If you're trading globally or managing large-scale supply chains, it's freight logistics that keep your goods moving. Third-party logistics (3PL) If logistics isn’t your thing, but you want the benefits of expert handling, third-party logistics (3PL) providers can help. They take care...
Formula 1 must be 100% sustainable* by 2026. We’re working to develop a new fuel for the BWT Alpine F1® Team. But using fuel like this doesn’t end when the race does as what we learn could potentially be applied to develop fuels for wider transport use. ...
Another example is large or bulky products. Only a limited number of 3PLs are able to handle and ship these products safely and accurately. If you sell products like furniture, appliances, outdoor equipment, and other large items, you need an experienced 3PL partner that can helpship large o...
There is over a 70% difference in profits. You may argue that FBA Shipping fees will be higher than Vendor Central freight allowances and that some damage allowance should also be allowed for FBA orders. However, even if you grant these concessions that difference in profits is still huge. ...
Cost of goods sold (COGS) does not appear on a company’s balance sheet. Rather, it is found on the income statement. COGS is one of the variables for calculating gross profit, which does appear on the balance sheet. What is cost of goods sold in P&L?
Freight invoice Aggregate on-hand by warehouse and inventory status Inventory charges Quotation Use the enhanced Gantt control to develop interactive scheduling scenarios. The enhanced Gantt control lets you develop new interactive scheduling scenarios and deliver enhanced APIs that can be...
Why inbound logistics are critical to running a profitable business Inbound logistics is essentially the process of getting things into your company. This is crucial no matter what business you run: businesses selling goods need to get raw materials to sell to customers, while service providers ne...
The item does not match the online description and they don’t want it They returned the item, but didn’t receive a refund They cancelled the order, but it was still sent They don’t remember making the purchase, so their card must have been compromised10 True fraud. Apart from your ...
Other cost-cutting strategies include dynamic pricing, getting discounts from carriers, and looking at freight marketplaces. 5. Meeting Customer Expectations Customers expect fast and free delivery; in some areas, same-day or even two-hour delivery is the norm. They want to see the status of th...
If you sell high-value products or services, check your customer’s credit score before delivery to ensure they can pay their bills. You can also request upfront or partial payment before completing a job or delivery to ensure you get paid and have enough money to cover your costs. 4. ...