Tag: logistics

  • INCOTERMS Meaning & Full Form Explained

    Introduction When it comes to international trade, it is essential to have a clear understanding of the terms and conditions that govern the shipment and delivery of goods. This is where INCOTERMS come into play. INCOTERMS, short for International Commercial Terms, are a set of rules established by the International Chamber of Commerce (ICC) to…

  • LSSSDC Meaning & Full Form Explained

    What is LSSSDC? LSSSDC stands for the Logistics Skill Sector Development Council. It is a not-for-profit organization that works towards the development of skills in the logistics sector in India. The council was established under the National Skill Development Corporation (NSDC) and is responsible for creating a skilled workforce in the logistics industry. Role of…

  • MABD Meaning & Full Form Explained

    MABD stands for Merchandise Availability by Destination. It is a concept widely used in the logistics industry to measure the efficiency of supply chain operations. In simple terms, MABD refers to the ability to deliver merchandise or goods to a specific destination within a specified time frame. Supply chain management is a complex process that…

  • LOGMOD Meaning & Full Form Explained

    LOGMOD stands for Logistic Modernization. It is a term used in the field of supply chain management and logistics to refer to the process of modernizing and optimizing logistical operations. In today’s fast-paced and globalized business environment, it is crucial for companies to have efficient and effective logistics systems in place to ensure the smooth…