WCO Enhances PICARD Standards to Strengthen Global Customs Operations

WCO Enhances PICARD Standards to Strengthen Global Customs Operations

The World Customs Organization (WCO) is upgrading the PICARD Professional Standards (PS) to adapt to the evolving global trade landscape. The updated standards will encompass key areas such as public-private sector cooperation, customs and tax function integration, and coordinated border management. It will also address emerging trends, security, trade facilitation, technological advancements, and project management. The WCO invites stakeholders to participate in capacity building initiatives to jointly promote global customs development. This collaborative effort aims to enhance customs efficiency and effectiveness worldwide.

01/07/2026 Customs Knowledge
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Supplier Segmentation Enhances Supply Chain Efficiency in SRM

Supplier Segmentation Enhances Supply Chain Efficiency in SRM

Supplier classification management is crucial for enhancing SRM effectiveness. By scientifically categorizing suppliers, companies can optimize resource allocation, focus on key suppliers, and build deep partnerships, achieving lean supply chain operations and improving overall competitiveness. Common classification dimensions include purchase volume, strategic importance, risk level, and innovation capability. Businesses need to establish a comprehensive data analysis system and cross-departmental collaboration mechanisms, and continuously optimize classification standards and management strategies. Effective supplier classification leads to better risk mitigation and improved supplier performance.

01/16/2026 Logistics Industry Insights
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Amazon Accelerates Removal of Unsellable Inventory

Amazon Accelerates Removal of Unsellable Inventory

Amazon has announced a new policy, effective October 14th, shortening the automatic removal cycle for unsellable inventory from 30 days to 14 days, resulting in bi-monthly removals. Sellers need to closely monitor inventory status, improve management efficiency, utilize removal and disposal options strategically, and promptly adjust operational strategies to adapt to the new inventory management rules and minimize potential losses. This change necessitates proactive inventory control and a flexible approach to handling unsellable items to avoid unexpected storage fees or disposal costs.

01/16/2026 Logistics
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Logistics Experts Warn of Peak Season Supply Chain Strains

Logistics Experts Warn of Peak Season Supply Chain Strains

AFS Logistics expert Tom Nightingale delves into critical issues in the freight transportation and logistics market on the Logistics Management podcast. He discusses peak season outlook, capacity and rates, the trend of nearshoring, and the impact of the Baltimore incident. Nightingale emphasizes the importance of strengthening supply chain risk management, adapting to market fluctuations, and embracing digital technologies to enhance supply chain resilience and competitiveness. Businesses should proactively manage risks and leverage technology for a more robust and agile supply chain.

01/15/2026 Logistics Industry Insights
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Colombia Customs Boosts Efficiency with WCO Partnership

Colombia Customs Boosts Efficiency with WCO Partnership

The World Customs Organization (WCO), through its Global Trade Facilitation Programme (GTFP), remotely assisted the Colombian Customs (DIAN) in strategic planning and optimizing its Key Performance Indicators (KPIs) system to improve management efficiency. The project aims to build a sustainable performance management system, supporting DIAN's institutional transformation and capacity building. This initiative lays the foundation for the modernization of Colombian Customs and contributes to global trade facilitation efforts. The GTFP's support is crucial for enhancing DIAN's strategic alignment and operational effectiveness.

01/19/2026 Customs Knowledge
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Climate Change Disrupts Supply Chains Amid Extreme Rainfall

Climate Change Disrupts Supply Chains Amid Extreme Rainfall

Climate change is exacerbating extreme rainfall events, posing significant challenges to supply chains. Businesses need to conduct risk assessments, optimize geographical locations, reinforce infrastructure, diversify supply chains, improve inventory management, apply advanced technologies, purchase insurance, and strengthen collaboration and information sharing. Integrating sustainability into supply chain management is crucial for enhancing resilience, mitigating climate risks, and ensuring supply chain stability and sustainable business development. Addressing these challenges proactively will be vital for maintaining operational continuity in the face of increasing climate-related disruptions.

01/19/2026 Logistics Industry Insights
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Millennials Drive Logistics Tech Boom Spurring Industry Growth

Millennials Drive Logistics Tech Boom Spurring Industry Growth

The annual salary survey by *Logistics Management* magazine reveals a growing trend of younger professionals in the logistics industry. This young workforce is driving technology adoption and salary changes. Companies need to prioritize technology upgrades, optimize corporate culture, provide transparent compensation, and offer clear career paths to attract and retain talent. This is crucial for embracing a sustainable future for the logistics industry. The increasing presence of young professionals signifies a shift that necessitates strategic adjustments in talent management and technological investment.

01/19/2026 Logistics Industry Insights
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