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Pre-shipment inspection (also preshipment inspection or PSI) is a part of supply chain management and an important quality control method for checking the quality of goods clients buy from suppliers. PSI helps ensure that production complies with the governing specification, contract, or purchase order. A final random inspection (FRI) checks ...
IBM announced its latest blockchain initiative today. This one is in partnership with KPMG, Merk and Walmart to build a drug supply chain blockchain pilot. These four companies are coming together ...
Supply chain surplus, also known as supply chain profitability, is a common term that represents value addition by supply chain function of an organization. Jonathan Birkin also defines supply chain surplus as "the difference between the revenue generated from the customers and the overall cost across that supply chain."
Vendor-managed inventory (VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor.
Dockers loading bagged cargo. FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce.
Built for the Tees Union Shipping Co. and sold in 1908. [12] [6] Juno: 1882: 1,311: Built for the Tyne Steam Shipping Co. Detained at Hamburg and abandoned to insurers. [12] Tynesider: 1888: 1,378: Built for the Tyne Steam Shipping Co. and sold to the Hellénique de Navigation à Vapeur de Syra, Greece, and renamed Neilos. [12] Grenadier: 1895: ...
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