A guide to understanding how the two most frequently used methods of goods flow management in warehouses and companies work The Fifo and Lifo methods are two goods flow management systems that are widely used in warehouses and companies. Both methods are used to keep track
Cross docking is a supply chain technique to improve warehouse logistics management. This distribution strategy involves the immediate processing and distribution of goods as soon as they arrive from the supplier, without them being handled and stored in the warehouse. In other words, the goods
CPT, literally "Carriage Paid To" is one of the clauses in international sales contracts and is intended to specify that the seller is solely responsible for the shipment of the goods and their transportation. By "transportation" the term CPT means the journey from the place of
"Free port" and "assigned port" are terms easily encountered in the world of trade and shipping. But what is their meaning? What are the differences between one and the other? In this article, we investigate all the basic aspects related to these two terms and
Let's delve into one of Incoterms 2020, the rules for domestic and international commercial transactions in terms of ownership, payment and delivery: today we are talking about DAP, or "Delivered at Place," which is often associated with DDP, "Delivered Duty Paid." What do they mean
What is the Bill of Lading? The Bill of Lading (B/L) is a basic document of the transportation industry, used in domestic and international shipping. The Bill of Lading certifies: The boarding of the goods in a specific ship at a specific port. The carrier taking over
Import and export regulations in China and the customs procedures required can cause problems for Italian companies that have decided to trade goods with the Chinese market. Let's take a look at some useful information for shipping to and from China. Exporting to China: Certifications and
Find out what incoterms are, the rules that precisely identify the seller's and buyer's responsibilities, as well as the costs of transporting goods.
Ex Works is one of the Incoterms that regulates the exchange of goods. Find out what this delivery term means and learn about the risks and costs.
The EDI system is a technology that enables the inter-company exchange of standardized data, such as invoices and delivery notes. Read more about it in the article.