Supply Chain Management

Pipeline Inventory is an essential concept in the world of business, referring to goods that have been shipped by the seller but have not yet reached the buyer. This inventory is in transit, moving from one location to another within the supply chain. Understanding pipeline inventory is crucial for effective inventory management, helping businesses ensure […]

Port Mark is a term commonly used in international shipping and logistics. It refers to the specific markings placed on cargo and shipping containers to indicate the port of destination. These marks help ensure that goods are correctly routed and delivered to their intended location. Understanding port marks is crucial for anyone involved in global

Post-entry duty refers to additional customs duties imposed on imported goods after they have been initially assessed and cleared by customs. These duties are usually the result of re-evaluation or reclassification of the goods, changes in tariff rates, or errors in the initial declaration. The concept is significant in international trade and accounting, as it

Physical distribution is a crucial element in the supply chain that involves the movement and storage of goods from the point of production to the end consumer. For students of accounting and finance, understanding physical distribution is essential because it affects various financial aspects such as costs, inventory management, and overall profitability. What is Physical

Physical distribution management is a crucial aspect of logistics and supply chain management that focuses on the efficient movement and storage of goods from the point of production to the end consumer. This involves planning, implementing, and controlling the physical flow of products to ensure they reach customers in a timely and cost-effective manner. For

Primage is a term commonly encountered in trade and commerce, especially in shipping transactions. It refers to an additional charge imposed on goods to cover various expenses incurred during transportation and handling. Understanding primage is crucial for professionals involved in international trade and logistics. What is Primage? Primage is a fee charged by carriers, such

Introduction: Port marks are essential identifiers used in the shipping industry to denote the destination or handling instructions for cargo containers. They help ensure efficient and accurate movement of goods between ports and assist in tracking shipments throughout the supply chain. Understanding port marks is crucial for anyone involved in logistics, transportation, or international trade.

Introduction: Post-entry duty assessment is a process in international trade where customs authorities review and evaluate imported goods after they have entered a country. It involves verifying the accuracy of declared information, assessing applicable duties and taxes, and ensuring compliance with trade regulations. This article aims to provide learners with a comprehensive understanding of post-entry

Understanding the concept of protective duty is crucial for comprehending trade policies and their impact on businesses and economies. But what exactly does protective duty mean, and how does it influence international trade? Let’s explore this topic in simple terms to understand its significance. Protective duty, also known as a protective tariff, refers to a

Unlocking Public Warehouses: A Beginner’s Guide Public warehouses serve as crucial hubs in the supply chain, offering storage and distribution services to businesses of all sizes. Understanding the functions and benefits of public warehouses is essential for companies seeking efficient inventory management and logistics solutions. Let’s explore the world of public warehouses, highlighting their significance