Supply Chain
Also known as: Supply chain management, SCM
An integrated network of organizations, people, activities, information, and resources involved in creating and delivering a product, from raw materials to the end consumer.
Also known as: Supply chain management, SCM
An integrated network of organizations, people, activities, information, and resources involved in creating and delivering a product, from raw materials to the end consumer.
A supply chain is the complete system of organizations, people, activities, information flows, and resources participating in transforming raw materials into finished products and delivering them to the end consumer. In international trade, the chain includes international suppliers, international transport, customs, warehousing, distribution, and last-mile delivery.
An efficient supply chain can reduce total import time from 30 days to under 15. Coordination between supplier, freight forwarder, customs broker, and inland carrier is key to avoiding costly delays.
Effective international supply chain management requires real-time visibility, coordination among multiple actors in different countries, and the ability to respond quickly to disruptions such as port closures, regulatory changes, or supplier issues.
Incoterms
International rules published by the International Chamber of Commerce (ICC) defining buyer and seller responsibilities for transport and delivery of goods.
LogisticsFreight Forwarder
A logistics intermediary that organizes and coordinates international transport of goods on behalf of importers and exporters, managing routes, documentation, and complementary services.
LogisticsCargo Consolidation
A logistics process of grouping multiple small shipments from different shippers into a single transport unit to optimize freight costs and space utilization.
LogisticsLast Mile Delivery
The final stage of the logistics chain comprising the delivery of goods from the distribution center or warehouse to the final recipient, whether a point of sale or customer's address.