WCO Chief Stresses Customs Key Role in Global Supply Chain Resilience

WCO Chief Stresses Customs Key Role in Global Supply Chain Resilience

The Secretary General of the World Customs Organization emphasized at the Asian Development Bank Institute Annual Conference that global supply chains face multiple challenges including digitalization, data standardization, disruptive technologies, e-commerce development, environmental issues, and border conflicts. Customs plays a crucial role in enhancing supply chain resilience by strengthening risk management, simplifying customs clearance, fostering international cooperation, applying technology, and building personnel capacity. Enhanced cooperation among border agencies is essential to jointly maintain trade security and facilitation.

01/22/2026 Logistics Industry Insights
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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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Under Armour Struggles to Balance Inventory Amid Supply Chain Woes

Under Armour Struggles to Balance Inventory Amid Supply Chain Woes

Under Armour tightened its inventory strategy during periods of high demand, achieving increased profit margins through supply chain optimization, supplier consolidation, and SKU streamlining. This strategy demonstrates a deep understanding of market demand and a relentless pursuit of operational efficiency. The approach offers valuable lessons for other companies seeking to improve their bottom line by carefully managing inventory and optimizing their supply chain.

01/29/2026 Logistics Industry Insights
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Azerbaijan Adopts Nonintrusive Tech to Streamline Customs Trade

Azerbaijan Adopts Nonintrusive Tech to Streamline Customs Trade

Azerbaijan Customs, with support from the World Customs Organization and the Japan Customs Cooperation Fund, held a workshop on X-ray image analysis to enhance the application of Non-Intrusive Inspection (NII) technologies. This initiative aims to improve customs clearance efficiency, combat smuggling, and promote trade facilitation through NII techniques. The experience provides valuable lessons for other customs administrations seeking to leverage technology for enhanced border security and streamlined trade processes.

01/26/2026 Customs Knowledge
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Ecommerce Firms Prioritize Sustainable Growth Over Trends

Ecommerce Firms Prioritize Sustainable Growth Over Trends

Small and medium-sized e-commerce sellers should avoid over-reliance on promotional activities and seasonal products, returning to steady operations. Achieving stable growth and avoiding risks associated with blindly chasing trends requires: meticulous product selection, solidifying the fundamentals, lean advertising, reasonable inventory management, risk early warning systems, diversified channels, data-driven decision-making, and continuous learning. This approach helps to build a sustainable business model less susceptible to market volatility and ensures long-term profitability.

01/26/2026 Logistics Industry Insights
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New breakout Point Indicator Aims to Predict 2026 Financial Security

New breakout Point Indicator Aims to Predict 2026 Financial Security

This article introduces the "Explosion Point" sub-chart indicator, which helps investors identify potential investment opportunities and mitigate risks through volume-price relationships and moving average arrangements. The article elaborates on the indicator's principles and applications through case studies, logical analysis, and usage tips. It aims to provide investors with a more scientific and rational investment tool to safeguard family wealth. The indicator focuses on identifying moments of significant price action and provides signals based on predefined criteria related to volume, price, and moving averages.

01/27/2026 Logistics Industry Insights
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Export Firms Face Rising Overseas Debt Challenges

Export Firms Face Rising Overseas Debt Challenges

This article delves into the issue of overdue payments from overseas clients faced by foreign trade companies, highlighting its prevalence, regional variations, and the pressure it exerts on businesses. Through initiating industry research, the aim is to understand the current situation, analyze the causes, and explore potential solutions. The article calls for foreign trade companies to unite and collectively safeguard their financial security, promoting the healthy development of the industry. The research seeks to provide insights and strategies for mitigating the risks associated with foreign trade debt.

01/30/2026 International Settlement
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Americas Caribbean Customs Workshop Boosts Audit Skills for Revenue Growth

Americas Caribbean Customs Workshop Boosts Audit Skills for Revenue Growth

The World Customs Organization held a post-clearance audit (PCA) seminar for the Americas and Caribbean region in the Dominican Republic, aiming to enhance customs tax collection capabilities. The seminar focused on risk management, audit planning optimization, personnel training, and information technology application, promoting regional cooperation to address cross-border trade challenges and safeguard national economic security. By strengthening PCA, the goal is to improve tax compliance and achieve effective growth in tax revenue. This initiative underscores the importance of robust PCA systems in ensuring fair and efficient tax administration.

02/03/2026 Customs Knowledge
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Key Insights on Freight Forwarding and Customs Clearance

Key Insights on Freight Forwarding and Customs Clearance

This article addresses common issues in freight forwarding and consolidation, including ocean freight bills of lading, customs clearance, demurrage, and inspection. It emphasizes the policy differences between various shipping companies and highlights key considerations in cargo declaration and inspection. The aim is to provide readers with a better understanding of the freight forwarding and consolidation process, enabling them to navigate the complexities involved and avoid potential pitfalls. This guide offers practical insights into the intricacies of international shipping.

08/22/2025 Logistics Encyclopedia
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Crossborder Ecommerce Logistics Reforms Cut Costs for Trade Firms

Crossborder Ecommerce Logistics Reforms Cut Costs for Trade Firms

Cross-border logistics poses a significant challenge for foreign trade enterprises, particularly small and medium-sized cross-border e-commerce sellers. This paper analyzes issues such as high logistics costs and poor timeliness. It proposes solutions including platform support, targeted subsidies, increased capacity of China-Europe freight trains, optimized logistics models, digital empowerment, and strengthened international cooperation. The aim is to help foreign trade enterprises reduce costs, improve efficiency, and enhance international competitiveness by addressing these logistics hurdles.

09/28/2025 Logistics Industry Insights
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