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What Is Dunnage? Definition, Uses, and Types
Dunnage is a type of material used to fill empty spaces on ships, trucks, and other vehicles. Dunnage trucking helps to prevent shifting and damage during transport. Common materials used for dunnage include wood, metal, and plastic. This article will look at the definition of dunnage, its uses, and the available types. It will also […]
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11 Types of Warehouses: A Complete Guide to Their Uses
Warehouses are essential to the supply chain and logistics industry. They provide storage facilities for a company’s upstream and downstream supply chain inventory until it is distributed to its final destination. These storage facilities ensure the smooth flow of goods through the supply chain from the manufacturer to the customer. However, not all warehouses are […]
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Process Manufacturing: Definition, Benefits, and Industries
Manufacturing is the process of creating a finished product from raw materials or ingredients. This action is accomplished by using machinery, human labor, and other tools, with some manufacturing requiring chemical processes. There are various methods of manufacturing systems linked with producing final goods. Process is one of the main manufacturing methods. Modern manufacturing processes, […]
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Commercial Invoice: Definition and Terms
A commercial invoice is a customs-required document for any internationally sold shipment of goods. As a legal document, a commercial invoice plays an important role in facilitating the processing of products and owed taxes or duties. The following summary covers all you need to know about a commercial invoice and its role in international trade. […]
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The Ultimate Guide to Perpetual Inventory Systems: Benefits, Implementation, and Best Practices
In this guide, we’ll explore how a perpetual inventory system can revolutionize your business’ inventory management process and compare it to periodic inventory count systems. Throughout this guide, you’ll learn about the key differences between a perpetual system and periodic inventory systems. We’ll also discuss the pros and cons of using a perpetual inventory system […]
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Neo Bulk Cargo: Meaning, Types, and Examples
The shipping industry, the cornerstone of global trade, has witnessed the rising popularity of a distinct cargo category called neo bulk cargo. This innovative cargo type transforms the traditional bulk cargo model by integrating specialized equipment and practices for shipping various goods. In this article, we’ll delve into neo bulk cargo, its various types, and […]
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Supply Chain Control Tower: Definition, Types, and Implementation
In today’s global economy, effective supply chain management is increasingly complex. Companies face the challenge of ensuring timely product delivery, cost minimization, and consistent quality within a fragmented supply chain landscape. One solution gaining traction is the supply chain control tower (SCCT) model—a centralized hub for monitoring, managing, and optimizing all aspects of a supply […]
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Cosmetics Warehousing: What It Is, Importance, and Challenges
What is Cosmetics Warehousing? Cosmetics warehousing is storing and managing health and beauty products, skincare items, and other cosmetics. This type of warehousing service requires specialized knowledge due to the unique requirements of this industry. In today’s competitive business climate, companies in the cosmetics industry need to have an efficient supply chain. A dedicated warehouse […]
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Repetitive Manufacturing: Definition, Types, and Benefits
Technological advances have led to a higher quality of life for many individuals and efficiency gains for most businesses. However, there have been new challenges posed by technological advances, including pollution and waste. In response, some companies are adopting a new technique called repetitive manufacturing. This manufacturing process is designed to help minimize waste while […]
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Drop Ship Guide: Meaning, Benefits, and Tips
In 2023, analysts predict 265 million digital shoppers will buy products across the globe. With such a massive transition into the age of e-commerce, there are opportunities to make the most of this market dynamic. Enter drop shipping. Whether you consider it a get-rich-quick scheme or not, it has tons of profit potential, but it’s […]
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Container Ship: Definition, Types, and Design
Container shipping allows even small manufacturers and business owners to take advantage of economies of scale and transport their products to consumers around the world. Though many people have some understanding of what a container ship is and how they work, few understand the process on a detailed level, including operating costs, supply chain, port […]
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Bulk Cargo: Definition, Containers, and Handling
Bulk cargo poses unique handling and transportation challenges, due to its volume and weight. Effective bulk cargo handling requires a comprehensive understanding of the specific materials in transit and the appropriate storage, handling, and transportation methods to ensure safety and efficiency throughout the transaction. Container handling systems quickly and efficiently unload, load, and handle bulk […]
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Bonded Warehouse: Definition, Classes, and Benefits
International trade has increased by about 3.5% from the previous year, reflecting a trend that has been growing over several years. The increase in international shipping can be attributed in part to a growing global economy, which has introduced several new business opportunities. However, inventory storage remains a limiting factor as some products are fragile […]
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Warehouse Slotting: Definition, Benefits, and Best Practices
Planning and organization are the cornerstones of a successful warehouse. When a company’s inventory products are in their proper locations, pickers can quickly assemble and dispatch orders, increasing productivity and overall efficiency. This article explains warehouse slotting, its benefits, and best practices. What Is Slotting? Slotting refers to organizing warehouse inventory to maximize the efficiency […]
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Supply Planning: Definition, Process, and Best Practices
Supply planning is a business management tool that impacts supply, demand, and inventory levels. Retailers use supply chain planning systems to provide projected demand for products and materials needed to support those demands. The process is designed to balance plans for future demand with the availability of goods in inventory. Supply planning helps companies determine […]
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Plastic vs. Wood Pallets: Key Differences and Comparisons
Pallets are flat platforms used as a base for storing, stacking, handling, and transporting goods and products. Their design allows for lifting by a pallet jack, forklift, or other material-handling equipment. This design facilitates the efficient movement of goods through the supply chain, enabling easy loading and unloading onto trucks, ships, and other vehicles. Plastic […]
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Proforma vs. Commercial Invoice: Definitions, Examples, and Differences
There are significant differences between a proforma and a commercial invoice. Both documents look alike, so it is important to know how to differentiate one from the other. What Is a Proforma Invoice? A proforma invoice may answer a letter of inquiry from a potential buyer or provide the terms of a final invoice, so […]
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Order Fulfillment: Meaning, Process, and How To Optimize
The process of order fulfillment can be complex and time-consuming. However, it can be optimized with the right strategies and ultimately improve customer satisfaction, increase repeat business, and reduce costs.
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Discrete Manufacturing: Definition, Benefits, and Examples
In the past, manufacturing tended to involve long assembly lines with armies of workers playing a part in creating the finished products. This description fits well for conventional manufacturing industries. However, with rapid technological advancements, various alternative manufacturing options exist now. Discrete manufacturing is one of the most prevalent manufacturing processes that utilize a production […]
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Just In Time Manufacturing: Definition, Benefits, and Origin
New technologies, raw materials, and production strategies are being adopted daily as companies strive to remain competitive in their respective industries and to meet changing customers’ demands. Manufacturers must remain flexible and adaptable in their production methods to allow adjustments to their supply chain. Manufacturers can adopt many different production strategies, each with advantages and […]
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