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Akamai:

1) is the global leader in content delivery network and cloud services.


Akamai has their servers all around the world providing for its customers
fast, reliable and secure work of their websites. They are responsible for
almost 30% of all web traffic;
2) headquarters: Cambridge, USA;
3) Reverse logistics - is the process which involves collecting, transporting and
handling used, outdated, unwanted or damaged goods/packaging for the
purposes of their recycling, disposal and recovery. Reverse logistics is also
related to the return of equipment that can be reused (pallets, containers);
4) FIFO (First In, First Out) - is a method used both in warehousing and
accounting in which the assets that were produced or acquired first are sold,
used or disposed as first. It is used if the products have a shelf life. Using FIFO
allows you to reduce spoilage and obsolescence of goods;
5) There are 28 countries in the EU;
6) 3PL (Third Party Logistics) - the owner of goods (client company) outsources
various elements of the supply chain to one 3PL company that performs the
management function of the clients inbound freight, customs, warehousing,
order fulfilment, distribution, and outbound freight to the clients customers;
7) IMPORTER A CONSIGNEE - Importer transports goods or services for other
subjects. The importer is responsible for completing customs clearance
procedures and formalities on arrival of goods into a country. Consignee is the
recipient of the goods which importer is transporting.
8) INTRASTAT - is the system that collects information and statistics on the trade
of goods between European Union countries. It was launched in 1993 replacing
customs declarations as the source of EU trade statistics. Customs authorities
are obliged to provide the statistics of trade on a monthly basis for the intrastat
system.
Following data is collected:
the identification number allocated to the party responsible for providing
information
the reference period
the flow (arrival, dispatch)
the commodity
the value of the goods
the quantity of the goods
the partner Member State
the nature of the transaction;
9) CI - commercial invoice is a customs document used during exporting goods
across international borders. There is no standard format, but the document
must include a few specific information such as:
senders and recipients name and address
country of manufacture, export, destination
date
invoice number
senders and recipients reference
carrier
carrier tracking number
quantity
total net and gross weight
currency
total value
freight and insurance charges
other charges
total invoice amount
harmonized code
unit weight and value
type of packaging
terms of trade
air waybill number
signature
CI is used to calculate tariffs, incoterms and is also used for customs clearance
purposes;
10) INCOTERMS - there are international commercial terms published by
International Chamber of Commerce (ICC). They are used in international
commercial transactions and procurement processes. Incoterms rules explain
terms such as insurance, carriage or risk of loss. There are 7 terms that can be
used to any mode of transport and 4 rules that can be used only for sea
transport. The list below contains all of them:
EXW Ex Works (place of delivery)
FCA Free Carrier (place of delivery)
CPT Carriage Paid To (place of destination)
CIP Carriage And Insurance Paid (place of destination)
DAT Delivered At Terminal (place of destination)
DAP Delivery At Place (place of destination)
DDP Delivery Duty Paid (place of destination)
FAS Free Alongside Ship (port of shipment)
FOB Free On Board (port of shipment)
CFR Cost And Freight (port of destination)
CIF Cost, Insurance & Freight (port of destination);
11) P/L - is a shipping document that contains package details such as net and
gross weights, dimensions and contents of all shipping pieces contained in a
shipment. It is usually placed inside attached protective pouch. Its role is to
inform government authorities, transport agencies and customers and to help all
the parties to deal with the package in an adequate way;
12) AWB (Air Waybill or air consignment note) - is a non-negotiable document
for air transport that serves as a receipt of goods for the shipper and as a
contract of carriage between the shipper and the carrier. It covers transport of
cargo from airport to airport and includes conditions of carriage, charges and a
description of goods. Air waybills have a 11-digit number which allows to check
location and the status of delivery. What is more, they are issued in 8 different
colours.
AWB number:
the first 3 digits are the Airline Prefix
the next 7 digits is the Serial Number of the AWB
the last digit is the Check digit (the check digit is derived by dividing the 7
digit Serial Number by 7. The remainder determines the Check Digit);
13) HAWB, CI - House Air Waybill, Commercial Invoice;
14) EOQ (Economic Order Quantity), estimating safety stock, demand
forecasting;
15) South Africa, Turkey;
16) DIFFERENT MODES OF TRANSPORT -
Air
Advantages: the fastest way of transport, delivers to remote places, high
reliability;
Disadvantages: high cost, vulnerable to weather conditions, fuel
consumption;
Land
Road
Advantages: door to door transport, cargo safety, large choice of carriers,
flexibility;
Disadvantages: it depends on weather conditions, high cost for long
distance transports, slow way of transport for long distances;
Rail
Advantages: weather conditions have no effect, no traffic, high frequency
and throughput, effective loading and unloading;
Disadvantages: fuel consumption, low access to the point of sales (it usually
requires use different mode of transport after unloading the cargo), small
choice of carriers;
Sea
Advantages: economical for heavy loads, safe, low costs of maintenance;
Disadvantages: vulnerable to weather conditions, slow way of transport;
Others: Pipeline, Cable, Space, Drone;
17) RFQ (Request For Quotation) - is a competitive bid document used
when inviting suppliers and subcontractors to submit a bid on projects or
products;
18) VAT (Value-Added Tax) - is the type of consumption tax. It is added
incrementally whenever value is added to the price at each stage of production
and at a final sale. The tax rate depends on the location of the customer;
19) Just In Time (JIT) - is an inventory system in which goods are delivered or
produced just in time when needed for the shipment or the next process.
Inventory control and warehousing is minimal or is completely eliminated. JIT is a
process for optimizing manufacturing processes by getting rid of all time wasting
steps.
Advantages:
minimal amounts of inventory obsolescence
low inventory costs
there is no need for warehouse space
better quality control of products;
Disadvantages:
lack of some goods can impact the production process (when the supplier
does not deliver them on time)
company may not be able to meet the unexpected demand
needed IT technology is expensive
20) HTSN - is an internationally standardized system of names and numbers for
the classification of products. They consist 6 digits. The first 2 digits stand for
chapter, next 2 for heading and the last 2 for subheading.
21) CYCLE ACCOUNTING -

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