What is 5PL?

What is 5PL? A fifth party logistics (5PL) model allows businesses to outsource their entire supply chain to a specialized

What is Dead Freight and How to Prevent It?

What is Dead Freight? When the reserved space on a ship is not entirely used or paid for by the

Impact of TPS Lean Manufacturing Strategy On Logistics

Introduction to Toyota Production System (TPS)   The Toyota Production System (TPS), in brief, is a highly acclaimed global system of