THIRD-PARTY LOGISTICS: THE PROS AND CONS

Third-Party Logistics (i.e. 3PL) is a service that allows you to outsource operational logistics from warehousing, all the way through to delivery, and ultimately enables you to focus on other parts of your business. Third-party logistics companies provide any number of services having to do with the logistics of the supply chain. This includes transportation, warehousing, picking and packing, inventory […]

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JOB DESCRIPTION OF A FLEET/LOGISTICS AUDITOR

A Fleet or Logistics Auditor is basically responsible for carrying out an unbiased continuous evaluation of the logistics firm or specific process or system within the firm with a view to establishing sustainable quality standards, providing constant access to reliable information, offering support for strategic and managerial decision making and identifying areas for improvement and elimination of inefficiencies.

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FACTORS TO CONSIDER IN MAKING THE BEST VEHICLE SELECTION FOR YOUR FLEET

Many professional fleet managers will readily tell you that the effectiveness of your fleet management strategies is directly dependent on the quality and appropriateness of your vehicles. It therefore goes without any gainsaying that regardless of the types of vehicles in your fleet, selecting the right vehicles for your different job applications is critical to meeting your business goals.

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AMAZON PRIME AIR: UNMANNED DRONES TO SHIP PACKAGES IN 30 MINUTES OR LESS

Ever wondered what the next-level logistics will look like? A global brand is already blazing the trail. Enjoy this report by Chris Smith courtesy of Yahoo! News. Amazon on Sunday (Dec.01.2013) unveiled a bold new shipping initiative during CBS‘s popular TV show “60 Minutes:” Amazon Prime Air, which aims to ship packages to your door via air in 30 minutes […]

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THE AUTOMOTIVE INDUSTRY POLICY AND THE NEW IMPORT TARIFF: A CRITICAL ASSESSMENT (PART FOUR)

A Boost to Employment: Flying a Ruse! It was also stated that the new tariff will create employment almost immediately. Two employment generating windows were identified as possible spinoff of the new tariff regime. First, it is claimed that many multinational car manufacturers will, on account of the new tariff regime, be induced or practically fall over themselves to set […]

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THE AUTOMOTIVE INDUSTRY POLICY AND THE NEW IMPORT TARIFF: A CRITICAL ASSESSMENT (PART THREE)

A REVIEW OF THE NEW AUTOMOTIVE IMPORT TARIFF When the Minister of Trade and Industry stated that the new tariff regime will among other things “make imported cars more expensive thus, promoting the purchase of locally manufactured vehicles”, a number of issues readily come to mind. Some of the incontrovertible facts that flood the mind are adequately captured in the […]

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THE AUTOMOTIVE INDUSTRY POLICY AND THE NEW IMPORT TARIFF: A CRITICAL ASSESSMENT (PART TWO)

THE ECONOMICS OF IMPORT TARIFF One of the most important issues in a country’s economy is trading; therefore, tariffs are most often discussed when talking about imported goods.  A tariff is simply a tax or duty placed on an imported good by a domestic government. Tariffs are usually levied as a percentage of the declared value of the good, similar […]

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THE AUTOMOTIVE INDUSTRY POLICY AND THE NEW IMPORT TARIFF: A CRITICAL ASSESSMENT (PART ONE)

On Wednesday 2nd of October 2013, the Federal Executive Council (FEC) in Abuja approved the Automotive Industry Development Plan for the development of the nation’s automotive industry. The Plan is intended to facilitate the emergence of a transformed automotive industry with enough capacity to attract investment, become a major driver of economic growth and diversification, create job, engender local value […]

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