A Guide to Global Logistics Terminology

Technological advancements, new market entrants, changing customer expectations, and changing business models have brought a major transformation in the logistics and supply chain industry. Logistics has always been an integral part of a business, but these changes have made it necessary to pay an undivided attention to every process of the logistics management. And to do so, it is imperative (especially if you are not using 3PL services) that you should know about every term associated with the logistics and transportation management. To know the same, you don’t have to search for every term on the world wide web as…

How to optimize inbound and outbound logistics?

As the whole world combats with coronavirus outbreak, efficient management of supply chain operations has become crucial for every organization. But what’s more important is to understand inbound and outbound logistics, which acts as building blocks for the supply chain management. As the name implies, inbound logistics is responsible for the inflow of the raw material from various suppliers to the manufacturing plants and then to the warehouse. On the other hand, outbound logistics is reverse of the former. The latter deals with the processes involved to deliver the goods from the vendor’s place to the customer’s destination. Let’s know…