Retailers Weigh Perpetual Vs Periodic Inventory Systems for Efficiency

Retailers Weigh Perpetual Vs Periodic Inventory Systems for Efficiency

This article provides an accessible introduction to two primary inventory management methods: perpetual inventory systems and periodic inventory systems. It compares their advantages, disadvantages, and suitable application scenarios. Furthermore, it explores the core functionalities of inventory control systems, the differences between barcode and RFID technologies, and four common inventory types. The aim is to assist businesses in selecting appropriate inventory management solutions to enhance operational efficiency.

01/20/2026 Logistics Encyclopedia
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E2open Expands Supply Chain Tech with Logistyx Buy

E2open Expands Supply Chain Tech with Logistyx Buy

E2open acquired Logistyx Technologies for $185 million to strengthen its end-to-end supply chain management capabilities, particularly in global parcel and e-commerce transportation. This acquisition will integrate Logistyx's multi-carrier parcel management solution, enhancing E2open's service offerings and competitiveness. The deal aims to provide more comprehensive and efficient logistics solutions for businesses navigating the complexities of modern supply chains and growing e-commerce demands.

01/21/2026 Logistics
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Colombia Customs Boosts Planning with WCO Backing

Colombia Customs Boosts Planning with WCO Backing

The World Customs Organization (WCO), through the GTFP project, assisted the Colombian Tax and Customs Authority (DIAN) in enhancing its strategic planning and project management capabilities. The workshop yielded significant results. DIAN developed an implementation plan for a results-based management system, constructed a future customs model, and identified three flagship projects. These initiatives lay a solid foundation for the modernization of Colombian customs.

01/26/2026 Customs Knowledge
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Retailers Slow to Invest in Visibility Amid Omnichannel Boom

Retailers Slow to Invest in Visibility Amid Omnichannel Boom

In the omnichannel retail landscape, accurate inventory visibility is crucial. Despite growing demand, retailers have been relatively slow to invest in visibility. Improved visibility enhances customer satisfaction, increases sales, and optimizes operational efficiency. Key strategies include implementing a unified inventory management system, adopting an advanced order management system, and investing in data analytics tools. Proactive investment in visibility is essential for retailers to succeed in the future.

01/28/2026 Logistics Industry Insights
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Airwallex Enhances Crossborder Payments for Global Businesses

Airwallex Enhances Crossborder Payments for Global Businesses

Airwallex provides a one-stop cross-border payment solution for global businesses, covering global collections, cross-border payments, foreign exchange management, corporate expense management, and cross-border e-commerce solutions. Leveraging technological innovation, a global footprint, and diversified products, Airwallex helps businesses reduce costs, improve efficiency, and achieve global business growth. It empowers businesses to streamline their financial operations and expand internationally with ease.

01/27/2026 International Settlement
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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.

01/30/2026 Customs Knowledge
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Tanzania Boosts Trade with Upgraded Customs System

Tanzania Boosts Trade with Upgraded Customs System

With support from WCO/JICA, Tanzania is actively developing a customs risk management framework to enhance customs efficiency, combat smuggling and tax evasion, and promote trade facilitation. Through risk identification, assessment, control, and monitoring, this framework will help Tanzanian customs address challenges and contribute to national economic development. International cooperation and continuous improvement are key. The risk management concept is also applicable to other areas.

01/30/2026 Customs Knowledge
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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.

02/02/2026 Customs Knowledge
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Gambia Tax Authority Adopts Dashboards to Improve Revenue Collection

Gambia Tax Authority Adopts Dashboards to Improve Revenue Collection

With funding from Sweden and support from the World Customs Organization, the Gambia Revenue Authority is actively developing a strategic dashboard. This initiative aims to enhance performance in key areas such as tax collection, trade facilitation, compliance management, reform modernization, and human resource management through data-driven decision-making. The ultimate goal is to comprehensively upgrade and ensure the sustainable development of tax administration in Gambia.

02/03/2026 Customs Knowledge
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Bolivia Customs Boosts Staff Resilience Via WCOSECO Program

Bolivia Customs Boosts Staff Resilience Via WCOSECO Program

The WCO-SECO GTFP project assisted Bolivian Customs in enhancing stress management skills and team cohesion among its officers. This support helped them navigate the challenges posed by the COVID-19 pandemic. The project recommended establishing a permanent mechanism for stress management and resilience building within the customs administration to ensure continued well-being and effectiveness of customs officers in the face of ongoing and future pressures.

02/03/2026 Customs Knowledge
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