This guide provides detailed instructions on how to correctly fill in the 'Transaction Terms' section of the Export Goods Customs Declaration. It outlines the steps and considerations for various international trade terms such as FOB, C&F, and CIF. This not only helps improve customs efficiency but also reduces transaction risks, making it an essential reference for anyone engaged in international trade.
This article provides a detailed analysis of the main transaction methods and pricing terms in international trade, including FOB, C&F, and CIF. It explains the meaning of each term and the regulations for filling out export customs declarations. Additionally, it discusses how to accurately fill in freight and insurance costs based on varying transaction prices, ensuring a smooth and compliant trade process.
MHI and Deloitte's latest report reveals a dual transformation in supply chains, driven by technology and talent. Companies are increasing technology investments, particularly in AI and IoT, while focusing on creating attractive work environments. Chinese supply chain companies face both opportunities and challenges. They need to increase R&D investment, strengthen talent development, and embrace open collaboration to gain a competitive edge in the future. The report emphasizes a holistic approach, integrating technological advancements with a people-centric strategy for sustainable growth.
Ministry of Supply recovered millions of dollars in duty drawbacks through the Flexport platform, reinvesting the funds in R&D, new product launches, and market expansion. This case study highlights data integration, risk assessment, and process optimization as key success factors. To effectively leverage duty drawback policies, businesses should establish robust data systems, seek expert assistance, understand relevant regulations, optimize processes, and continuously evaluate their performance. This proactive approach ensures efficient utilization of available refunds and contributes to overall financial health.
Toyota Material Handling and Raymond Corporation have announced their integration into Toyota Material Handling North America (TMHNA). This strategic move aims to leverage the strengths of both companies, providing a more comprehensive product line, enhanced R&D capabilities, a more efficient supply chain, and a more complete service network. TMHNA will maintain the independence of both brands while focusing on innovation and customer service. The integration seeks to lead the material handling industry towards a new era of intelligent, efficient, and sustainable development.
Facing the 'ingredient-first' trend in the skincare market, MakerZ showcased its unique approach to soft mask research and development through CCTV.com. They focus not only on ingredients but also delve into the changes in materials under different states and their impact on the skin, striving to translate the sensory experience of soft masks into stable efficacy. This R&D model, shifting from ingredient stacking to systematic design, may lead the skincare industry into a new phase that emphasizes process and data validation.
IATA data shows a 200% surge in sustainable aviation fuel (SAF) production in 2022, but more policy incentives are crucial to achieve the aviation industry's net-zero emissions goal. The article emphasizes the importance of government support, including production incentives, R&D investment, and standard setting. It calls for collaboration among stakeholders to promote SAF industry development. Increased SAF production and utilization are essential for decarbonizing air travel, and supportive policies are needed to accelerate the transition to a sustainable aviation future.
This article analyzes the success secrets of GreatStar, a leading cross-border e-commerce seller, achieving 3.6 billion RMB in quarterly revenue. It reveals the company's strategy of building competitive advantages through focusing on R&D innovation, establishing a solid supply chain, and cultivating its brand. The analysis also touches upon Loctek's significant investment in overseas warehouses, highlighting the importance of brand building and supply chain fortification in the latter stage of cross-border e-commerce. This provides development insights for small and medium-sized sellers.
The potential return of Trump and a renewed US withdrawal from the Paris Agreement poses several challenges for businesses. These include policy uncertainty, supply chain sustainability pressure, the need for technological innovation and green transition, and increased scrutiny of corporate social responsibility and brand image. To address these challenges and capitalize on green transition opportunities, companies should develop scenario planning, diversify investments, strengthen supply chain assessment and collaboration, increase investment in environmental technology R&D, define a clear CSR strategy, and actively participate in public welfare activities.
Hershey is investing $250 million in a supply chain upgrade focused on boosting operational efficiency and agility through digitalization and automation. The plan encompasses optimizing sourcing and manufacturing, accelerating R&D and planning, and integrating existing business units onto the SAP S/4 HANA platform. Expected to be completed in 2026, the initiative is projected to yield $300 million in annual savings, with 30% attributed to supply chain productivity gains. This transformation aims to create a more responsive and efficient supply chain for the company.
