Shopee Cuts Jobs Amid Ecommerce Slowdown in Southeast Asia

Shopee Cuts Jobs Amid Ecommerce Slowdown in Southeast Asia

Shopee is undergoing large-scale layoffs across multiple locations due to the economic downturn. This follows the closure of its South American operations, and its parent company has also implemented cost-cutting measures. This situation reflects the intense competition within the e-commerce market, particularly in Southeast Asia, where Shopee is a major player. The layoffs signal a significant shift in strategy as the company navigates challenging economic conditions and increased pressure to achieve profitability.

Sales Growth Relies on Iteration Avoiding Dead Ends

Sales Growth Relies on Iteration Avoiding Dead Ends

Sales success hinges on adaptability, not stubborn persistence. This article emphasizes the importance of rapid iteration and strategy adjustments. It proposes methods such as optimizing communication, expanding sales channels, and decisively cutting losses to help salespeople overcome challenges and improve performance. The core principles are clear goals, proactive methods, avoiding internal friction, and embracing change. By focusing on these elements, sales professionals can navigate obstacles and achieve greater success through a dynamic and responsive approach.

Strategies to Boost Industrial Exports for Higher Profits

Strategies to Boost Industrial Exports for Higher Profits

This article delves into the advantages of industrial goods foreign trade and recommends five high-profit product categories: hydraulic and pneumatic components, industrial cutting tools and abrasives, motors and transmission equipment, pumps and fluid equipment, and custom sheet metal and castings. It also provides practical product selection evaluation criteria and the ABC selection model, along with effective customer development strategies. The aim is to help SMEs and individual SOHOs succeed in the foreign trade sector.

Firms Adopt Digital Supply Chains to Enhance Customer Value

Firms Adopt Digital Supply Chains to Enhance Customer Value

With the advancement of digitalization, modern Supply Chain Management (SCM) software offers businesses real-time visibility and efficient logistics support. By integrating warehouse management, transportation management, and artificial intelligence, companies can better forecast demand and enhance customer satisfaction, gaining a competitive edge in a fiercely contested market.

WCO Releases Spanish GEOAT to Boost Latin American Customs Modernization

WCO Releases Spanish GEOAT to Boost Latin American Customs Modernization

The World Customs Organization (WCO) has released a Spanish version of the Gender Equality Organizational Assessment Tool (GEOAT) to assist Spanish-speaking customs administrations in evaluating their gender equality policies, identifying gaps, and implementing reforms. The tool covers core principles such as employment, work-life balance, and governance, emphasizing the importance of cross-cutting policies. It aims to support customs modernization in Latin America and promote trade facilitation by fostering a more inclusive and equitable environment within customs organizations.

Amazon Cuts Jobs to Boost Efficiency Amid Ecommerce Slowdown

Amazon Cuts Jobs to Boost Efficiency Amid Ecommerce Slowdown

Amazon's layoff of 18,000 employees surprisingly led to a stock price rebound, revealing market optimism regarding the company's cost-cutting and efficiency improvement efforts. A comparison of severance packages offered domestically and internationally highlights Amazon's generosity. This wave of layoffs serves as a warning to the cross-border e-commerce industry, urging businesses to enhance their competitiveness and proactively navigate the economic downturn. Companies must focus on efficiency and sustainable growth to weather the 'winter' and emerge stronger.

UPS Wins USPS Air Cargo Contract Amid Logistics Shakeup

UPS Wins USPS Air Cargo Contract Amid Logistics Shakeup

The United States Postal Service (USPS) shifting its air freight contract from FedEx to UPS has sent ripples through the logistics industry. This move reflects USPS's cost-cutting initiatives, UPS's ambition for market expansion, and FedEx's strategic realignment. Increased competition and diversified collaborations are expected to drive service innovation and efficiency improvements, ultimately benefiting consumers. The change signifies a significant shift in the air cargo landscape and highlights the ongoing battle for dominance in the express delivery market.