What is Switch BL? A switch BL is a second set of BLs issued by the carrier upon the request of the consignee. The second set of BLs issued with different supplier name, consignee name, notify party, and destination. These 2nd sets of BLs are always issued in exchange of the 1st set of issued […]
The Automotive Industry in the World Have you ever dreamed about owning a car? For many, the answer is yes. We are dreaming about vehicles. Not only cars. What is the Automotive industry? A proper combination of Designing, manufacturing, marketing, selling and research and development activities is called the automotive industry. Trucks and buses, light […]
Intelligent Transport System Have you ever been stuck in heavy traffic congestion? If yes, you have the experience of time-wasting, tiredness, and frustration. Traffic congestion could delay your trip from five/ten minutes to several days. Did you know that the worst traffic congestion in history was continued for 12 days? This was reported in August […]
Inbound Logistics Outbound Logistics What are Inbound Logistics and Outbound Logistics Inbound logistics is responsible for bringing supplies or materials into a company, whilst outbound logistics is responsible for moving goods and products to customers. Both are concerned with the transportation of commodities, whereas incoming is concerned with receipt and outbound with delivery. Materials and […]
What is the Single Period Inventory Model A single period inventory model is a method where the order is placed only once rather than repeating the same order quantity continuously. This is due to the demand remain for a short time period. At the end of the demand, some items may have a salvage value […]
Internet of Things, or IoT is a powerful technology behind the curtains in revolutionized activities taking place in various industries including finance, health, education, Logistics, Supply Chain, and transportation. Market analysts predict the number of IOT connections to be growth up to 6.2 billion by 2030 which was 1.8 billion in 2020. So, What is […]
Resilient supply chain Uncertainty is the most certain thing in the world and forgotten the most. The lessons learned from COVID 19 are many. And the important part is to reshape the supply chains to minimize the disruptions due to unforeseen events with the lessons learned from COVID 19. The developments of the world were […]
What is Omnichannel Fulfillment? Omnichannel fulfillment or omnichannel strategy or omnichannel order fulfillment is a new way of selling in online marketplaces as well as in physical stores. The omnichannel process is the combination of activities where orders are sorted, packed, labeled, and shipped from a central location in a synchronized manner. Basically, from the […]
E Logistics -Introduction We will look into the concept of E Logistics, its process, and its relationship in e-commerce businesses. By now, you should be well aware of what is Logistics and how important Logistics is to your business. With the more attention towards online business platforms, the requirement of E Logistics has increased. E […]
Reverse Logistics is operationally related and focuses on adding value to the reversal procedure of a supply chain. Or the flow of a product from a customer to the manufacturer is considered reverse Logistics. Hence we could say reverse logistics is the “Operational process of planning and executing of the reverse flow of products in […]