Bonded warehouses are storage spaces that are authorized and regulated by the country’s customs authority. These are…

Key accounts, also known as key customers, are the customers that generate the most revenue for a…

Distribution cost is the set of costs that a business incurs while delivering an order from its…

A retail customer purchases products from a retailer for personal or business use. This customer can be…

A private label is a product that is produced by a third-party manufacturer to be sold by…

Buyback is a practice in which a supplier agrees to repurchase a predetermined amount of inventory from…

Businesses offer net payment terms to customers so that they can defer the payments till the set…

Invoice is a commercial document that the seller gives to the buyer to collect payment. It usually…

Inventory procurement cost is a set of all the costs that a company incurs in acquiring inventory….

FTL (Full Truck Load) is a type of shipping mode in which the transporting goods occupy the…