Companies must understand every touch point in their supply chains and third-party relationships to ensure they are not linked to transnational criminal organizations trafficking in weapons or money laundering.

We asked four supply chain executives to weigh in on the trends they expect to see in 2023. Continue reading for an outlook on supply chain trends in 2023.

A supply chain is a network of people and entities involved in the creation and delivery of a product to its consumer.

The term "value chain" refers to the process by which businesses acquire raw materials, add value to them in order to create a finished product, and then sell the finished product to consumers. A "supply chain" is the process of getting a product or service to a customer.

A backorder is an order for a good or service that cannot be filled immediately due to a lack of available supply.

Learn the distinction between free on board shipping and freight shipping liabilities and shipping, as well as international Incoterms.

A distribution network is a company's network of interconnected storage facilities and transportation systems that transport physical goods to customers.

Free alongside ship (FAS) is an export trade contractual term that requires a seller to deliver to a port and next to a designated vessel.