Logistics Insights Hub

3PL - 3rd Party Logistics Provider

3PLs manage key logistics and supply chain functions for your company, including transportation, warehousing, and inventory. They act as an extended a...

Agile Supply Chain

An Agile Supply Chain is a supply chain management approach that emphasizes flexibility, responsiveness, and adaptability to quickly adjust to changin...

Blockchain in Supply Chain

Blockchain is a decentralized digital ledger technology that ensures secure and transparent record-keeping in supply chain operations. It provides re...

CFR - Cost and Freight

CFR: Cost and Freight is an Incoterm used in international trade, where the seller is responsible for delivering goods to the named port of destinatio...

CIF - Cost, Insurance, and Freight

CIF: Cost, Insurance, and Freight is an Incoterm used in international trade, where the seller is responsible for delivering goods to the named port o...

CPG - Consumer Packaged Goods

CPG (Consumer Packaged Goods) is a category of products that are packaged and sold to consumers. They include items like food, beverages, toiletries, ...

CPT - Carriage Paid To

CPT: Carriage Paid to is an Incoterm used in international trade that specifies that the seller is responsible for the cost of transporting goods to a...

DAP - Delivered at Place,

DAP: Delivered at Place is an Incoterm used in international trade that places the maximum responsibility on the seller. It signifies that the seller...

DDP - Delivered Duty Paid

DDP: Delivered Duty Paid is an Incoterm used in international trade, where the seller takes full responsibility for delivering goods to the buyer's lo...

Demurrage

Demurrage is a charge incurred when cargo or containers are delayed beyond the allowed free time at a port, terminal, or depot. It's a penalty fee de...

Demurrage vs. Detention

Demurrage is a charge imposed on the consignee or cargo owner for the delay in removing cargo from the terminal or port after the allowed free time ha...

Disaster Recovery and Business Continuity

Disaster Recovery (DR) and Business Continuity (BC) are strategies that organizations use to prepare for and respond to unexpected disruptions. While ...

DPU - Delivered at Place Unloaded

DPU: Delivered at Place Unloaded is an Incoterm used in international trade, where the seller is responsible for delivering goods to a named destinati...

Dwell Time

Dwell time is the duration that cargo, containers, or vehicles remain at a specific location, such as a port, terminal, warehouse, or distribution cen...

ESG - Environmental, Social, and Governance

ESG (Environmental, Social, and Governance) is a comprehensive framework for evaluating a company's environmental, social, and governance practices. ...

EXW - Ex Works

EXW, or Ex Works, is an incoterm that refers to a trade agreement where the seller makes goods available at their premises, and the buyer is responsib...

FAS - Free Alongside Ship

FAS: Free Alongside Ship is an Incoterm used in international trade, where the seller is responsible for delivering goods alongside a named vessel at ...

FCA - Free Carrier

FCA (Free Carrier) is an Incoterm where the seller delivers the goods, cleared for export, to a carrier chosen by the buyer at a specified location. I...

FOB Shipping Destination

FOB Shipping Destination, or "Free On Board Shipping Destination," is a shipping arrangement where the seller retains ownership and responsibility for...

FOB Shipping Point

FOB Shipping Point, or "Free On Board Shipping Point," is a shipping arrangement where the buyer takes ownership and responsibility for goods once the...

Incoterms

Incoterms, or International Commercial Terms, are a globally recognized set of rules for international trade. They were created by the International C...

Last Mile Delivery (LMD)

Last Mile Delivery refers to the final stage of a product's journey from a distribution center or fulfillment center to its destination, typically a c...

OTIF (On-Time In-Full) in Logistics

OTIF (On-Time In-Full) is a pivotal key performance indicator in logistics and supply chain management. It assesses a company's ability to deliver pro...

Scope 3

Scope 3 emissions refer to indirect greenhouse gas emissions produced throughout a company's value chain, including the entire supply chain, transport...

Supply Chain KPIs

Supply Chain Key Performance Indicators (KPIs) are measurable metrics used to evaluate the effectiveness and efficiency of a company's supply chain pr...

Supply Chain Resilience

Supply chain resilience is the ability of a supply chain to anticipate, prepare for, respond to, and recover from disruptions efficiently. It involves...

Transportation Management Systems (TMS)

A Transportation Management System (TMS) is a software solution designed to efficiently plan, execute, and optimize the movement of goods within a sup...

YMS - Yard Management System

YMS (Yard Management System) is a software solution that optimizes the management of trailers, containers, and assets within distribution centers or w...