The last mile in the supply chain

Last-mile logistics is arguably the most important stage in the entire supply chain. This generally includes receiving an order from a warehouse and delivering it on time to the right…

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Optimizing warehouse space

Optimizing the storage capacity of a warehouse is a delicate balance between using available space and maximizing productivity and profit. Every square centimeter of the surface area in a warehouse…

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What is inventory management?

Usually, companies do cycle counts to check inventory balances at the end of either each financial year or calendar year. This activity is fundamental in stock management. However, what does…

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Can I outsource HS classification?

What is HS classification? HS Classification refers to the process of assigning a tariff code to a product. This is a series of alphanumeric characters that describe a product to…

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International Trade Compliance Certification

Certifications for Trade Compliance professionals Many Global Trade Compliance professionals complain that there are insufficient certifications and courses available that are relevant to the industry. Specifically, no widely recognized International…

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Can Trade Compliance be outsourced?

What is trade compliance? In the supply chain and logistics industry, "trade compliance" usually refers to the governance processes that cover HS classification, export controls, Customs valuation, import and export…

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Singapore HS code for import

What is the Singapore HS code of a product? All products being imported to and exported from Singapore need to be declared to Singapore Customs. In order to make the…

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General Average clause in shipping

General average clause in shipping industry The general average concept in shipping deals with losses arising during ocean transport that need to be shared between all cargo owners shipping on…

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What is volumetric weight?

What is volumetric weight? The volumetric weight can also be called volume weight. It represents the weight of a package and its dimensions. Courier/Parcel companies often use volumetric weight and…

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What is a packing slip?

What is a packing slip? Packing slips are commercial documents that validates the delivery of an order. In other words, it is used to confirm that you delivered a product…

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