Temu SHEIN Reshape Freight Forwarding with Fast Supply Chains

Temu SHEIN Reshape Freight Forwarding with Fast Supply Chains

The rapid supply chain models of Temu and SHEIN pose multiple challenges to freight forwarding companies, including cost, timeliness, compliance, and service quality. Freight forwarders need to restructure their service chains, optimize costs, improve efficiency, strengthen compliance, upgrade services, and promote digital transformation to adapt to the demands of e-commerce platforms and achieve sustainable development. This requires a fundamental rethinking of traditional practices and a proactive approach to embracing new technologies and strategies.

Key Trade Policies Set at 60th HS Committee Meeting

Key Trade Policies Set at 60th HS Committee Meeting

The World Customs Organization has updated its commodity classification, including 21 new opinions, 18 revised explanatory notes, and 45 classification rulings. Businesses need to understand and master these changes to ensure compliant trade. Failure to properly classify goods can lead to delays, fines, and other penalties. Staying informed about HS code updates is crucial for accurate declarations and smooth customs clearance. This update emphasizes the importance of ongoing training and diligence in commodity classification practices.

WCO Enhances Kyrgyzstans Customs for Trade Efficiency

WCO Enhances Kyrgyzstans Customs for Trade Efficiency

The WCO, in collaboration with the OSCE, is assisting the Kyrgyz Republic Customs in launching a new round of Time Release Study (TRS). This initiative aims to optimize customs clearance procedures, reduce trade costs, and promote economic development within the country. By analyzing the time taken for goods to be released, the study will identify bottlenecks and areas for improvement in the customs process, ultimately leading to enhanced trade facilitation and increased efficiency.

Inovance Tech Advances Smart Manufacturing Via Automation

Inovance Tech Advances Smart Manufacturing Via Automation

INVT focuses on the industrial automation field, driving manufacturing transformation and upgrading with self-developed core technologies. The company has built five core technology systems, and its products are widely used in industries such as elevators, cranes, and machine tools. INVT is also actively expanding into emerging fields such as new energy vehicles and industrial robots. Through globalization strategies and digital transformation, INVT is striving to become a leading global provider of industrial automation solutions.

Ebay UK Tightens Product ID Rules for Seller Listings

Ebay UK Tightens Product ID Rules for Seller Listings

eBay UK is updating its product identifier policy, requiring all listings (including refurbished items) to include accurate identifiers. This aims to improve search visibility and boost sales. Sellers are advised to review and update their Good 'Til Cancelled (GTC) listings to comply with the new requirements. Failure to do so may negatively impact listing performance. Ensuring accurate product identifiers will help buyers find what they're looking for and ultimately lead to increased sales for sellers.

Ecommerce Sellers Prepare Inventory for Peak Season Demand

Ecommerce Sellers Prepare Inventory for Peak Season Demand

This article provides inventory preparation strategies for cross-border e-commerce sellers during the peak season in the second half of the year, focusing on three key periods: Black Friday/Cyber Monday, Christmas, and Chinese New Year. It summarizes common strategies such as staggered shipments, setting safety stock levels, and distributing shipments across multiple channels. The aim is to help sellers efficiently manage inventory, capitalize on peak season opportunities, and achieve sales growth.

Ozon Adjusts Seller Fees and Fixes Exchange Rates

Ozon Adjusts Seller Fees and Fixes Exchange Rates

Ozon Marketplace announced commission rate adjustments for overseas sellers, effective August 1st (ranging from 5% to 15%). The platform is also expanding its product categories by adding 83 new ones and optimizing the exchange rate settlement mechanism by locking the rate at the time of sale. These changes aim to balance the interests of the platform and sellers, improve service quality, reduce exchange rate risks, and help sellers better predict their earnings.

OZON Reports Top Holiday Season Sales in Russia

OZON Reports Top Holiday Season Sales in Russia

Winter is a peak season for sales on the Russian OZON platform, especially from New Year's to the Spring Festival. This article provides OZON winter product selection strategies, including categories such as holiday decorations, gifts, warm clothing, home goods, entertainment products, beauty and skincare products, and food. It emphasizes the importance of following trends, focusing on product quality, optimizing product listings, and providing excellent customer service to maximize sales during this profitable period.

Saudi Arabias Noon Mandates Einvoicing for Sellers

Saudi Arabias Noon Mandates Einvoicing for Sellers

Saudi Arabia's Noon platform has introduced a new policy for collecting e-invoices on behalf of local sellers, allowing them to join the ZATCA system to simplify tax processes. While this doesn't directly impact Chinese cross-border sellers currently, it signals increased tax regulation in Saudi Arabia. Sellers are advised to accurately declare income and operate in compliance. The article details the steps for Saudi local sellers to join the ZATCA system.

Guide to Avoiding Amazon US Seller Registration Errors

Guide to Avoiding Amazon US Seller Registration Errors

This article addresses common information filling errors encountered during Amazon US registration, such as name spelling, address details, and bank account information. It provides detailed troubleshooting solutions and precautions to help sellers efficiently complete registration, avoid unnecessary issues, and successfully start their Amazon operations. The guide aims to streamline the registration process by highlighting potential pitfalls and offering practical advice for accurate data entry, ensuring a smoother onboarding experience for new Amazon sellers.