Firms Urged to Assess Supplier Risks Amid Supply Chain Woes

Firms Urged to Assess Supplier Risks Amid Supply Chain Woes

Supplier risk assessment is crucial for ensuring supply chain stability. This paper highlights the importance of supplier risk assessment, covering various aspects including financial, operational, compliance, and reputational risks. C3 Solutions offers free templates to help businesses streamline the assessment process, improve efficiency, and proactively mitigate potential issues. By implementing a robust risk assessment strategy, companies can better protect their supply chains from disruptions and maintain business continuity.

Warehouses Boost Flood Defenses to Protect Supply Chains

Warehouses Boost Flood Defenses to Protect Supply Chains

Warehouses face increasing flood risks, making proactive flood risk management crucial for enhancing warehouse resilience. By implementing strategies such as risk mitigation, supply chain agility, and risk diversification, companies can build more resilient supply chains. This approach minimizes losses during unexpected events and ensures business continuity and sustainable development. Focusing on these elements strengthens a company's ability to withstand disruptions and maintain operational effectiveness in the face of growing environmental challenges.

01/29/2026 Warehousing
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Canadian Dollar Rises As Fed Hawks Fuel Market Volatility

Canadian Dollar Rises As Fed Hawks Fuel Market Volatility

Last Friday's FX market was complex. US stock declines triggered risk aversion, strengthening the USD against risk currencies, but failing to move the Euro and Canadian Dollar. The Canadian Dollar benefited from strong economic data, bucking the trend. The Australian and New Zealand Dollars fell due to risk sentiment. Hawkish comments from Fed officials resurfaced, highlighting inflation concerns. The article also provides technical analysis outlooks for major currency pairs.

Sudan Boosts Customs Security to Spur Economic Growth

Sudan Boosts Customs Security to Spur Economic Growth

Sudan Customs, with the support of the WCO, organized a risk management workshop aimed at enhancing risk management capabilities. The workshop focused on establishing target centers and selective inspection systems. This initiative is crucial for improving customs efficiency and security by enabling Sudan Customs to better identify and manage potential risks associated with trade. The WCO's support underscores the importance of international collaboration in strengthening customs administrations and promoting effective risk management practices.

Mongolias Customs Reforms Enhance Trade Efficiency

Mongolias Customs Reforms Enhance Trade Efficiency

Mongolian Customs has significantly improved its risk management capabilities under the World Customs Organization (WCO)'s 'Light Touch Intervention' (LTI) project. Through capacity building, strategic upgrades, and standardization, risk management efficiency has increased by 30%, and the physical inspection rate of goods has decreased by 20%. This advancement lays the foundation for a more competitive trade environment in Mongolia, streamlining processes and reducing unnecessary delays for legitimate trade while focusing resources on high-risk areas.

Mastering Incoterms Cuts Hidden Costs in Global Shipping

Mastering Incoterms Cuts Hidden Costs in Global Shipping

This article delves into the underlying rules, practical cases, and risk avoidance strategies for five commonly used Incoterms (EXW, FOB, CIF, DAP, DDP) in door-to-door sea freight. It emphasizes the crucial impact of Incoterms selection on cost control, customer experience, and risk management. By providing a "golden formula," it guides readers to choose the optimal terms based on customer type, hidden costs, and risk boundaries, ultimately achieving profitability through rule-based decision-making.

Shipping Companies Face FMC Investigation Over Risk of Penalties for Urging Return of Empty Containers or Refusing Export Services

Shipping Companies Face FMC Investigation Over Risk of Penalties for Urging Return of Empty Containers or Refusing Export Services

Due to labor shortages caused by the pandemic, ports in Southern California are severely congested. Shipping companies are eager to send empty containers back to Asia, potentially neglecting services for U.S. exporters. If the charges against the carriers are confirmed, the Federal Maritime Commission will impose fines, emphasizing the responsibility of the shipping industry to comply with laws and regulations.

07/23/2025 Logistics
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Amazon Tightens Delivery Rules for SFP Sellers

Amazon Tightens Delivery Rules for SFP Sellers

Amazon US SFP policy is adjusted: the on-time delivery rate requirement is reduced from 97% to 93.5%, and the assessment period is shortened from 30 days to 7 days. The policy aims to balance consumer experience and seller efficiency. Sellers need to improve logistics stability and optimize inventory management to adapt to the new assessment standards.

12/30/2025 Logistics
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Vietnam Gains Visafree Entry to Malaysia China Faces Quarantine

Vietnam Gains Visafree Entry to Malaysia China Faces Quarantine

Malaysia offers a visa-free policy for Vietnamese citizens, allowing stays of up to 30 days. However, a 14-day mandatory quarantine is still required upon entry into China, with costs borne by the traveler. Exemptions may be possible under special circumstances. Travelers are strongly advised to consult the embassy or consulate for the latest policy updates before traveling.