Excel Poses Risks in Supply Chains Urging Tech Upgrades

Excel Poses Risks in Supply Chains Urging Tech Upgrades

This paper explores the risks associated with using spreadsheets in supply chain management, highlighting issues such as high error rates, single points of failure, and limited scalability. While acknowledging their popularity due to ease of use and low cost, the article argues that in the era of big data, companies should assess their needs and transition away from Excel. Embracing digital supply chain management platforms is crucial for improving efficiency, reducing risks, and maintaining a competitive edge in the market. This shift is essential for organizations seeking to optimize their supply chain operations and leverage data-driven insights.

Vietnam Warns of Risks in Marrying for Business Gains

Vietnam Warns of Risks in Marrying for Business Gains

This article analyzes the phenomenon of using marriage to circumvent foreign trade costs and nominee risks in Vietnam, highlighting the hidden dangers of this seemingly convenient "marriage business." These risks include asset misappropriation, family disputes, and legal loopholes. The article emphasizes that cross-border marriage is not a panacea and requires a rational assessment of legal, economic, and emotional risks. It cautions against viewing marriage as a shortcut for investment purposes, stressing the importance of due diligence and professional advice before entering into such arrangements.

Global Shipping Faces Looming Seafarer Shortage Crisis

Global Shipping Faces Looming Seafarer Shortage Crisis

Global seafarers face prolonged stays at sea and high-pressure working conditions, leading to increased accidents and a strong desire to leave the profession, potentially triggering a seafarer shortage crisis. This paper analyzes the current situation of seafarers and the potential risks involved. It calls for collaborative efforts from various parties to improve seafarer welfare and security, ensuring the stability of the global supply chain. Addressing these issues is crucial for mitigating disruptions and maintaining the flow of goods worldwide.

Global Air Cargo Industry Faces Rising Risks Seeks Solutions

Global Air Cargo Industry Faces Rising Risks Seeks Solutions

Abnormal transport in international air freight refers to situations where goods are not delivered as agreed, encompassing delays, damages, and losses. This article delves into six types and five causes of abnormal transport. It emphasizes the responsibilities of shippers, carriers, freight forwarders, and other parties. Furthermore, it proposes corresponding prevention and handling measures. The aim is to mitigate cross-border air freight risks and ensure supply chain stability. By understanding the nuances of abnormal transport, stakeholders can proactively address potential issues and minimize disruptions.

US Patents Vertical Hanger Connector for Closet Space Efficiency

US Patents Vertical Hanger Connector for Closet Space Efficiency

A vertical hanger connector hook has been granted a design patent in the United States (USD1048733S1). This design effectively increases closet storage space. Cross-border sellers should be aware that selling similar products requires thorough patent searches to avoid infringement risks and potential losses. It is crucial to conduct due diligence before offering such items to ensure compliance with intellectual property rights and prevent legal repercussions.

Aviation Industry Advances Bird Strike Prevention Measures

Aviation Industry Advances Bird Strike Prevention Measures

Bird strikes pose a significant challenge to the aviation industry, with risks escalating due to environmental changes and pandemic impacts. This paper analyzes the dangers of bird strikes and countermeasures, emphasizing the importance of collaboration among airports, airlines, and regulatory agencies. It also highlights IATA's ongoing actions. By strengthening wildlife management, promoting technological innovation, and fostering international cooperation, the aviation industry can effectively reduce bird strike risks and ensure flight safety. Collaborative efforts and proactive strategies are crucial for mitigating this persistent threat and maintaining the highest standards of aviation security.

New breakout Point Indicator Aims to Predict 2026 Financial Security

New breakout Point Indicator Aims to Predict 2026 Financial Security

This article introduces the "Explosion Point" sub-chart indicator, which helps investors identify potential investment opportunities and mitigate risks through volume-price relationships and moving average arrangements. The article elaborates on the indicator's principles and applications through case studies, logical analysis, and usage tips. It aims to provide investors with a more scientific and rational investment tool to safeguard family wealth. The indicator focuses on identifying moments of significant price action and provides signals based on predefined criteria related to volume, price, and moving averages.

Telex Release Boosts Efficiency Reduces Risks in Global Trade

Telex Release Boosts Efficiency Reduces Risks in Global Trade

This paper provides an in-depth analysis of the Surrendered Bill of Lading (Telex Release B/L), explaining its definition, applicable scenarios, and operational procedures, while comparing its differences with the original B/L. It focuses on analyzing the potential risks associated with Surrendered B/Ls and proposes preventive measures. The importance of selecting reputable carriers and strictly verifying the consignee's qualifications is emphasized. The aim is to help foreign trade enterprises efficiently and safely complete cargo delivery.