World Customs Journal Highlights Global Trade Shifts

World Customs Journal Highlights Global Trade Shifts

The International Network of Customs Universities (INCU) released the eighth edition of the *World Customs Journal*, focusing on topics such as customs-business partnerships, performance measurement, customs and taxation, and the impact of climate change on international trade. This journal gathers research findings from global experts and scholars, providing valuable insights for businesses, policymakers, and researchers, and leading the future direction of customs transformation.

Three Principles to Overcome Mediocrity and Reinvent Yourself

Three Principles to Overcome Mediocrity and Reinvent Yourself

This article provides a year-long plan for changing your destiny. Utilizing three core principles – 'Observe, Stop, Modify' – it helps readers become aware of their current situation, break negative cycles, and take effective action to improve their self-worth. This enables a life transformation, allowing individuals to overcome mediocrity and achieve personal success. The plan focuses on practical steps and actionable strategies for lasting positive change.

Bed Bath Beyond Revamps Supply Chain to Boost Retail Recovery

Bed Bath Beyond Revamps Supply Chain to Boost Retail Recovery

Bed Bath & Beyond (BB&B) is restructuring its supply chain to streamline inventory and optimize in-store service. This includes leveraging third-party regional distribution centers to reduce delivery times and lower costs. The aim is to create a more efficient and responsive supply chain that better serves customers and improves overall operational performance, ultimately contributing to the company's retail transformation and omnichannel strategy.

PICARD Conference Examines Postpandemic Customs and Sustainability

PICARD Conference Examines Postpandemic Customs and Sustainability

The 15th PICARD Conference focused on customs transformation and sustainable development in the context of the pandemic. Discussions centered on the reshaping of customs roles, customs' responsibilities in sustainable development, the construction of performance evaluation systems, and data-driven customs management models. The conference aimed to provide intellectual support and practical guidance for the modernization of customs worldwide. Registration was free and open to all participants.

Mitsubishi Heavy Exits Shipbuilding Amid Industry Downturn

Mitsubishi Heavy Exits Shipbuilding Amid Industry Downturn

Mitsubishi Heavy Industries' reduction in shipbuilding reflects the challenges facing the shipping industry: overcapacity, weak demand, and low freight rates. Industry consolidation, technological upgrades, and strategic transformation are crucial for companies to navigate this crisis. Despite these challenges, the shipping industry holds significant opportunities driven by global economic development and emerging markets. Only by actively embracing change can companies overcome obstacles and achieve revitalization.

Shopex OMS Facilitates DTC Shift for Brands and Distributors

Shopex OMS Facilitates DTC Shift for Brands and Distributors

Brand DTC transformation often faces conflicts of interest with distributors. ShopeX by Shopease addresses settlement challenges with its OMS system, offering four key capabilities: multi-entity fund settlement, rule-driven revenue sharing engine, deeply integrated business settlement hub, and credit management with data transparency. This solution helps brands and distributors achieve full-channel win-win by resolving settlement issues and fostering a more collaborative and transparent ecosystem.

Amazon Marketplace Seller Growth Slows Amid Shifting Brand Trends

Amazon Marketplace Seller Growth Slows Amid Shifting Brand Trends

The number of new sellers on Amazon has significantly decreased due to rising platform commissions, advertising costs, and higher operational barriers. Despite the decline in new sellers, the platform's GMV continues to grow, with increased traffic for active sellers and expanding scale for top sellers. Chinese sellers dominate the new seller landscape. Amazon is accelerating its transformation into a sales channel for larger enterprises.

Sudan Customs Modernizes HR with WCO Assistance

Sudan Customs Modernizes HR with WCO Assistance

The World Customs Organization (WCO) supports Sudan Customs in its HR management modernization transformation. Through workshops and expert assistance, the WCO helps Sudan Customs build a competency-based HR management system, including tools like a position directory, competency framework, job descriptions, and a competency dictionary. This initiative aims to improve customs service efficiency, enhance law enforcement capabilities, improve the customs image, and ultimately promote Sudan's economic development.

AI Boosts Home Hardware Firms US Market Growth

AI Boosts Home Hardware Firms US Market Growth

A furniture hardware company in Guangzhou achieved precise customer acquisition in the US market using the "TradeXiaoqi" AI customer acquisition tool. By configuring precise tasks and crafting professional prospecting emails, the company significantly improved inquiry conversion rates and reduced customer acquisition costs. This case demonstrates the immense potential of AI technology in the foreign trade sector. Businesses should actively embrace AI to achieve intelligent transformation.

Colombia Overhauls Customs with WCO Backing

Colombia Overhauls Customs with WCO Backing

The WCO assisted Colombia's DIAN in enhancing its strategic planning and project management capabilities. This collaboration resulted in a draft implementation plan for a management system, supporting the modernization and transformation of the Customs administration. The initiative aims to improve efficiency and effectiveness through better strategic alignment and project execution. The focus was on building internal capacity and developing a sustainable framework for future development.