Key Difference – Perpetual Inventory System vs Continuous Stock Taking The key difference between perpetual inventory system and continuous stock taking is that perpetual inventory system is a method of inventory valuation where the increase or decrease in inventory is recorded immediately following a sale or purchase whereas continuous stock taking refers to the exercise of […]
Difference Between Reorder Level and Reorder Quantity
Key Difference – Reorder Level vs Reorder Quantity Reorder level and reorder quantity are two commonly used terminology that becomes very important in ordering raw materials for production. Deciding the reorder level and reorder quantity is essential in order to allow smooth production where delays will be costly. The key difference between reorder level […]
Difference Between Freight and Shipping
Freight vs Shipping As freight and shipping are two of the most popular methods of shipping the products that one needs, there is a huge interest in finding the difference between freight and shipping. However, each one has its advantages as well as disadvantages. Therefore, knowing the difference between freight and shipping may help […]
Difference Between Shipping and Delivery
Shipping vs Delivery Shipping and delivery is a phrase that can be seen in the terms and conditions mentioned in websites that sell products to their customers. Most people tend to think that shipping and delivery are synonymous terms. However, despite many similarities, there are differences between shipping and delivery that will be talked […]
Difference Between Barcode and QR Code
Barcode vs QR Code | Barcode vs Quick Response Code Barcode and QR codes are methods of storing data using geometrical figures, which can be read using optical devices. Barcode Barcode refers to a method of storing data using geometrical figures. The basic technology of the barcodes was developed in the 1970`s in United States, […]
Difference Between HAWB and MAWB
HAWB vs MAWB All shipments, irrespective of their origin and destination, are provided with documents from the carrier. In the case of air freight, the document issued by the airline is called an airway bill or simply AWB. However, there are two different types of airway bills based upon the party that is arranging […]
Difference Between Shipping and Billing Address
Shipping vs Billing Address Shipping and billing address are two different addresses though they can be identical too. These two addresses are very important for sending the bills, invoices, and the purchased products. Any mistake or error made by a website or a shipping company can result in the consignment being sent to a […]
Difference Between Consignor and Consignee
Consignor vs Consignee Consignor and consignee are words that are used very commonly in trading and transportation of goods from the vendor to the buyer. The act of consignment refers to the process of sending goods from the seller to the buyer and consignor and consignee happen to be the parties in the transaction. […]
Difference Between Detention and Demurrage
Detention vs Demurrage Detention and Demurrage are words commonly used in the context of the shipping industry. These are also words that are often clubbed together as if being synonymous. However, it is erroneous, and despite similarities, there are differences that are important for freighters and also for people who use the services of […]
Difference Between Bus and Coach
Bus vs Coach We all are aware of the importance of buses in our public transport system around the country despite the growing popularity of long distance trains, metros, airplanes, and automobiles of all sorts. Buses are a part and parcel of city life and also inside towns where they carry passengers to important […]
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