Search results
Results from the WOW.Com Content Network
Beyond level 3, companies decompose process elements and start implementing specific supply chain management practices. It is at this stage that companies define practices to achieve a competitive advantage, and adapt to changing business conditions. SCOR is a process reference model designed for effective communication among supply chain partners.
A financial plan can also be an estimation of cash needs and a decision on how to raise the cash, such as through borrowing or issuing additional shares in a company. [3] Note that the financial plan may then contain prospective financial statements, which are similar, but different, to those of a budget. Financial plans are the entire ...
A shipping market cycle or shipping cycle is a particular type of economic cycle. These cycles correct markets when supply and demand are out of balance. Shipping markets are driven by freight rates, which can move up, move down or remain unchanged. Shipping cycles are therefore determined by the fluctuations of these freight rates.
In order to maximize the economy of handling and shipping of containers on a container ship, stowage plans, [1] sometimes known as bay plans, [2] have become essential in the shipping trade. The plans are also vital for safety on board the ship and it is recommended that personnel working on ships are familiar with them.
The ICR Plan has the fewest eligibility requirements. A borrower is only required to have an eligible loan. [3] The IBR and Pay As You Earn Plans require that the borrower demonstrate a "need" to make income-driven payments and have eligible loans. [3] The Pay As You Earn Plan is limited to those who borrowed recently.
The sale and purchase of ship is an important aspect of the shipping industry.It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining.
The inspection team covers the order and shipment. That is perhaps the most detailed of all the process and is when issues are most likely discovered. This step takes considerable time but importers consider it to be the de facto part of the inspection process.
Supply chain finance (or supply chain financing, abbreviated to SCF) is a form of financial transaction initiated by the ordering party (a business customer) in order to help its suppliers to finance their receivables more easily and at a lower interest rate than the rate available commercially.