing the best freight shipping and transportation services that are cost-effective for your bottom line can be difficult due to the many variables that go into rate calculations. Knowledge of these variables […]
NCD NCD is a customs broker company located in Brazil but has a wide network of operations in the international market. Focusing on manufacturing advanced industrial machinery, they are involved in importing and exporting their products to serve the global market. However, as their operation progresses the issues related to customs regulations, clearance procedures, and […]
Introduction It is, therefore, very important for any business to have proper control over freight costs especially to make good profits. Some of the most useful approaches that can be initiated to this end include proper pricing and tariff management. This approach not only assists in obtaining competitive rates from some different carriers but also […]
PARS PARS, an Australian company deals with cross-border parcel services. The organization provides satisfactory parcels shipment and services, and outstanding customer service in many countries. The global reach and local experience guarantee flexible, efficient, and personalized service that covers Australia, Russia, and other parts of the globe. It has 43 central and regional trans-shipment centers […]
DueWay DueWay is a business firm operating in the transportation and logistics services sector for many years. The company provides daily LTL, last mile, and TL services to shippers in consumer goods, food, and beverages, building products, printed material, and machinery. DueWay is located in the USA as well as in Japan. Furthermore, DueWay offers […]
Introduction As business experts, we constantly want operations to follow a clear description of a specific procedure in a simple way. Standard Operating Procedures (SOPs) are the foundation of orderly business operation as they provide guidelines on how specific tasks should be accomplished. By adopting SOPs, Warehouses can profit from ease of safety, stock control, […]
Introduction Accounts Payable (AP) is an important subprocess, that involves timely payments of the invoices and keeping of accurate records. The statistics show that 54% of the companies experienced the problem of delayed payments and it takes several days to get the payment. However, the AP process is often followed by several problems that can […]