Firms Boost Supply Chain Resilience Amid Economic Uncertainty

Firms Boost Supply Chain Resilience Amid Economic Uncertainty

Facing the risk of a global economic downturn, how should companies strengthen supply chain resilience? This article points out that geopolitical factors, inflationary pressures, demand fluctuations, compliance requirements, and increased competition are the main challenges facing enterprises. Through measures such as risk assessment, diversified sourcing, inventory optimization, digital transformation, and contingency plans, companies can effectively cope with uncertainty and ensure supply chain stability. These strategies help mitigate disruptions and maintain operational efficiency during periods of economic instability and heightened risk.

01/27/2026 Logistics Industry Insights
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Kickstarter Innovation Boon or Crowdfunding Risk

Kickstarter Innovation Boon or Crowdfunding Risk

This paper delves into the overseas crowdfunding platform Kickstarter, exploring its advantages and disadvantages. Through case study analysis, it provides strategies and practical advice for emerging brands seeking a market breakthrough abroad. It emphasizes the importance of preliminary preparation, marketing promotion, and platform operation. The aim is to help businesses successfully leverage Kickstarter for product validation and brand building, ultimately achieving their crowdfunding goals and expanding their global reach.

01/28/2026 Logistics Industry Insights
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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.

01/22/2026 Customs Knowledge
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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.

01/20/2026 Customs Knowledge
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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.

01/20/2026 Logistics Industry Insights
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Small US Importers Adapt to Tariff Uncertainty

Small US Importers Adapt to Tariff Uncertainty

Small U.S. importers are struggling due to constantly changing tariff policies, forcing them to adjust procurement strategies or abandon markets. The key to overcoming this challenge lies in flexible supply chain management and risk assessment, enabling businesses to remain competitive in an uncertain trade environment.

08/06/2025 Logistics Industry Insights
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Eswatini Boosts Customs Audits Via WCO Mercator Program

Eswatini Boosts Customs Audits Via WCO Mercator Program

A WCO Mercator Programme diagnostic of Eswatini Customs' PCA aimed to enhance risk management and trade compliance. The assessment recommended improvements to balance control and facilitation, ultimately promoting economic development. The findings highlighted areas for optimization in PCA processes, focusing on data analysis and risk profiling to improve efficiency and effectiveness. This will contribute to a more streamlined and secure trade environment, fostering economic growth and regional integration for Eswatini.

01/05/2026 Customs Knowledge
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Jordan Customs Boosts Efficiency Security with WCO Upgrade

Jordan Customs Boosts Efficiency Security with WCO Upgrade

The World Customs Organization (WCO) successfully piloted a new organizational risk management diagnostic tool within Jordan Customs, aiming to enhance its risk management capabilities in the face of increasingly complex international trade. Through comprehensive assessment and targeted recommendations, the WCO assisted Jordan Customs in developing an action plan to improve both clearance efficiency and security. This initiative serves as a valuable reference for the modernization efforts of other customs administrations.

01/30/2026 Customs Knowledge
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Shipping Lines Face Calls for Transparency After Hanjin Collapse

Shipping Lines Face Calls for Transparency After Hanjin Collapse

Following the Hanjin Shipping bankruptcy, shippers' demand for financial transparency in shipping companies has surged, with risk assessment tools like Z-score gaining prominence. Information asymmetry and regulatory gaps pose challenges. Shippers need to enhance due diligence, leverage third-party assessments, negotiate contractual clauses, and establish industry alliances. Diversifying carriers, exploring alternative options, optimizing inventory, and strengthening communication are effective risk management strategies. The shipping industry is moving towards greater transparency, regulation, and sustainability.

01/29/2026 Logistics Industry Insights
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