Businesses Urged to Address Thirdparty Risks

Businesses Urged to Address Thirdparty Risks

Third-party risk management is crucial for business operations. Many organizations face challenges due to a 'one-off' approach to risk management, a narrow perception of risks, and superficial risk monitoring. Companies should establish a comprehensive, lifecycle-based risk management system, broaden their risk perspective, leverage technology, and strengthen internal communication and collaboration. By doing so, they can effectively address third-party risks and ensure sustainable development. This proactive approach helps mitigate potential disruptions and protect valuable assets.

01/28/2026 Logistics Industry Insights
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DHL Blue Yonder Microsoft Launch Smart Logistics Robotics Platform

DHL Blue Yonder Microsoft Launch Smart Logistics Robotics Platform

DHL, Blue Yonder, and Microsoft have collaborated to launch a robotics platform designed to simplify integration, reduce costs, and enhance warehouse efficiency. Built on Azure IoT, the platform aims to accelerate logistics automation. This collaboration provides a standardized and scalable solution for deploying and managing robots in warehouse environments, ultimately improving operational performance and streamlining complex processes within the supply chain. The platform's modular design allows for flexible adaptation to various warehouse layouts and automation needs.

01/28/2026 Logistics
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Spain Averts Port Strike As Labor Talks Continue

Spain Averts Port Strike As Labor Talks Continue

The Spanish port strike crisis is temporarily resolved, but labor negotiations have resumed, leaving supply chain risks lingering. This article analyzes the reform disputes, potential impacts, and coping strategies. It emphasizes that supply chain managers should closely monitor labor developments, assess risks, diversify procurement, strengthen communication and collaboration, and leverage technology to enhance supply chain resilience in the face of uncertainty. Proactive measures are crucial to mitigate disruptions and maintain operational efficiency amidst ongoing labor-related challenges.

01/28/2026 Logistics
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Retailers Collaborate to Transform Supply Chains at RILA Event

Retailers Collaborate to Transform Supply Chains at RILA Event

The RILA conference emphasized the need for retailers to break traditional models and optimize their supply chains through collaboration with carriers and peers. Data-driven insights and technology enablement are key to building an efficient, flexible, and sustainable supply chain ecosystem. The goal is to improve efficiency, reduce costs, and enhance customer satisfaction. The conference highlighted the importance of moving beyond siloed operations and embracing collaborative partnerships to achieve a more resilient and responsive retail supply chain.

01/27/2026 Logistics Industry Insights
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WCO Enhances Bosnias Tax Authority Risk Management

WCO Enhances Bosnias Tax Authority Risk Management

The World Customs Organization (WCO) supported the Indirect Taxation Authority of Bosnia and Herzegovina (ITA BiH) in enhancing its risk management capabilities through a national workshop. The workshop covered risk assessment, profiling, information management, and resource optimization, fostering exchange between ITA BiH and international experts. This event laid the foundation for ITA BiH to strengthen its risk management system and improve enforcement efficiency. Recommendations included continued international cooperation and domestic collaboration to further improve risk management practices.

01/27/2026 Customs Knowledge
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Eswatini Advances nostop Border Plan to Boost Trade

Eswatini Advances nostop Border Plan to Boost Trade

With the support of the World Customs Organization, Eswatini is accelerating its vision of 'borders without stopping' through Coordinated Border Management and data standardization. This project integrates multi-sectoral efforts to optimize border processes, enhance information sharing, and develop inter-agency Standard Operating Procedures, laying the foundation for digitalization and interoperability. The initiative aims to promote trade facilitation and achieve sustainable economic development by streamlining border operations and fostering collaboration among various government agencies involved in cross-border trade.

01/26/2026 Customs Knowledge
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Wcos Clean Seas Initiative Tackles Asiapacific Plastic Waste

Wcos Clean Seas Initiative Tackles Asiapacific Plastic Waste

The World Customs Organization (WCO), through its Asia Pacific Border Management Waste Project, is assisting Indonesian and Philippine Customs in enhancing their control over plastic waste via virtual diagnostic missions. The project aims to strengthen Customs' ability to handle legal plastic waste imports, reduce the risk of illegal shipments, and raise awareness of the Basel Convention amendments. The WCO will provide customized implementation plans and host regional workshops to foster collaboration and address the challenges of plastic waste management.

01/26/2026 Customs Knowledge
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Armenia Tightens IP Laws to Curb Counterfeiting

Armenia Tightens IP Laws to Curb Counterfeiting

Armenia, in collaboration with the World Customs Organization, held a national seminar focusing on combating counterfeit and pirated goods, emphasizing the importance of intellectual property protection. The seminar aimed to strengthen customs control by enhancing the legal knowledge and risk management capabilities of customs officers, as well as fostering cooperation with rights holders. This initiative seeks to safeguard national economic security and public interests. International cooperation and consumer awareness are crucial in the fight against counterfeit goods.

01/26/2026 Customs Knowledge
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Madagascar Enhances Climate Disaster Resilience with Global Aid

Madagascar Enhances Climate Disaster Resilience with Global Aid

A WCO-led collaborative project strengthens Madagascar's capacity to respond to pandemics and natural disasters. By optimizing processes, providing training, and enhancing coordination, the initiative aims to improve disaster governance resilience. This includes streamlining customs procedures for essential goods, improving risk management, and fostering collaboration between various agencies. The project ultimately seeks to minimize the impact of crises on trade and ensure the efficient delivery of humanitarian aid, contributing to Madagascar's overall stability and economic recovery.

01/26/2026 Customs Knowledge
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Dutch Customs Boosts Global Trade Via WCO Exchange Program

Dutch Customs Boosts Global Trade Via WCO Exchange Program

The Netherlands Customs Administration hosted experts from Cameroon and Sierra Leone to share expertise on rules of origin and commodity classification. This initiative aimed to enhance the capabilities of the visiting customs officials in these crucial areas. By sharing best practices and providing practical training, the Netherlands Customs Administration fostered international cooperation and contributed to trade facilitation. This collaboration also served to enhance the Netherlands Customs Administration's reputation as a leader in customs expertise and international partnership.

01/26/2026 Customs Knowledge
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