costs

Incoterms® 2020 – Beware of What is Changing to Avoid Risk

As per January 2020, a new set of Incoterms® 2020 will become active. This is a set of trade terms which describe: Obligations: Who does what in organizing the carriage, insurance of goods, obtaining shipping documents, arranging for export or import licenses; Risk: Where and when the seller delivers the goods, in other words where …

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Where Are Your Supply Chain’s Hidden Costs?

Know your supply chain costs today to optimize it tomorrow! If your company hasn’t designed and implemented a supply chain strategy, then the individual colonies within your supply chain (purchasing, sourcing, logistics, warehousing, customer fulfillment, production planning, etc.) probably aren’t working together to win the fight against the British (in this example, “the fight against the …

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