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Date Submitted: 02/28/2016 07:46 PM
Roberto Mauricio Sandoval Salazar
Group 7vi
ID: 1568794
Teacher: Arturo Ivan Lara B.
Roberto Mauricio Sandoval Salazar
Group 7vi
ID: 1568794
Teacher: Arturo Ivan Lara B.
| Business VII: International Logistics | August 27th, 2015
| Business VII: International Logistics | August 27th, 2015
Inbound, Outbound and Operational Logistics
Inbound, Outbound and Operational Logistics
Inbound VS Outbound Logistics
Inbound logistics: Refers to the transport, storage and delivery of goods coming
into a business.
Outbound logistics: Refers to the same for goods going out of a business.
Understanding the differences and correlation between inbound and outbound logistics can provide insight for developing a comprehensive supply-chain management strategy.
»»»» SUPPLY-CHAIN PARTNERS
Inbound | Outbound |
The inbound side concerns the relationship between companies and their suppliers | The outbound side deals with how companies get products to their customers |
»»»» DAMAGE AND LIABILITY
Transport agreements between suppliers and customers specify which party is financially responsible for the cost of any damage occurring in transit at different points, according to specific terms.
For example: Free on Board (FOB) shipping terms specify that the recipient -- the one on the inbound side of logistics -- is responsible for shipping costs after the shipment is loaded onto a transport carrier, or when it reaches a specified location.
The International Chamber of Commerce defines several alternative terms, such as "Delivered Duty Paid," which specifies that international suppliers deliver goods to buyers after providing for all import costs and requirements.
»»»» TOOLS AND MATERIALS
Inbound | Outbound |
1. Inbound logistics cover anything that your company orders from suppliers, which can include tools, raw materials and office equipment in addition to inventory.
i.e.: Inbound logistics for a furniture manufacturer,...