It’s the mantra you hear from any real estate professional: location, location, location. The right house in the wrong area is less desirable than the almost-right home in the ideal location.
When it comes to supply chain management, it’s necessary to recognize that there is no such thing as a one-size-fits-all solution. While Purchase Order (PO) Management systems can be daunting due to cost, technology and time involved, with the right partner, they can be tailored to manage your supply chain efficiently.
In 2019, over $2 trillion worth of goods were imported to the United States. Yes, that’s trillion, with a T – a lot of goods. We can safely assume that all the product did not move flawlessly from its point of origin to its destination in the United States.
A trucker picked up a full container of hats valued at $60,000 at the rail yard in the late afternoon, en route to the importer’s facility for a 9:00 AM appointment the following day.
A shipment of cornmeal was arranged on an ocean vessel from the Philippines to the United States. The cornmeal was susceptible to a certain pest, and the insurance provider advised the importer to require the shipper to bag and fumigate the cornmeal in a specific way.
In March 2008, the ocean vessel MSC Sabrina ran aground in the St. Lawrence River near Trois-Rivieres, Quebec, Canada. The vessel had more than 1,500 containers worth approximately $100 million in cargo.
While a shipment of printers was awaiting a connecting flight in an air carrier’s warehouse, a fire broke out from lightning striking electrical power plugs. The warehouse and its contents, including this shipment, were severely damaged.
On July 16, 2020, the Commodity Classification Standards Board (CCSB) issued Supplement 2 to NMF 100-AT. The National Motor Freight Classification (NMFC) class code changes will go into effect on August 15, 2020.
For many years, the trilateral trade bloc in North America has worked together to minimize the tariff and non-tariff barriers of trade between the United States, Canada and Mexico. The United States enacted a special trade program with Canada in 1988, called the Canada-United States Free Trade Agreement (CFTA).