Consumer packaged goods (CPG) are industry terms for goods that customers use up and replace on a regular basis. Food, beverages, cosmetics, and cleaning products are all examples of consumer packaged goods. CPG can be contrasted with durable goods (DGs), an industry term for merchandise that is not consumed or…
Logistics and supply chain management are two terms that are often mistakenly treated as synonymous. The fact is that, although they are practically inseparable and complementary, they have different definitions. In general, the supply chain can be defined as a global and broader term than logistics. In reality, logistics is…
At the time of first hearing about the COVID-19, none of us knew how impactful it would be. Some thought that it was a short-term virus that would go away in a week or two. At the same time, others warned us about the long-term battle that we're currently fighting.…
A TMS (Transportation Management Software) is software designed for companies to keep track of supply chain systems that automates the transportation management of an organization. In other words, a TMS will not only take care of the transportation and supply chain system, but it will also be in charge of…
