Parts Scrapping

Parts scraping in industrial manufacturing refers to the process of removing or discarding products that do not meet...

Parts Purchasing Agent

A Parts Purchasing Agent is a professional who is responsible for purchasing materials, equipment, and other supplies...

What is an AWB (Air Waybill)? Any package that is being sent internationally by air courier will have a unique number...

Running a business that sources products from developing markets such as China and Taiwan, you will inevitably come...

A 3PL (Third-Party Logistics) partner or service assists e-commerce merchants with supply chain management. Warehouse...

A bill of lading (BL or BoL) is a legal document that shows the type, amount, and destination of the goods being...

Methods and technologies that can streamline and minimize costs in the supply chain are continually being updated and...

What is eProcurement? Procurement, alternatively referred to as electronic procurement or supplier exchange, is the...

What is Nearshoring? Nearshoring is the practice of outsourcing to a country that is physically close to your own and...

Activity based costing (ABC) is a more accurate way of allocating manufacturing overhead costs because it first...