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 […]
Ecommerce Packaging to Reduce Costs
As online shopping and the world of e-commerce takes over, the standard of packaging has increased too. Ecommerce businesses are forced to step up and […]
Top Tips And Tricks For Hiring Storage Containers
When you plan to obtain a storage container, the first thing that should come to your mind is whether you should buy one or rather […]
How Blockchain Will Transform the Supply Chain and Logistics Industry
The blockchain technology has been around for a decade now. There are many stories circulating about this technology’s potential implementations in various business processes across […]
8 Common Inventory Management Mistakes You Must Avoid
Having an inventory is one heavy task. Taking care of all the products. Looking after the accounts. Tracking accidental damages and whatnot! Yes, all this […]