Make-to-stock (MTS)

What is Make-to-stock (MTS)? Make-to-Stock (MTS) is a traditional approach to manufacturing, where companies produce...

Adaptability in Supply Chain Management

What is Adaptability in Supply Chain Management? Adaptability in supply chain management refers to an organization's...

Enterprise Resource Planning (ERP) is a software system that integrates various business processes and functions into...

Agile procurement is a modern and dynamic approach to purchasing goods and services that emphasizes flexibility,...

What is "scraping" in industrial manufacturing Parts scraping in industrial manufacturing refers to the process of...

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...