What is certificate of origin?

A certificate of origin is a document used in international trade. You might come across it as CO, which has the same meaning. The exporter is most interested in this valuable document because it declares the official origin of the goods. In short, the CA confirms that the contents of a consignment guarantee that goods purchased, manufactured or processed in the same country are fully purchased. Each country must know the true origin of the goods when they are imported in order to calculate the value for customs duties and to determine whether they are legally transported to the destination.

What is Digital Transformation in Logistics?

Studies in the logistics industry show a clear need to update current work models. Logistics, supply chain and shipping managers need more flexibility in business operations to optimize the entire process. This will only improve the overall customer service and reduce some manual operations, which will save a lot of costs for one company. Today, a revolution in this direction is the digital transformation in logistics technologies that are fully contributing to the logistics business. It is the way to increased operational efficiency and customer satisfaction. Digitization makes a number of companies competing in this highly challenging business development world.

What Is Economy Shipping – What It Means & How It Works

What is economy delivery? What does it mean and how does it work? These are the questions that make any fan of online commerce exciting. If you are one of the people looking for the best deals, then browse for items that offer free shipping or so-called low-cost shipping. Trade is a driving force in the economy today, so don't miss out on the many opportunities it offers you as a customer. What is economical delivery? Sometimes the urgent need for a certain type of goods requires the payment of a solid amount for express delivery with different modes of

HTS Code Harmonized Tariff Codes

HTS code is an integral part of international trade. These harmonized tariff codes have been developed by the World Customs Organization (WCO). They represent a standardized international system for the classification of goods dispatched. They enable tracking and receiving information on the number of goods of a given type from different countries. Now is the time to learn more about international shipping classification methods, the two HTSs and HSs and their differences, their use, and so on. It will be useful for anyone with an international trade relationship - daily or less frequently. HTS Codes What exactly are HTS Codes?

What are the benefits of logistics automation?
What are the benefits of logistics automation?

Logistics automation is the best thing that can happen in business. Unlike some other fields of activity, a large number of specialists are involved here, many processes are carried out and each stage is extremely important because it contributes to the smooth movement of goods along the chain. The benefits of logistics automation are countless - saving on labor, inventory, energy and more. In addition, the logistics process is carried out faster, more precisely and qualitatively, more economically and more efficiently. It significantly reduces errors and improves customer service. What is logistics automation as applied to transport management? Logistics automation

What is expedited shipping?
What is expedited shipping?

What is expedited shipping? In simple terms, it is a process of sending a shipment faster than the usual method. However, this is associated with a higher price because you receive a more urgent service and any freight forwarding company will prepare you an offer "expedited" according to the conditions under which it operates. Each parcel can be delivered anywhere within one day to three days.  How fast is this type of delivery - how long will it take for the recipient? These are issues that concern a number of free market users or businesses. Everything will become clear a

what is overnight shipping?
What is overnight shipping?

What is overnight delivery? Some see it as next day delivery or one day delivery. Overnight accommodation is actually such a delivery opportunity that guarantees customers that they will receive their order the next day. It all depends on several factors, but nevertheless every seller strives to offer express and timely deliveries. This option is quite good as there are many parties involved in the process and there can always be an emergency.  How to offer overnight delivery to your customers? The best place to do this is to mention this service in your online store. That way everyone will

logistics management important in the supply chain
Why is logistics management important in the supply chain?

When it comes to sales, one of the most important aspects of a successful transition is well organized logistics. This statement is known to every business leader who has gone through many obstacles to achieving enviable success. Logistics management plays a key role in solving any supply chain problem, as well as in highlighting the company to its biggest competitors. Regardless of the stage at which your business is located, every entrepreneur strives for growth and development. So the need for logistics management is not only advisable but rather mandatory. Why is logistics management so important to the supply chain? Each

What is the key challenges in logistics management today?
What is the key challenges in logistics management today?

Logistics process management has always been a complex task, but with time it becomes even more laborious. Almost every business, irrespective of the field of activity, needs the sale and purchase of materials, goods and others that need to be transported to a specific place. The truth is, the need for logistics today is increasing because e-commerce is a mass shopping type. People are busy and prefer to shop online because it's easy and convenient. However, how do logistics professionals handle the growing demand for customers and their need for delivery?   What are the main challenges of logistics management

What is the difference between logistics and transportation?
What is the difference between logistics and transportation?

Logistics is a more complex process than transport. It requires greater organization and precision at each stage, as it involves the entire flow of goods in and out. Logistics companies take care of the movement of goods from the place of production until they are delivered to the final customer. There are many things that can go wrong along the chain, so the business needs some management software in place. Transport, on the other hand, is the movement of goods from one place to another, and may be completed for a longer or shorter period, depending on the mode of

Recent Posts