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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. [1]
Stowage plan for container ships or bay plan is the plan and method by which different types of container vessels are loaded with containers of specific standard sizes. The plans are used to maximize the economy of shipping and safety on board.
A Passage Plan is an important step in ensuring vital navigation information is readily available, crew and those ashore know what to expect, and to minimize the likelihood of accidents. [4] Passage planning is important for the safety of a vessel as it requires the correct assessment and establishment of safety settings, including adequate ...
International Fuel Tax Agreement. The International Fuel Tax Agreement (or IFTA) is an agreement between the lower 48 states of the United States and the Canadian provinces, to simplify the reporting of fuel use by motor carriers that operate in more than one jurisdiction. [1] Alaska, Hawaii, and the Canadian territories are not required to ...
Design for logistics is a series of concepts in the field of supply chain management involving product and design approaches that help to control logistics costs and increase customer service level. These concepts were introduced by Professor Hau Lee of Stanford University, and have the three key components: Economic packaging and ...
The governmental responsibility of the shipping industry is under the Ministry of Transport . The number of container units handled by Chinese ports in 2011 reached more than 150 million. The country also manufactures 90% of the world's containers. The throughput of cargo and containers at China's ports has been the largest in the world for the ...
Strategy. In supply chain management, the Kraljic matrix (or Kraljic model) is a method used to segment the purchases or suppliers of a company by dividing them into four classes, based on the complexity (or risk) of the supply market (such as monopoly situations, barriers to entry, technological innovation) and the importance of the purchases ...
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Market entry strategy. Market entry strategy is a planned distribution and delivery method of goods or services to a new target market. In the import and export of services, it refers to the creation, establishment, and management of contracts in a foreign country.
Gross register tonnage ( GRT, grt, g.r.t., gt ), or gross registered tonnage, is a ship's total internal volume expressed in "register tons", each of which is equal to 100 cubic feet (2.83 m 3 ). Replaced by Gross Tonnage (GT), gross register tonnage uses the total permanently enclosed capacity of the vessel as its basis for volume.