Global Supply Chain Management

Latest Posts

Field 50 Applicant in Letter of Credit (LC)

April 8, 2021Mukit Comment

F50: Applicant is a mandatory field in MT700 SWIFT message. This field specifies the party on which request the LC is issued. Actually, [...]

Proforma Invoice in the LC

April 4, 2021Mukit Comment

Proforma Invoice (PI) is a must document for Letter of Credit. This document provides information regarding goods/services quantity, price, delivery, buyer and seller [...]

How to Optimize Your Procurement Process

April 2, 2021Mukit Comment

An effective organization has, among others, an efficient procurement process at the core. An optimized procurement strategy has a positive domino effect throughout [...]

Supply Chain

Why Health & Safety Is Critical in the Supply Chain Industry

January 12, 2021Mukit Comment

Supply chain management is one of the world’s most critical infrastructures. It is an important process of managing and coordinating the shipping of [...]

How Blockchain Will Transform the Supply Chain and Logistics Industry

December 4, 2019December 12, 2019

13 Ways to Improve Supply Chain Management for Business Growth

October 25, 2019