When people talk about logistics and supply chains, they often mention terms like 3PL and 4PL. These might sound complicated but they are simply two different ways businesses manage how their products move from factories to customers. Knowing the difference can help companies choose the right option to save costs, improve delivery times, and keep… Continue reading Understanding the Difference Between 3PL and 4PL in a Clear and Simple Way
Tag: Logistics
Understanding Incoterms: A Guide to International Trade Rules
When businesses buy and sell goods internationally, they need clear rules to define who is responsible for transportation, insurance, customs duties, and potential risks. This is where Incoterms (International Commercial Terms) come in. These standardized trade terms, established by the International Chamber of Commerce (ICC), help buyers and sellers avoid confusion by clearly outlining their… Continue reading Understanding Incoterms: A Guide to International Trade Rules
