Foreign Trade Firms Shift from Sales to Marketing for Growth

Foreign Trade Firms Shift from Sales to Marketing for Growth

Foreign trade enterprises should shift from a sales-oriented to a marketing-oriented mindset. This involves gaining a deep understanding of target markets, creating differentiated products, building a strong brand image, and establishing a robust customer relationship management (CRM) system. Furthermore, leveraging digital marketing tools is crucial for standing out in a competitive market and achieving sustainable growth. By embracing these strategies, foreign trade businesses can enhance their market presence and foster long-term success.

IATA Simplifies Agent Accreditation Drops Passport Copy Rule

IATA Simplifies Agent Accreditation Drops Passport Copy Rule

IATA has updated its agent accreditation requirements, making passport/ID copies of shareholders optional instead of mandatory. This aims to simplify the accreditation process, reduce compliance costs for agents, and improve efficiency. While enjoying these benefits, agents must still adhere to IATA's overall requirements and operate with integrity. This change streamlines the process without compromising the core principles of IATA accreditation, promoting a more efficient and accessible system for qualified travel agents globally.

Smart Yard Systems Boost Warehouse Logistics Efficiency

Smart Yard Systems Boost Warehouse Logistics Efficiency

The warehouse yard is often an overlooked link in the supply chain. By implementing a smart Yard Management System (YMS), companies can achieve comprehensive monitoring and management of vehicles, goods, personnel, and equipment. Moving beyond paper-based records to digital transformation allows for real-time tracking of overall dynamics, collaborative operations to improve overall efficiency, and data-driven decision-making for optimization. Ultimately, this reduces costs, increases efficiency, and enhances supply chain competitiveness.

Experts Analyze US Federal Surface Transportation Acts Impact

Experts Analyze US Federal Surface Transportation Acts Impact

At the SMC3 JumpStart 2021 conference, experts discussed the prospects for the US federal surface transportation authorization bill with both optimism and caution. Key challenges include funding sources, the definition of infrastructure, and bipartisan dynamics. Recommendations included clarifying goals, seeking consensus, innovating financing, focusing on freight, and strengthening regulation to build a safe, efficient, and sustainable transportation system. The discussion highlighted the complexities and opportunities surrounding infrastructure development and policy implementation in the United States.

Postfukushima Supply Chains Adopt Resilience Strategies

Postfukushima Supply Chains Adopt Resilience Strategies

This paper analyzes the current state and challenges of supply chain risk management in the post-Fukushima era. It highlights the inadequate preparedness of enterprises in risk response and proposes a tiered risk management strategy. This strategy includes risk identification and assessment, quantitative ranking, cost-benefit analysis, responsibility implementation, and the application of analytical tools. The aim is to assist enterprises in building a resilient supply chain system, capable of withstanding and recovering from disruptions.

Shopee Malaysia Replaces MYB Warehouse with New MYK Facility

Shopee Malaysia Replaces MYB Warehouse with New MYK Facility

Shopee Malaysia will launch the new official overseas warehouse MYK in 2026, with the old warehouse MYB being gradually phased out. Sellers need to update their inbound plans promptly and pay attention to the suspension of inbound reservations for both new and old warehouses. This upgrade only involves system code updates, and there is no need to physically move the goods. This aims to improve efficiency and capacity for Shopee sellers in Malaysia.

02/05/2026 Logistics
Read More
Walmart Expands Into Pet Care Amid Healthcare Shift

Walmart Expands Into Pet Care Amid Healthcare Shift

Walmart is closing its human clinics and aggressively expanding its pet care centers, aiming to capitalize on the vast potential of the pet healthcare market. By offering routine veterinary care, grooming services, and online veterinary consultations and pet pharmacy services, Walmart seeks to create an integrated online and offline pet healthcare service system. This strategy aims to enhance the appeal of Walmart+ membership. Whether this "pet enrichment plan" will succeed remains to be seen.

Digital Procurement Systems Cut Costs in Crossborder Ecommerce

Digital Procurement Systems Cut Costs in Crossborder Ecommerce

The demand for green procurement in cross-border e-commerce is increasing, posing challenges to traditional procurement models. The KEYFIL procurement system helps companies achieve efficient, low-carbon, and sustainable green procurement and enhance market competitiveness through multi-supplier management, flexible order splitting and consolidation, connection with logistics and financial systems, and multi-dimensional report analysis. It addresses the evolving needs of businesses seeking to integrate environmentally responsible practices into their global sourcing strategies.

New HS 2028 Codes Target Global Plastic Waste Trafficking

New HS 2028 Codes Target Global Plastic Waste Trafficking

HS 2028 revises customs codes to more accurately identify and classify plastic waste, especially hazardous waste, thereby strengthening the implementation of the Basel Convention. This new coding system aims to improve customs regulatory efficiency, standardize corporate compliance, and ultimately curb the illegal transboundary movement of plastic waste, protecting the global environment. The revised codes facilitate better tracking and control of plastic waste shipments, ensuring environmentally sound management and preventing illegal dumping in developing countries.

G77 Pushes Trade Reforms for Inclusive Growth in Developing Nations

G77 Pushes Trade Reforms for Inclusive Growth in Developing Nations

This proposal aims to ensure that developing countries and least developed countries fully benefit from the Trade Facilitation Agreement. It advocates for a fair and pragmatic trade facilitation system through the principles of Special and Differential Treatment, as well as technical assistance and capacity building support. The ultimate goal is to promote the inclusiveness and sustainable development of the global economy, ensuring that all nations can participate and prosper from streamlined trade processes.