A recent Gartner survey reveals that women comprise 41% of the supply chain workforce, with a record high of 26% holding C-level positions. Despite significant progress, women still face challenges in advancing from entry-level management. Overcoming traditional biases, offering flexible work arrangements, and providing career development support are crucial to empowering women in supply chain and achieving gender equality.
To improve international trade efficiency, Bangladesh has implemented an Advance Manifest system, requiring carriers to submit manifests 24 hours before vessel departure. This initiative aims to enhance customs clearance efficiency, reduce trade costs, and strengthen security controls through pre-processing. Shippers are required to cooperate by submitting accurate shipping instructions. This system is expected to significantly contribute to trade facilitation and streamline the import/export process for Bangladesh.
To mitigate risks associated with air cargo, shippers can adopt a dual-protection strategy: purchasing air transport insurance and declaring the value of the goods. Insurance transfers risk to the insurance company through compensation. Declared value carriage ensures the carrier assumes full liability for compensation based on the pre-declared value. This combination maximizes the shipper's protection and safeguards their interests against potential losses or damages during air transportation.
This article provides US FBA sellers with strategies to secure air freight inventory during peak season. It covers key aspects such as early preparation, securing cargo space, selecting reliable logistics providers, utilizing multimodal transport as backup, real-time monitoring and early warning systems, and optimizing cargo pre-processing. By implementing these strategies, sellers can effectively manage inventory during peak season challenges, ensuring sufficient stock and maximizing market opportunities.
Shopify's duties and import taxes feature is now available to all plan users. Merchants can pre-collect duties at checkout, enhancing cost transparency and reducing rejection rates. To ensure smooth operation, bind the DDP shipping label, accurately fill in product information, update logistics policies, prepare commercial invoices, and optimize the refund process. This allows for a more streamlined and predictable experience for international customers, ultimately boosting sales and customer satisfaction.
Ozon has partnered with JD Logistics to launch a pre-positioned warehouse delivery model and has opened a fulfillment center in Dongguan, significantly reducing cross-border logistics time to within 14 days. Ozon also plans to expand the number of pick-up points to improve logistics convenience. These initiatives aim to enhance user experience, expand market share, and bring new development opportunities for cross-border e-commerce sellers.
Temu is accelerating its global expansion, targeting the Canadian and Spanish markets. With its low-price strategy and comprehensive product categories, it aims to gain a foothold in the highly competitive e-commerce market. Furthermore, Temu's US site has launched a JIT pre-sale model to reduce operating costs for merchants and improve delivery efficiency, helping them better respond to market changes and prepare for the Black Friday challenge.
US e-commerce faces a high return rate challenge, with returns projected to reach $279 billion this year, far exceeding pre-pandemic levels. Inflation and changing consumer behavior are major contributors. This high return rate erodes profits, requiring sellers to optimize product information, strengthen customer service, implement flexible return policies, and collaborate with logistics partners. Utilizing data analytics to predict return peaks is crucial to address this challenge.
Facing declining e-commerce market share, eBay is shifting its focus to the burgeoning pre-owned luxury goods market, aiming to revitalize its e-commerce empire. By optimizing the user interface, expanding product categories, and strengthening authentication processes, eBay hopes to stand out in a competitive landscape. However, the rise of new platforms and brand-owned resale stores presents challenges. Whether eBay can successfully navigate this shift remains to be seen.
This article provides an in-depth analysis of demurrage mitigation strategies in ocean freight, emphasizing comprehensive management encompassing pre-emptive measures, proactive application during the process, and post-event appeals. By clarifying free time, actively requesting extensions, and efficiently substantiating claims, businesses can effectively control cross-border logistics costs and minimize losses associated with demurrage charges. The paper highlights practical approaches to reduce financial impact through proactive management and strategic negotiation.
