Knowledge Center

What Is Intermodal Transportation? History, Benefits, Examples

Intermodal transportation is not as mysterious or complicated as the name would have it sound. It means transporting one set of goods in a steel container using two or more modes of transportation, such as rail and truck.

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Blanket Purchase Order: Definition, Benefits, and When to Use

A Blanket Purchase Order is a legally binding agreement between you, a buyer, and a supplier who has come to a long-term deal to deliver goods or services for a specified period. But what does that actually mean? What are the benefits of using this kind of agreement? And when is a good time to […]

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What is FOB Destination? Meaning, Terms, Who Pays?

If you’re in the shipping industry, you need to be familiar with the shipping term FOB destination and all it implies. You should be able to answer the question of what does FOB mean in shipping and convey the fob price meaning. FOB is an acronym that means “free on board,” so FOB destination means […]

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Materials Management: Definition, Process, Benefits

Materials management is an aspect of supply chain management and planning. The primary purpose of materials management is to ensure that manufacturers have all the raw materials they need to make goods. Materials management also focuses on ensuring that no components are wasted and optimizing  inventory maintenance and management. While materials management requires understanding what […]

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