The difference between supply chain and logistics explained
Many people do not know the difference between supply chain management and logistics, and the terms “supply chain” and “logistics” are often used interchangeably in the transport and trade sector, but there are differences between them, as each has specific...
What is a Bonded Warehouse? Our Guide in logistics
Bonded Warehouse is one of the types of warehouses, in which imported goods that have not yet been processed by taxes are stored, that is, the taxes and customs duties are still on them, and there is a customs authority that controls this type of warehouse, and there...
Average Inventory Formula, Use & Challenges
Inventory management is one of the most important things that can affect the efficiency of the work of any business, especially since inventory is one of the most important assets owned by the facility, so care must be taken to manage it well, and We will know the...
Purchase Orders is Important to SMBs
The purchase order is the company’s approval to purchase products from a supplier, and it also precedes the supplier’s invoice and contains the names of the goods, their required quantities, unit price and all other purchase terms. By the company, after confirming the...
