Just-in-Case Inventory Management
Understanding Just-in-Case Inventory in Supply Chain Just-in-Case (JIC) inventory management concentrates on keeping extra stock to accommodate unexpected demand or supply disruptions. It makes sure that companies are still...
Centralized and Decentralized Warehouse
What is a Centralized Warehouse? A centralized warehouse is a one-point warehouse where products are stored and distributed to an entire organization. The model improves management of inventory and...
Supply Chain Metrics
What are Supply Chain Metrics? Supply chain metrics are various performance, efficiency, and reliability indicators of the supply chain operations of a particular company. They basically check the management...
Charter Shipping
What is Charter Shipping? Charter shipping is when companies hire ships to carry goods without owning them. It facilitates international commerce, allowing firms to utilise flexible transportation services and...
Modes of Transportation in Logistics
What Are the Modes of Transportation in Logistics? Logistics transportation is anchored on modes of transport such as road transport, rail transport, maritime transport, and air transport. All these...
Transshipment
Transshipment Meaning The transshipment meaning can be explained as the process of transferring cargo between vessels in order to arrive at the final destination. It is a vital part...
