In the world of international trade, efficient management of merchandise and timely distribution are key factors for success. One approach that has proven invaluable for import businesses is the utilization of bonded warehouses. These secure storage spaces provide a range of benefits, including deferred payment of customs duties and the flexibility to prepare goods for distribution. A bonded warehouse is a designated storage area where … Read More
The Fundamentals of Warehousing and Distribution
Finding the right warehouse and distribution center for your goods is crucial in making sure your cargo is being handled with care. To build successful warehousing and distribution services, it’s important to take note of a few key objectives and protocols and their functions. Location – the location of a warehouse is important when looking for your next partner. It’s recommended to find a warehouse near … Read More
Over-ordering Leading to Excessive Warehouse Volumes
Demand is high in the Global Supply Chain market, and warehouses globally are feeling the same pressures. The market is seeing a lot of delays in ocean transportation, airfreight, and domestic trucking, and data is showing logistics and warehouse sectors are stocking up in an effort to meet the demands. According to the Logistics Mangers’ Index (LMI) an index that reads expansion and contraction within … Read More