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UCP


Source: Supply Chain & Logistics Glossary Author: VV.AA. Institute: Georgia Tech - The Supply Chain and Logistics Institute	Courtesy of

Abbreviation for the "Uniform Customs and Practice for Documentary Credits," published by the International Chamber of Commerce. This is the most frequently used standard for making payments in international trade; e.g., paying on a Letter of Credit. It is most frequently referred to by its shorthand title: UCP No. 500. This revised publication reflects recent changes in the transportation and banking industries, such as electronic transfer of funds.

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Last update 9 Aug 2023

Global manufacturing downturn continues in July as output and new order fall at faster rates
Source: J.P.Morgan Global Manufacturing PMI ™ - IHS Markit

Retail The retail sector is always on the move. Whether this involves shopping centres, shops in inner city locations or at airports – trends change very quickly and the goods change just as rapidly too. To keep up with these developments, highly complex and process driven supply chains are needed. With our... Change Management

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