Free Excel Template Simplifies Small Business Inventory Management

Free Excel Template Simplifies Small Business Inventory Management

This article introduces a practical Excel-based inventory and sales management system template suitable for small and micro enterprises and individual businesses. The system integrates management modules such as customers, products, sales, purchases, accounts receivable, unshipped goods, returns, and sales representatives. It automatically calculates and generates data through built-in functions and pivot tables, helping users efficiently manage inventory and sales data and improve operational efficiency. This Excel template offers a user-friendly solution for tracking sales, managing inventory, and generating reports without the need for expensive software.

01/23/2026 Warehousing
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Customs Americas Caribbean Push Gender Equality Diversity

Customs Americas Caribbean Push Gender Equality Diversity

In September 2021, SECO and WCO jointly organized a virtual forum on Gender Equality and Diversity for the Americas and the Caribbean, bringing together over 80 representatives from 24 countries. The forum aimed to promote gender equality and inclusion in customs administration. Discussions focused on work-life balance and the prevention of gender-based violence. The Spanish version of the WCO Gender Equality Organizational Assessment Tool (GEOAT) was launched. Participants agreed to integrate gender equality and diversity into the customs agenda and continue their efforts in this area.

01/20/2026 Customs Knowledge
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Sierra Leone Adopts Competencybased HR System for Revenue Authority

Sierra Leone Adopts Competencybased HR System for Revenue Authority

With WCO assistance, the Sierra Leone National Revenue Authority implemented HR reforms based on a competency model. This initiative aims to optimize recruitment, training, and performance management processes. By focusing on clearly defined competencies, the reform seeks to enhance organizational effectiveness and improve the overall performance of the revenue authority. The competency model serves as a framework for developing and evaluating employees, ensuring that they possess the necessary skills and knowledge to effectively perform their duties. Ultimately, this leads to improved revenue collection and a more efficient tax system.

01/20/2026 Customs Knowledge
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Global Aviation Body IATA Elevates Flight Instructor Standards

Global Aviation Body IATA Elevates Flight Instructor Standards

IATA's CBTA Flight Instructor Training program aims to equip flight standards setters with competency-based training approaches, enhancing their ability to train and assess flight instructors. The course covers core topics such as CBTA fundamentals, instructor competencies, and Threat and Error Management. Through scenario simulations and practical exercises, participants will master assessment techniques and facilitation methods. This ultimately fosters more resilient pilots and improves overall flight safety levels. The training focuses on practical application and aims to cultivate instructors capable of developing pilots who can effectively manage real-world challenges.

01/20/2026 Logistics Encyclopedia
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Quest for Quality Awards Honor Top Logistics Firms

Quest for Quality Awards Honor Top Logistics Firms

The "Quest for Quality" award from *Logistics Management* magazine is a key benchmark in the logistics industry for measuring customer satisfaction and operational excellence. Based on surveys of logistics service buyers, the award evaluates the service quality of transportation providers, third-party logistics providers, and ports. Through a weighted scoring system, the award reflects the importance customers place on different service standards and provides valuable reference information for logistics service buyers. It highlights companies that consistently deliver high-quality services and meet customer expectations in the dynamic logistics landscape.

01/21/2026 Logistics Industry Insights
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Sierra Leone Enhances Tax Collection with HR Modernization

Sierra Leone Enhances Tax Collection with HR Modernization

The National Revenue Authority (NRA) of Sierra Leone, in collaboration with the World Customs Organization (WCO), has launched a modernization project of its human resources system. This initiative aims to build a competency-based HRM system to improve recruitment, performance management, training, compensation, and employee relations. The goal is to inject talent and drive into the nation's economic development by strengthening the NRA's human capital. This comprehensive reform seeks to ensure a skilled and motivated workforce capable of effectively managing the country's revenue collection and contributing to sustainable economic growth.

01/26/2026 Customs Knowledge
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ERP Giants Compete with SCM Specialists for Supply Chain Control

ERP Giants Compete with SCM Specialists for Supply Chain Control

ERP giants are increasingly penetrating the supply chain management (SCM) domain, intensifying competition with specialized SCM vendors. This article analyzes the expansion strategies of ERP vendors into the supply chain and the differentiation tactics employed by specialized firms to survive. It also explores the competitive and cooperative relationship between ERP and specialized vendors. Ultimately, the evolution of the market landscape will depend on evolving user needs, requiring companies to select the most suitable solutions based on their specific requirements. The future market share will be decided by which solution best meets the customer's needs.

01/26/2026 Logistics Industry Insights
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US Considers Gas Tax Hike to Fund Infrastructure Repairs

US Considers Gas Tax Hike to Fund Infrastructure Repairs

Faced with the severe challenges of US infrastructure, Trump's proposed fuel tax increase has once again attracted attention. This article analyzes the role of fuel tax in the Highway Trust Fund and the political resistance to raising it. It also explores alternative financing models, such as congestion pricing, mileage-based user fees, and public-private partnerships. The article advocates for actively exploring new infrastructure financing pathways to lay the foundation for the future development of the United States. The need for sustainable funding solutions is crucial for modernizing and maintaining the nation's vital infrastructure.

01/26/2026 Logistics Industry Insights
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Benin Customs Modernizes HR Leads Reform in West Africa

Benin Customs Modernizes HR Leads Reform in West Africa

With the support of the World Customs Organization, the Benin Customs Administration launched a Human Resource Modernization project aimed at building a competency-based HRM system. Through capacity building, job catalog refinement, and regional cooperation, Benin Customs has set a precedent for improving efficiency and promoting regional customs modernization. The project emphasizes continuous improvement and comprehensive implementation to create a highly efficient and professional workforce. This initiative showcases Benin's commitment to modernizing its customs operations and fostering a skilled workforce capable of meeting the evolving demands of international trade.

01/26/2026 Customs Knowledge
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WCO Enhances Customs Capacity in West and Central Africa

WCO Enhances Customs Capacity in West and Central Africa

The World Customs Organization (WCO) is assisting Côte d'Ivoire Customs in upgrading its human resources management system by introducing competency-based management and project cycle management methodologies. Through expert training, tool development, and action plan formulation, the initiative aims to enhance the capabilities of customs officials. This capacity building effort lays the foundation for customs modernization and serves as a valuable reference for other customs administrations. The project focuses on improving efficiency and effectiveness within the Ivorian customs service by equipping personnel with the necessary skills and knowledge.

01/26/2026 Customs Knowledge
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