UK Border Force WCO Boost Global Trade Security

UK Border Force WCO Boost Global Trade Security

The World Customs Organization (WCO), in collaboration with UK Border Force (UKBF), is upgrading the WCO Cargo Targeting System (WCO CTS) to enhance risk identification and response capabilities for customs administrations worldwide. This collaboration will leverage combined expertise to create more robust data processing and risk assessment functionalities. The upgraded system will support the WCO SAFE Framework, contributing to a more secure and efficient global trade system. The focus is on improving pre-arrival cargo inspection and bolstering overall trade security through advanced risk assessment techniques.

Moldova Strengthens Border Controls with New Customs Measures

Moldova Strengthens Border Controls with New Customs Measures

The World Customs Organization (WCO) conducted a risk management workshop for the Customs Service of Moldova. This initiative aimed to enhance their capabilities in combating fraud and improving risk analysis at airports. The workshop contributes to building a more secure border protection system for Moldova, strengthening its ability to identify and mitigate potential threats related to cross-border movements of goods and people. By focusing on risk management principles and best practices, the WCO supports Moldova in safeguarding its national security and facilitating legitimate trade.

New Zealand Customs Boosts Global Trade Security with AEO Program

New Zealand Customs Boosts Global Trade Security with AEO Program

This paper delves into New Zealand Customs' strategies and practices concerning Authorized Economic Operators (AEO) and risk management. It specifically analyzes the operational mechanisms of its 'Secure Export Scheme' (SES) and the concrete steps involved in its risk management approach. By summarizing the New Zealand experience, this study offers valuable insights for other countries in building secure and efficient global trade supply chains. The analysis of SES and risk management techniques provides a practical understanding of how New Zealand Customs ensures trade security while facilitating legitimate trade.

Mongolia Boosts Customs Efficiency with WTO Trade Initiative

Mongolia Boosts Customs Efficiency with WTO Trade Initiative

With the support of the Swiss State Secretariat for Economic Affairs and the World Customs Organization, the Mongolian Customs General Administration successfully held a risk management workshop. The workshop aimed to enhance risk identification, assessment, and response capabilities. Through practical exercises, experience sharing, and learning from Australian border management practices, Mongolian Customs is expected to significantly improve customs clearance efficiency, reduce trade costs, create more favorable conditions for economic development, and maintain national border security. The ultimate goal is to strengthen risk management practices and facilitate trade.

South Africa Nigeria Strengthen Trade Ties Under Afcfta

South Africa Nigeria Strengthen Trade Ties Under Afcfta

Supported by the WCO's Accelerate Trade Facilitation Programme, the South African Revenue Service (SARS) and the Nigeria Customs Service (NCS) successfully conducted an experience exchange focusing on post-clearance audit, Authorized Economic Operator (AEO), and risk management. The aim was to enhance the NCS's risk management capabilities, promote trade compliance, and contribute to the prosperity of the African Continental Free Trade Area (AfCFTA). This collaboration underscores the importance of customs cooperation in facilitating trade and strengthening regional economic integration through improved risk assessment and streamlined procedures.

Aviation Sector Focuses on Resilience Amid Security Risks

Aviation Sector Focuses on Resilience Amid Security Risks

This course aims to enhance the safety risk management and crisis response capabilities of aviation professionals. By learning key aspects such as risk assessment, risk minimization, and crisis management, participants will acquire practical skills to identify, evaluate, and respond to safety threats. The goal is to build more resilient organizations capable of addressing the increasingly complex safety challenges within the aviation industry. The course emphasizes practical application and real-world scenarios to improve decision-making during critical events and promote a proactive safety culture.

Biogen Adapts Supply Chain to Weekly Disruptions

Biogen Adapts Supply Chain to Weekly Disruptions

This paper explores how companies can leverage effective supply chain risk management to address disruptions like hurricanes, earthquakes, and data breaches. The Biogen case demonstrates that visualizing risks, proactive mapping, efficient response organizations, data technology integration, and risk mitigation strategies can significantly enhance supply chain resilience, reduce losses, and drive business growth. Investing in supply chain risk management is crucial for navigating global challenges. It allows for better preparedness and faster recovery from unexpected events, ensuring business continuity and competitive advantage in an increasingly volatile world.

Aviation Industry Adopts Iatas SIRM Hub for Enhanced Safety

Aviation Industry Adopts Iatas SIRM Hub for Enhanced Safety

The IATA's Safety Risk Information Management (SIRM) program is a treasure trove of knowledge for aviation safety risk management. Through regular meetings, case sharing, and lessons learned, SIRM provides the aviation industry with a platform for continuous learning and improvement. This paper delves into SIRM bulletins and presentations, exploring how to leverage SIRM knowledge to enhance aviation safety levels and collectively create a safer aviation environment. It highlights the importance of proactive risk management and knowledge sharing within the industry to mitigate potential hazards and improve overall safety performance.

Datadriven Lean Management Boosts Supply Chain Resilience

Datadriven Lean Management Boosts Supply Chain Resilience

IHS Markit research indicates that supply chain leaders prioritize spend analysis, category management, and risk management. Many organizations face challenges related to data and technology resource shortages. Companies need to strengthen data-driven lean management and build resilient supply chains by investing in data analytics tools, developing talent, and shifting mindsets. This will improve efficiency, reduce costs, and enhance risk response capabilities.

Brexit Spurs Supply Chain Strategies for UK Businesses

Brexit Spurs Supply Chain Strategies for UK Businesses

Brexit poses a significant disruption risk to supply chains. UK companies are exploring localization and cost control strategies, while EU businesses are restructuring to mitigate potential risks. To navigate this challenging environment, companies should diversify their supply chains, embrace digital transformation, strengthen risk management practices, and remain agile. By proactively adapting to the changing landscape, businesses can turn potential threats into opportunities.