Describe Logistics
Logistics is the management of the flow of resources between the point of origin and the point of consumption in order to meet some requirements.
What is TMC?
Transport Material Center is a logistical center that monitors, directs and assists the logistic traffic in a complete geographical area.
What is CLC?
Country logistics center this is the logistic department responsible for the logical needs of the specific mentioned country.
What is RLC?
Regional Logistic center is the logistic department responsible for a specific region of a country.
What is a BOL?
Bill of Loading. - It is a legal document between the shipper of a particular good and the carrier.
What does BOL details?
The type, quantity and destination of the good being carried.
What is the KPI stand for?
Key Performance indicator
What are Logistics KPI?
Are quantifier measurements, related to a service or product that reflects the critical success factors of an organization.
Give an example of a Logistics KPI.
What is a SDS?
What is Incoterm?
International Commercial Terms are a series of pre-defined commercial terms that are widely used in procurement processes.
What HTS stand for?
Harmonized Tariff Schedule
What does HTS do?
Comprises a hierarchical structure for classifying all goods in trade for duty, quota, and statistical purposes. It is based on the international Harmonized Commodity Description and Coding System (HS).
Importing is a privilege and classifying items correctly is critical.
SLB Trade Compliance Policy
What GOLD stands for?
Global Oilfield Logistics & Distribution
What is GOLD?
GOLD is a business process and system that is used to organize, coordinate and control the Supply Chain (Logistics & Distribution) related to all equipment, materials and supplies needed by our OFS entities (Field Locations, TCs) through one worldwide Logistics organization.
8 hubs located globally