7 Supply Chain Outsourcing Strategies That Will Triple Your Revenue
Logistics and supply chain is one of the most challenging concepts for eCommerce businesses. Due to the increasing global demand for procurement, manufacturing, logistics, and […]
Field 39A Percentage Credit Amount Tolerance in Letter of Credit (LC)
Field 39A is the percentage credit amount tolerance mentioned in the MT700 SWIFT message of the Documentary Letter of Credit. The tolerance is for both […]
Why Health & Safety Is Critical in the Supply Chain Industry
Supply chain management is one of the world’s most critical infrastructures. It is an important process of managing and coordinating the shipping of goods and […]
15 Common Warehousing Mistakes Increasing Inefficiencies & Business Costs
With the rapid rise of e-commerce, especially with the Covid-19 outbreak, the demand for warehousing has drastically increased. Typically, online retailers offer a wider array […]
Field 48 (‘Period for presentation in days’) in Letter of Credit (L/C)
F48 is an optional field in MT700 swift message of Documentary letter of credit. F48 (Period of Presentation) field defines the period of time in […]
How to Keep Track of Your Freight Shipments
Tracking freight used to be a difficult task, as railyards and shipping companies relied on pencil-and-paper logs. Now, with AEI tags and other easily-tracked technology, […]
Field 57A (‘Advise Through’ Bank) in Letter of Credit (L/C)
Previously I’ve discussed important fields present in a Letter of Credit (i.e F46A Required Documents, F47A Additional Documents, etc.). Here we will discuss Field F57A […]
Key Steps for Developing a Supply Chain Employer Branding Strategy
Reaching the top in the supply chain industry is challenging but that task is even more demanding if you don’t have the right people working […]
What Services can a Freight Forwarding Company Offer You?
The shipping world is rising rapidly, and so is the importance of a right freight forwarder or forwarding agent. It’s because they act as one […]
Proven Ways to Cut Costs & Lower Your Business Expenses
The end of the year (and decade) is closing in, and you have yet another wonderful chance to look at your business and your operations […]