The Zhengzhou Airport Economy Comprehensive Experimental Zone has launched three major logistics projects aimed at enhancing logistics efficiency and promoting the construction of an air logistics hub.
In China, logistics costs account for 16.6% of GDP, which is 5 percentage points higher than the global average. Low logistics efficiency and effectiveness contribute to rising costs. To reduce logistics costs, efforts should focus on four areas: building systems, sharing resources, innovating logistics models, and optimizing the market environment. These measures aim to enhance overall logistics service efficiency and promote supply-side reform.
Amazon reminds sellers that the Saudi VAT penalty waiver policy is ending in 17 days! VAT registration is mandatory for sellers using FBA in the UAE and Saudi Arabia. Ensure you register for a Saudi tax ID before November 30th to avoid penalties for late registration, filing, or payment. Compliant operations are crucial for expanding in the Middle East market. Seeking professional tax services is highly recommended.
Amazon sellers looking to boost profits and move away from blind operation? This article reveals five core data analysis features: customized sales tracking, international market profit comparison, customizable cost management, FBA fee breakdown analysis, and automatically generated charts. These features help you refine your operations and drive data-driven growth, enabling you to make informed decisions and optimize your Amazon business for increased profitability.
Attention Amazon Germany sellers! Ensure your company name and tax address in Seller Central precisely match your VAT registration information with the German tax authorities by March 1st. Failure to comply may result in selling restrictions or limitations on FBA functionality. Proactively review and update your information to avoid potential disruptions and losses. Maintaining accurate and consistent tax information is crucial for continued operation on Amazon Germany.
A system failure occurred at Amazon's FBA warehouse ORF2, preventing UPS last-mile delivery shipments from being received. Amazon has activated a backup address, and sellers need to confirm their last-mile delivery provider and update the address promptly. This incident may be related to Amazon's new shipping process. It is recommended that sellers optimize their supply chain and diversify risks to mitigate potential disruptions.
Amazon FBA storage limits are drastically decreasing, putting pressure on sellers during peak season. Even with a satisfactory IPI score, storage limits are still being reduced. Amazon may be aiming to encourage sellers to use AWD. Sellers can try to secure more storage through email requests and the Transparency program, while also focusing on inventory turnover rate to improve their IPI score and address the challenges.
The logistics industry plays a vital role in the national economy. Despite the economic environment affecting social logistics demand, its contribution continues to strengthen. Recent forecasts suggest that the added value of the logistics industry will exceed 9% of GDP. In recent years, investment in logistics infrastructure has risen, expected to surpass 70 billion yuan for the year, showcasing a positive development trend and reflecting the importance of the logistics industry in promoting economic growth.
On July 1, 2017, China officially implemented four national logistics standards aimed at enhancing the standardization of logistics documents, improving highway transportation efficiency, ensuring the safety of warehouse shelving, and elevating the quality of appliance logistics services. These standards are set to promote the healthy development of the logistics industry and improve service efficiency.
Air freight, as an emerging mode of transportation, faces limitations such as size, weight, and safety concerns. However, its speed and efficiency make it increasingly indispensable in international trade. When choosing air transportation, shippers must consider these constraints and prioritize valuable, perishable, and urgent goods to meet market demands for timely delivery.
