Gazi Sanaul Hasan

Hey I Need the LR Copy! The most common question for supply chain professionals. The sharing is for the folks who are newer in this area. LR- Lorry Receipt (LR) or Goods Receipt(GR)   LR number represents a receipt which is known as Lorry Receipt (LR) or Goods Receipt(GR) in case of goods transport by road which is handed over to a transporting agency or carrier.The other receipt term depends on transportation facilities By rail/train- RR: Railways Receipt By sea- BL: Bill of lading By air- AWL: Air Way Bill LR also called “Bilti” in Hindi.his receipt is either in 3 copies or 5 copies i.e. Consignee copy, Driver Copy, Consigner Copy, and File Copy. This receipt is made by the Transporter once the material is loaded on the vehicle for Delivery. The best example is: 1. Let assume my self as a battery maker. I am the manufacturer, I want to send my goods to various parts of states/districts within the country. I want to approach a proper lorry owner/association to transport my goods. ...

What is Supply Chain Disruption ? A supply chain is a network of people, organizations, and activities that move a product from a supplier to a final customer. A supply chain disruption is any sudden change or crisis be it local or global that negatively impacts that process. You can think of supply chains as a series of interconnected parts like, well, a chain. In complex manufacturing, you may have also seen different tiers of a supply chain illustrated as a pyramid. 5 Types of Supply Chain Disruptions There are many different types of supply chain disruptions. When you look at disruption, there are two things you have to look at 1) what is the probability and 2) what is the severity. This will vary depending on your supply chain and your industry. Here are some of the reasons your supply chain might see an impact. 1. Pandemics:  We’ve seen in recent weeks and months how COVID-19, the novel coronavirus outbreak, has impacted global supply chains. The effects of...

Supply chain management is a growing field and a satisfying profession, as a recent survey from the Association for Supply Chain Management (APICS) found that 96 percent of those surveyed were highly satisfied with their career in SCM, with an average rating of 8.4 out of 10. The survey also found that it pays to get certified. SCM pros with at least one certification get paid on average 19 percent more than those who aren’t certified, and those with two or three certifications earn salaries that are 39 percent and 50 percent higher than the median, respectively. Top 8 SCM certifications APICS Certified Supply Chain Professional certification (CSCP) - Exam fee:  $695 for Plus members, $965 for Core and non-members APICS Certified in Production and Inventory Management (CPIM) - Exam fee:  $495 per exam for Plus members, $690 per exam for Core and non-members APICS Supply Chain Operations Reference (SCOR-P) Endorsement - Exam fee:  The exam is...

There are two types of invoices commonly used by businesses in export and import: Proforma Invoices & Commercial Invoices. These are the two most important documents. Curious to know the responsibilities of each invoice for your business? Keep on reading! Proforma invoices and commercial invoices are key to business for import and export businesses. These are the two very important documents while dealing with clients. Every time there is a business deal finalized the buyer has to send in purchase order to the vendor. He could also open a letter of credit. Before the buyer can issue a letter of credit to the vendor, he has to send a pro forma invoice to the buyer. This document contains all the necessary information and terms pertaining to the sale. The Proforma invoice is the document that shows a commitment on the part of the seller to sell the goods according to the pre-decided terms and conditions. Once a proforma invoice is issued to the buyer, he has to ...