by Danya Rielly | Nov 1, 2022 | Glossary
GLOSSARY CRM: Customer Relationship Management Customer relationship management, more commonly known as CRM, is the process through which a company or organization manages its contacts with customers, generally by analyzing huge amounts of data gathered by...
by Danya Rielly | Nov 1, 2022 | Glossary
GLOSSARY FEU: Forty Foot Equivalent Unit FEU stands for forty-foot equivalent unit and refers to the dimensions of a 40-foot shipping container. Forty-foot equivalent unit is a unit of shipment value, used to measure 40-foot-long containers. In the shipping industry,...
by Danya Rielly | Nov 1, 2022 | Glossary
GLOSSARY Free Trade Agreement In a free trade agreement (FTA), two or more nations come to an understanding on a variety of issues, including investor protections, intellectual property rights, and obligations affecting trade in products and services. The major...
by Danya Rielly | Oct 28, 2022 | Glossary
GLOSSARY FOB: Free on Board Free on Board (FOB) is a term that describes the moment at which ownership of the products passes from the buyer to the seller and who is responsible for any damage or destruction that occurs during delivery. Ready to digitize and modernize...
by Danya Rielly | Oct 28, 2022 | Glossary
GLOSSARY CFS: Container Freight Station A container freight station (CFS) is a facility where shipping containers are loaded and unloaded. These stations are typically located near ports, airports, or other transportation hubs. CFSs play an important role in the...
by Danya Rielly | Oct 28, 2022 | Glossary
GLOSSARY COGS: Cost of Goods Sold What is Cost of Goods Sold, or COGS for short? It signifies the direct costs of producing the goods sold by a company. The cost of the raw materials and labor used directly to make the goods are typically included in this sum. Many...
