Executives See Iiot Potential but Face Implementation Hurdles

Executives See Iiot Potential but Face Implementation Hurdles

A survey reveals that while 90% of executives consider Industrial IoT a strategic priority, only 7% have a comprehensive strategy in place. Talent shortage is a major bottleneck. To overcome 'inertia of enthusiasm' and fully unlock IIoT's potential, companies need to strengthen talent development, improve data quality, break down departmental silos, and reshape leadership. Addressing these challenges is crucial for successful IIoT implementation and realizing the benefits of digital transformation in the industrial sector.

01/27/2026 Logistics Industry Insights
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Supply Chain Salaries Plateau Amid Strong Job Demand

Supply Chain Salaries Plateau Amid Strong Job Demand

The ISM's 2014 salary survey reveals a slowdown in salary growth for supply chain professionals, yet talent competition remains fierce. Compensation and benefits are still top priorities for job seekers, with work-life balance gaining importance. Professional certifications can boost salaries, and cross-functional transitions are becoming common. Experience leads to salary increases, and the supply chain offers broad career prospects. Companies should focus on employees' multi-dimensional needs to support talent development.

02/04/2026 Logistics Industry Insights
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WCO Backs Latin Americacaribbean Trade Modernization

WCO Backs Latin Americacaribbean Trade Modernization

The World Customs Organization (WCO) is supporting the development of a more competitive trade environment in Latin America and the Caribbean through initiatives like the Mercator Program. By adopting global standards, strengthening regional cooperation, implementing data-driven risk management, and collaborating with the Inter-American Development Bank (IDB), the WCO aims to improve customs efficiency in the region. This facilitates integration into global value chains and ultimately contributes to sustainable development.

01/22/2026 Customs Knowledge
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Bolivia Customs Boosts Leadership with Executive Training

Bolivia Customs Boosts Leadership with Executive Training

Bolivia Customs, through its participation in the SECO-WCO Global Trade Facilitation Programme, successfully held an executive leadership and management development workshop. This workshop aimed to enhance the leadership capabilities of the senior management team to address future strategic challenges. Through team building, individual leadership development, and negotiation skills training, the workshop significantly strengthened team cohesion and improved leadership skills, laying a solid foundation for the future development of Bolivia Customs.

02/02/2026 Customs Knowledge
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Turkey Boosts Trade Ties to Spur Postpandemic Recovery

Turkey Boosts Trade Ties to Spur Postpandemic Recovery

Turkey hosted its first International Customs Trade Conference, where the Secretary-General of the World Customs Organization emphasized Turkey's importance as a global supply chain hub. He called for strengthened customs and trade cooperation to facilitate post-pandemic economic recovery. Turkey is committed to customs modernization and enhanced international collaboration to address global trade challenges and promote economic development. The conference highlighted the need for streamlined processes and innovative solutions to ensure efficient and secure trade flows in a rapidly changing global landscape.

01/05/2026 Customs Knowledge
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WCO Aids Argentina in Faster Customs Clearance Via Time Study

WCO Aids Argentina in Faster Customs Clearance Via Time Study

The World Customs Organization (WCO) held a virtual Time Release Study (TRS) workshop for Argentina Customs to support its first TRS, aiming to identify and improve bottlenecks in national clearance processes. The workshop covered TRS methodology, business process mapping, action plan development, and software applications. Argentine Customs officials drafted an action plan and expressed their commitment to implementing the TRS to enhance clearance efficiency and facilitate trade. The initiative is expected to streamline procedures, reduce delays, and improve overall customs performance in Argentina.

12/30/2025 Customs Knowledge
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Peru Customs Boosts Trade with Wcobacked Data Analytics

Peru Customs Boosts Trade with Wcobacked Data Analytics

The World Customs Organization (WCO) held a data analysis workshop for Peruvian Customs to enhance trade facilitation. The workshop introduced key techniques for data collection, classification, and validation. It highlighted the application of data analysis in risk identification and trade compliance assessment. Peruvian Customs expressed appreciation for the event and discussed future cooperation with the WCO to strengthen data analysis capabilities and promote trade development. The aim is to leverage data insights for improved efficiency and security in customs operations.

12/30/2025 Customs Knowledge
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Hong Kong Customs Enhances Asiapacific Antismuggling Collaboration

Hong Kong Customs Enhances Asiapacific Antismuggling Collaboration

The Regional Office for Capacity Building Asia Pacific (ROCB A/P), with strong support from regional members like Hong Kong Customs, is dedicated to providing high-quality capacity building support to customs administrations in the Asia-Pacific region. The renewed dispatch of technical experts by Hong Kong Customs demonstrates its long-term commitment to regional capacity building. ROCB A/P will continue to play a vital role in facilitating regional trade development, ensuring trade security, and enhancing customs management capabilities.

12/30/2025 Customs Knowledge
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World Customs Journal Highlights Global Trade Challenges

World Customs Journal Highlights Global Trade Challenges

The sixth issue of the *World Customs Journal* focuses on the impact of economic crises, regional trade agreements, and climate change on customs. It gathers insights from global experts, providing perspectives on understanding new challenges and opportunities in international trade. The articles emphasize the important implications of risk management, trade facilitation, environmental regulation, and international cooperation for the development of Chinese customs. It offers valuable insights into navigating the evolving landscape of global trade and the crucial role customs plays in it.

12/30/2025 Customs Knowledge
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SADC Conference Boosts Regional Trade Through Customs Reform

SADC Conference Boosts Regional Trade Through Customs Reform

The 2010 SADC Customs Capacity Building Conference fostered regional customs reform and modernized management, strengthening regional coordination. Participants shared capacity-building experiences and identified areas for cooperation based on WCO standards. Significant attention was given to the SACU pilot project and the implementation of the WCO Customs Learning Standards, laying the foundation for future regional capacity-building development. The conference highlighted the importance of harmonized procedures and collaborative efforts in enhancing customs efficiency and regional trade facilitation within the SADC region.

12/30/2025 Customs Knowledge
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