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Free shipping is a marketing tactic used primarily by online vendors and mail-order catalogs as a sales strategy to attract customers.
Strategic importance. The order fulfilment strategy also determines the de-coupling point in the supply chain, [5] which describes the point in the system where the "push" (or forecast-driven) and "pull" (or demand-driven see Demand chain management) elements of the supply chain meet.
This established a framework under which neutral shipping was not inviolable in time of war, meaning navies were free to attack ships of any nation on the open seas, however the goods belonging to neutral countries on those ships, even if they were enemy ships, were not to be taken.
The primary objective of SCM is to fulfill customer demands through the most efficient use of resources, including distribution capacity, inventory, and labor. In theory, a supply chain seeks to match demand with supply and do so with minimal inventory.
Maritime security is of increasing concern to the global shipping industry, where there are a wide range of security threats and challenges. Some of the practical issues clustered under the term of maritime security include crimes such as piracy , armed robbery at sea, trafficking of people and illicit goods, illegal fishing or marine pollution ...
e-Navigation is a strategy developed by the International Maritime Organization (IMO), a UN specialized agency, to bring about increased safety of navigation in commercial shipping through better organization of data on ships and on shore, and better data exchange and communication between ships and the ship and shore. [1]
Logistics refers to "that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customers' requirements".
Available-to-promise ( ATP) is a business function that provides a response to customer order inquiries, based on resource availability. [1] It generates available quantities of the requested product, and delivery due dates.
Shipping fleet management contracts are normally given to fleet management companies that handle aspects like crewing, maintenance, and day-to-day operations. This gives the ship owner time to concentrate on cargo booking.
One such definition, from the European Union Council of Ministers of Transport, defines a sustainable transportation system as one that: Allows the basic access and development needs of individuals, companies and society to be met safely and in a manner consistent with human and ecosystem health , and promotes equity within and between ...