AI and Data Governance Transform Supply Chain Strategies

AI and Data Governance Transform Supply Chain Strategies

The precision of supply chain decisions relies on a high-quality data foundation. This paper explores how to build a robust data management strategy through data governance, master data management, and artificial intelligence (AI) technologies. The goal is to improve the quality and availability of supply chain data, thereby optimizing demand forecasting, inventory management, transportation routes, and risk prediction. Ultimately, this enhances operational efficiency and competitive advantage for businesses.

01/21/2026 Logistics Industry Insights
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Singapore Firms Urged to Strengthen Corppass Security

Singapore Firms Urged to Strengthen Corppass Security

CorpPass is crucial for Singaporean businesses to interact with the government. Setting it up early and managing it properly is essential to avoid loss of control and the risk of information leakage. Proper management ensures secure access and prevents unauthorized use. Neglecting CorpPass security can expose companies to significant compliance and operational risks. Therefore, businesses should prioritize establishing robust CorpPass management protocols to safeguard their interests and maintain regulatory adherence.

02/12/2026 Customs Knowledge
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Texas Winter Storm Threatens Power Grid Amid Extreme Cold

Texas Winter Storm Threatens Power Grid Amid Extreme Cold

The US is bracing for the strongest winter storm since the beginning of 2025, potentially impacting 175 million people. The Texas power grid faces a severe test, with extreme low temperatures threatening widespread power outages and endangering residents. Icy and snowy conditions in the South and Mid-Atlantic regions will exacerbate the risk of outages and may disrupt air travel. States have activated emergency response measures in preparation for the storm.

02/03/2026 Logistics Industry Insights
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Tanzania Boosts Customs Efficiency with WCO Training on HS Codes

Tanzania Boosts Customs Efficiency with WCO Training on HS Codes

With the support of the World Customs Organization, the Tanzania Revenue Authority has launched a capacity building project aimed at enhancing HS code and valuation capabilities. The project comprehensively improves Tanzania's customs management level through measures such as training of trainers, building risk assessment tools, strengthening government-enterprise cooperation, and laboratory construction. This initiative promotes trade facilitation and fair tax collection, injecting new impetus into the country's economic development.

02/02/2026 Customs Knowledge
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Global Logistics Strategies to Reduce Risks and Boost Profits

Global Logistics Strategies to Reduce Risks and Boost Profits

This paper delves into common transportation, customs clearance, and market risks in international logistics, offering mitigation strategies such as selecting reliable partners, optimizing customs procedures, and strengthening market risk management. It also emphasizes the importance of international logistics insurance in helping companies effectively reduce risks and ensure smooth trade activities in global trade. The paper aims to provide insights into managing and minimizing potential losses in international logistics operations.

02/02/2026 Logistics Encyclopedia
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Uzbekistan Launches Trade Efficiency Program for Businesses

Uzbekistan Launches Trade Efficiency Program for Businesses

The World Customs Organization is assisting Uzbekistan in upgrading its Authorized Economic Operator (AEO) program. This aims to enhance customs risk management capabilities, provide certified companies with trade facilitation benefits, reduce operating costs, and strengthen customs-business partnerships. The upgraded AEO program offers strategic opportunities for businesses to expand their operations within the Uzbek market by streamlining customs procedures and fostering a more predictable and efficient trading environment.

02/02/2026 Customs Knowledge
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Businesses Boost Efficiency with Improved Invoice Management

Businesses Boost Efficiency with Improved Invoice Management

This article provides an in-depth analysis of invoice types, dates, digitalization, and its relationship with accounts payable and internal control. It also elaborates on the broad applications of invoices in legal, accounting, and budgeting aspects. The importance of invoice management for cost reduction, efficiency improvement, risk prevention, and sustainable development of enterprises is emphasized. The aim is to help companies better manage invoices and improve their financial management level.

02/03/2026 Document Interpretation
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Ukraine Advances Customs Modernization to Boost Trade Efficiency

Ukraine Advances Customs Modernization to Boost Trade Efficiency

The State Fiscal Service (SFS) of Ukraine is actively pursuing customs modernization, collaborating with the World Customs Organization (WCO) to develop a strategic planning framework. This framework includes stakeholder analysis, SWOT analysis, vision reshaping, and the establishment of strategic priorities. The initiative aims to enhance customs clearance efficiency, improve the business environment, strengthen risk management, and promote international cooperation. This will contribute significantly to Ukraine's economic development and international trade.

02/03/2026 Customs Knowledge
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Ozon Global Sellers Guide to Managing Returns and Refunds

Ozon Global Sellers Guide to Managing Returns and Refunds

This article provides an in-depth analysis of Ozon Global's return and refund policies, offering sellers a detailed operational guide. It covers return rules, operational procedures, and risk management strategies. The aim is to help sellers minimize return risks, improve operational efficiency, and succeed in the Ozon Global marketplace. This guide provides practical insights to navigate the complexities of Ozon's return process and optimize your business strategy for international sales.

02/03/2026 Logistics Encyclopedia
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Ebay Sellers Gain Edge with Strategic Auction Timing

Ebay Sellers Gain Edge with Strategic Auction Timing

eBay auction timing is crucial. Selecting the right duration, start and end times, avoiding holidays, and paying attention to competitors and product characteristics can increase exposure and final selling price. Be mindful of the risk of malicious bidding. Optimizing these factors can significantly impact the success of your eBay auctions. Consider your target audience and their online behavior when scheduling your listings to maximize visibility and potential bids.

02/03/2026 Customs Knowledge
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