by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is a Clean Bill Of Lading?A clean bill of lading is a document issued by a carrier which indicates that the goods received in the vessel are in good condition and without any damage or defect. Product carriers issue a clean bill of lading when the bill is free...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is a Capital Project?A capital project is a project embarked upon in order to improve, replace, or maintain a capital asset. Capital assets include land, roads, buildings, rails, and others. Common examples of capital projects are new constructions, expansion of...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is a Through Bill Of Lading?A through bill of lading is used in the international shipment of goods. It allows the holder of the bill of landing to handle shipment from the point of origin to the final point of destination. A bill of lading is simply a contract...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is the Better Business Bureau?The Better Business Bureau (BBB) is a private non-profit organization that focuses on enhancing trust in the marketplace. BBB strives to foster a marketplace where trust exists between customers and businesses. This organization...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is the Front Office?The front office of a firm is the most visible part that interacts with visitors or clients of the firm. The most popular examples of a front office are customer service departments and sales departments. Usually, the front office of a firm...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is a Continuous Improvement Plan?A continuous (continual) improvement plan is a string of processes and procedures that a company puts in place to improve its services and products. This plan entails an on-going review of a company’s products and services...
