Conducting a risk assessment for import logistics operations is essential for importers to identify, evaluate, and mitigate potential threats and uncertainties that may arise in their supply chain. This article will provide a simple and practical framework to do so, as well as best practices and benefits that can be gained. Challenges and tips that have been experienced or learned can be shared in the comments. What are some of the advantages of conducting a risk assessment for import logistics operations?
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When it comes to import risks management. 👌 It right comes in mind so many aspects. But none can deny that the most important above all to any importing company, is to find her potential and reliable exporer partners that they can rely on and be engaged into a sealed type of supply chain. Effective and efficient group totally commited team that they count on without disappointment every single time specially in case there is any pop ups. Here comes my role, find best exporter partners. As an import and export specialist and an exporter myself. I put hands on the gaps ✍ and misses ✍ that should be put in consideration. And came up with the a view of the perfect version of an exporter partner. 💪 Does it have to be a one of the top known? 🤷♀️ Does it have to already have many years practicing export? I'd better hear your answers before we continue. 👀 >>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>TO BE CONTINUED>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>> Then, when it comes to import risks management. Or if you need any assistance; I am right here. Be sure, I will be more that supportive so as to avoid (inshallah) all of the that. #supplychain #management #export
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Are You Unmanaging? Many of my clients are hard-working owners or operators of small businesses. They don’t have in-house compliance or logistics expertise, so must wear several hats. Day to day activities or unexpected issues take up most working hours. As a result, functions such as logistics planning and import/export compliance are often unmanaged or left entirely to LSPs (Logistics Service Providers). While LSPs are valued resources, the ultimate responsibility for compliance rests with the USPPI. You can outsource a lot of the activity but not the responsibility. Making sure that your business is in compliance with import and export regulations is good risk management as well as good business. Think of it as insurance. A few basic steps can make a big difference and can be implemented quickly. Ad Hoc Logistics can provide step by step guidelines, train your employees, and set up sustainable procedures. Our copyrighted programs include: Exporting for Smart People- Because You’re No Dummy Red Flag Screening A to Z of Managing Logistics Contact mitch@adhoclogistics.com for info. https://lnkd.in/g7wENRAh #logisticsmanagement #exportcompliance
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With the everchanging geopolitical environment the risks within today's global supply chains has never been greater. Procurement Magazine this month looks at the top 10 Procurement Risks that come from both internal and external operations. An interesting read! Kavita Cooper BSc FCIPS Chartered #procurementrisk #supplychain #datasecurity #suppliers #procurement
Top 10: Procurement Risks
procurementmag.com
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🎉 🎉🎉Supply Chain and Logistics Bundle🎉🎉🎉 We finally have a bundle for those in supply chain and logistics. To make it all the more interesting, there is a 50% discount for the next few days. Grab your bundle now! Unlock Smart Learning. https://lnkd.in/eA8i5UfS Here's what's included: 🔹 Incoterms Cheat Sheet: Simplify international trade terms and agreements effortlessly. 🔹 Customs Declaration Checklist: Ensure seamless customs processes with our comprehensive checklist. 🔹 Shipping Documents Cheat Sheet: Master essential shipping documents for smooth operations. 🔹 9 Essential Documents Practices for Container Shipping: Optimize container shipping procedures for maximum efficiency. 🔹 Customs Clearance Processes: Navigate customs clearance with ease and avoid delays. 🔹 HS Code Cheat Sheet: Quickly access Harmonized System codes for accurate classification. 🔹 Commercial Invoice Masterclass: Learn to craft impeccable commercial invoices for hassle-free transactions. 🔹 Cargo Risks Pocket Guide: Identify and mitigate cargo risks effectively throughout the shipping process. 🔹 Cold Chain Risk Management: Safeguard temperature-sensitive goods with expert risk management strategies. 🔹 80 Cargo Professions: Explore diverse cargo-related professions and discover new career paths. 🔹 50 International Shipping Acronyms: Decode shipping jargon and communicate confidently in the global market. 🔹 Qualities of a Great Cargo Surveyor: Elevate your skills with insights into exceptional cargo surveyor attributes. 🔹 Reefer Container Claims Cheat Sheet: Handle reefer container claims confidently with our handy guide. 🔹 NVOCC vs Freight Forwarder vs Carrier: Understand the roles and responsibilities of key players in the logistics ecosystem. 🔹 My Top 9 Free Websites for International Traders: Access valuable resources to stay informed and ahead of the curve. 🔹 Logistics vs Shipping vs Supply Chain: Clarify distinctions between critical components of global trade. 🔹 40 Bill of Lading Fraud Scenarios: Stay vigilant against fraud with insights into common scams. 🔹 Bill of Lading Master Class Cheat Sheet: Unlock the secrets to mastering bill of lading documentation effortlessly. 🔹 Types of Bills of Lading: Expand your knowledge of bill of lading variants and their uses. 🔹 Top Supply Chain Management Skills: Develop essential skills for success in supply chain management. ______________ Sharing is caring. Don't benefit alone!
