Supply Chains Boost Efficiency with Marginal Gains Strategy

Supply Chains Boost Efficiency with Marginal Gains Strategy

The law of diminishing marginal returns highlights the accumulation of overall benefits through incremental improvements, offering an effective approach for businesses to enhance supply chain performance within limited budgets. Companies should adopt unified planning, data-driven decision-making, leverage artificial intelligence and scenario modeling, and continuously improve to adapt to changes, achieving cost savings and efficiency gains. By focusing on details and continuous optimization, businesses can gain a competitive edge. This approach allows for maximizing impact with minimal investment, proving particularly valuable in resource-constrained environments.

01/22/2026 Logistics Industry Insights
Read More
Barbados Customs Enhances Efficiency with HR Management Reform

Barbados Customs Enhances Efficiency with HR Management Reform

The Barbados Customs and Excise Department (BCED) is undergoing a competency-based HRM reform in collaboration with the World Customs Organization (WCO) and the International Monetary Fund (IMF). Aiming to enhance operational efficiency, revenue collection, and stakeholder engagement, BCED is committed to modernizing its talent management practices. This involves developing a competency framework, job catalog, and exploring the establishment of an internal HRM department. By strengthening its human resources, BCED seeks to contribute more effectively to economic development.

01/22/2026 Customs Knowledge
Read More
Namibia Enhances Trade Efficiency with Zambias ASYCUDA Expertise

Namibia Enhances Trade Efficiency with Zambias ASYCUDA Expertise

The Namibian Revenue Agency (NamRA) benchmarked the ASYCUDA World system at the Zambia Revenue Authority (ZRA), learning best practices in electronic payments and valuation control. This aims to enhance NamRA's automation, effectively implement the WTO Trade Facilitation Agreement, and promote trade development. This collaboration exemplifies South-South cooperation and highlights the WCO's role in advancing global trade facilitation. NamRA seeks to improve its customs processes by adopting ZRA's successful strategies, ultimately contributing to increased efficiency and reduced trade costs.

01/22/2026 Customs Knowledge
Read More
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
Read More
WCOJICA Program Strengthens Pacific Islands Customs Trade Efficiency

WCOJICA Program Strengthens Pacific Islands Customs Trade Efficiency

The WCO/JICA Joint Master Trainer Programme aims to enhance customs capacity in Pacific Island countries. Through long-term training and customized material development, the program cultivates a high-quality team of trainers. The 4th Working Group Meeting, held in Fiji, focused on refining training materials, improving training skills, and learning from international best practices. These efforts contribute to building a sustainable customs capacity building system in the region.

01/22/2026 Customs Knowledge
Read More
UK Trade Project Enhances Efficiency in Middleincome Nations

UK Trade Project Enhances Efficiency in Middleincome Nations

The UK Foreign and Commonwealth Office-funded 'Trade Facilitation Project in Middle-Income Countries' aims to assist Brazil, India, Nigeria, the Philippines, and South Africa in better implementing the Trade Facilitation Agreement (TFA). With technical support from the World Customs Organization and the World Bank Group, the project seeks to enhance these countries' trade efficiency and competitiveness, ultimately fostering economic growth. The project focuses on capacity building and streamlining trade processes to reduce costs and delays associated with cross-border trade, enabling these nations to fully benefit from the TFA.

01/22/2026 Customs Knowledge
Read More
Mbanza Congo Airport Adopts New Travel Efficiency Codes

Mbanza Congo Airport Adopts New Travel Efficiency Codes

This article provides detailed information about M'banza Congo Airport in Angola, including its IATA code (SSY), ICAO code (FNBC), geographical coordinates, and answers to frequently asked questions. The aim is to help readers easily grasp key airport details and facilitate convenient travel planning. It serves as a concise guide to understanding the essential aspects of M'banza Congo Airport, offering practical information for travelers and aviation enthusiasts alike.

01/22/2026 Airport Codes
Read More
Location Infrastructure Key to Logistics Efficiency Future Growth

Location Infrastructure Key to Logistics Efficiency Future Growth

Radar CEO Nick Patrick will host a webinar exploring how modern logistics companies can leverage location infrastructure to improve operational efficiency and enhance customer experience. The webinar will focus on route optimization, real-time monitoring, and customer service, providing logistics businesses with insights for transformation and upgrades. Attendees will learn practical strategies for using location data to streamline operations, improve delivery times, and boost customer satisfaction. This session offers valuable perspectives on the future of logistics through location-based innovation.

01/22/2026 Logistics Industry Insights
Read More
UPS Introduces Wearable Scanners to Improve Logistics Efficiency

UPS Introduces Wearable Scanners to Improve Logistics Efficiency

UPS has launched a new wearable scanning system, combining a ring scanner with a wrist/waist-mounted terminal. This significantly improves package scanning speed and accuracy, enabling real-time tracking and information transparency. The system aims to provide customers with faster and more reliable logistics services, optimize supply chains, and reduce costs. It has been deployed on a large scale and is continuously innovating, leading the future of the logistics industry. The wearable technology allows for hands-free operation, further streamlining the scanning process and enhancing worker productivity.

01/22/2026 Logistics
Read More
Mastering Minimum Order Quantity for Supply Chain Efficiency

Mastering Minimum Order Quantity for Supply Chain Efficiency

This article delves into the concept of Minimum Order Quantity (MOQ) and its significance for both buyers and sellers. It covers aspects from suppliers' profit protection and buyers' budget planning to the advantages of low MOQs and the role of MOQ in dropshipping and supply chains. Furthermore, the article comprehensively explains how to navigate MOQ, including negotiation strategies, to achieve cost reduction and efficiency in supply chain management. Ultimately, it aims to help businesses excel in the competitive market by strategically managing MOQs.

01/23/2026 Logistics Encyclopedia
Read More