Over the past two years, we have seen a dramatic shift in our lifestyle. One of the most transformational for both consumers and businesses is the shift to eCommerce. As economies continue to reopen, we have returned to the traditional bricks and mortar shops however...
What is a 4PL and How Can it Help Companies 4PL stands for fourth-party logistics. 4PL is the outsourcing logistical operations to a single partner. The single partner manages a combination of warehouses, shipping companies, freight forwarders, and representatives on...
Introduction: What is a 3PL? 3PL stands for third-party logistics. Third-party logistics in logistics and supply chain management is an organisation’s use of third-party businesses to outsource elements of its distribution, warehousing, and fulfilment services....
Value Added Tax (VAT) must be paid on most goods and services at each stage of production and distribution. It is crucial that you understand your tax obligations so to avoid costly mistakes and VAT liabilities. Note that this is general information. If you need...
You may think that it won’t matter too much where your external warehouse is located. However, some locations will be better for your business than others. Where you choose to have your external warehouse will affect more than just convenience. How should you decide...
The European Union’s (EU) In Vitro Diagnostic Regulation (IVDR) will replace the current Directive 98/79/EC on in vitro diagnostic medical devices from 26 May 2022. This new regulation will introduce substantial changes in the sector as companies in the IVD industry...