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Regulatory Compliance and Security in Supply Chain Management: What You Need to Know In this particular blog post, we will discuss the critical aspects of regulatory compliance and security in the supply chain. This blog will provide insights into the intricacies of international trade regulations, security protocols, and the pivotal role played by compliance in ensuring the efficiency of SCM operations. https://lnkd.in/eyMtDkcF #SupplyChainManagement #RegulatoryCompliance #SecurityInSCM #InternationalTrade #SCMOperations #ComplianceInsights #TradeRegulations #SupplyChainSecurity #LogisticsCompliance #GlobalTrade #SCMEfficiency
Regulatory Compliance and Security in Supply Chain Management: What You Need to Know
warehousingexpress.com
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SCM | Warehouse & Logistics | Operations | Accounts & Audit | Inventory Control Analyst | Customer Relations
Incoterms for Seamless Supply Chain Management. 1. EXW EX-works) : The seller makes the goods available at their location, and the buyer is responsible for all transportation costs and risks. 2. FOB (Free On Board): The seller delivers the goods to a specific port, and the buyer is responsible for the shipment from that point onwards. 3. CIF (Cost, Insurance, and Freight): The seller covers the cost, insurance, and freight to deliver the goods to a specific port, and the risk shifts to the buyer after the goods are loaded on the vessel. 4. DDP (Delivered Duty Paid): The seller is responsible for delivering the goods to the buyer’s location and handling all costs and import duties. 5. DDU (Delivered Duty Unpaid) This is an international trade term meaning the seller is responsible for ensuring goods arrive safely to a destination; the buyer is responsible for import duties. These are just a few examples, and there are more Incoterms that specify different responsibilities and points of transfer in the supply chain.
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Compliance & logistics: What you don’t know could cost you
Trade compliance and supply chain logistics
edc.ca
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Hi LinkedIn Fam, I am here for support to organisation who have large number of Import and Export every month and they are facing difficulties regarding pricing, seamless support, challenge in cross-border communication and risk mitigation. I am here you help you guys. Let's connect and discuss it for your betterment. DM me or connect me on 7999715360. #logistics #import #export #logisticssolutions #linkedin #linkedinjobs #linkedincommunity #linkedinpost
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Shipping Supervisor at Boushahri Group Medical/SAP- SD & MM/ Co-Certified QMS ISO 9001:2015 Internal Auditor
Procurement and Shipping- When placing an order with a supplier, here are some key factors to consider to minimize risks and save costs:. Supplier Reputation: Choose a reliable supplier with a good track record and positive reviews. Quality Assurance: Ensure the supplier meets your quality standards and can provide consistent, high-quality products. Price Negotiation: Negotiate prices to get the best deal without compromising on quality. Payment Terms: Agree on favorable payment terms that align with your cash flow. Lead Times: Confirm realistic delivery times to avoid delays in your operations. Order Quantity: Order in quantities that optimize cost efficiency without excess inventory. Shipping and Logistics: Consider shipping options, costs, and customs regulations for international orders. Communication: Maintain open and clear communication with the supplier to address issues promptly. Contracts and Agreements: Have written agreements that specify terms, responsibilities, and dispute resolution processes. Quality Inspections: Arrange for periodic quality inspections to ensure product consistency. Risk Mitigation: Develop a contingency plan for unexpected disruptions in the supply chain. Supplier Relationships: Build strong, long-term relationships with suppliers for mutual benefits. Market Research: Stay informed about market trends to adjust orders accordingly. Legal Compliance: Ensure your orders comply with all relevant laws and regulations. Cost Analysis: Continuously analyze costs and seek opportunities for cost-saving measures. Inventory Management: Optimize inventory levels to reduce storage costs and minimize wastage. Sustainability: Consider eco-friendly options and ethical sourcing practices for long-term sustainability. Documentation: Maintain accurate records of all transactions and communications with the supplier.
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Compliance & logistics: What you don’t know could cost you
Trade compliance and supply chain logistics
edc.ca
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