Logistics
International Inventory Management
Planning and control of foreign trade goods stocks considering transit times, lead times, and customs storage costs.
Planning and control of foreign trade goods stocks considering transit times, lead times, and customs storage costs.
International inventory management must consider unique factors such as ocean transit times (20-40 days), customs storage costs, exchange rate risks, and variability in clearance times.
Supply Chain
An integrated network of organizations, people, activities, information, and resources involved in creating and delivering a product, from raw materials to the end consumer.
LogisticsWMS (Warehouse Management System)
Software controlling and optimizing warehouse operations: receiving, storage, picking, packing, and dispatch of goods.
FinancialLanded Cost
Total cost of merchandise delivered to the importer's warehouse. Includes purchase price, international freight, insurance, duties, DTA, VAT, broker fees, handling, domestic freight, and storage.