13/02/2015
Three hazards of shipping by sea and how to avoid them
Oceans connect every continent in the world, and thus present wonderful opportunities to transport goods. However, while oceans offer great means for shipping, there are…
Supply Chain Management
20/01/2015
Avoid logistics and shipping pains by refreshing your knowledge of Incoterms!
To improve communication and mitigate the risks of misunderstandings, the ICC developed Incoterms to serve as universal trade definitions.
02/12/2014
Pros and cons of outsourcing your manufacturing in the international business environment
When it comes to international business, one of the most important issues that companies can face is whether or not to use a third party to help meet some of their manufacturing needs.
07/11/2014
Using Third Party Logistics (3PL) to optimize your supply chain management
Third-party logistics (3PL) is a common practice for supply chain management in which a company outsources logistics functions to another company. The functions that are…
09/09/2014
How to update your supply chain strategy for maximum efficiency
Without an efficient supply chain strategy in place, customers cannot be serviced properly and maximum profits cannot be achieved.
04/07/2014
How adapting product design can lead to supply chain improvements
Because more companies are outsourcing functions not directly related to their core
competencies, many specialist companies have grown up to provide those functions.
The strategic benefits of outsourcing include enhanced performance, better profitability,
and in the case of larger companies, increased shareholder value.
13/06/2014
Inventory basics for your global supply chain management
There is a wide range of terminology associated with inventory management. Some of the most common terms, concepts and issues regarding global supply chain management are detailed in the following paragraphs.
02/05/2014
Next #TradeElite networking session & recap of why international trade is all about profit margins
You’ve decided to start selling your product in a market outside your own borders. Maybe it’s an emerging market, or perhaps you’ve gone with a market that’s a bit more established; but either way you’re going to need a system to get your product to market. You’re going to need to develop an international value chain.
28/04/2014
Incoterms basics with an international business training instructor
My exposure to Incoterms goes back to 2002 when I took my first FITT-accredited international business course at Seneca College.
23/04/2014
Building a fast-paced career in global supply chain management and logistics
I graduated from Niagara College’s FITT Accredited Advanced Diploma program in International Business in 2011, having successfully completed business, logistics and commerce-related courses in both theory and application. Through my studies I developed an interest and desire to work in logistics and supply chain management.