Big Data Boosts Supply Chain Efficiency

Big Data Boosts Supply Chain Efficiency

The increasing demand for advanced data analysis in large supply chains offers benefits like accurate forecasting, efficient logistics, and intelligent inventory management. However, companies should carefully assess their data availability, talent pool, and clear objectives to avoid falling into the 'big data trap'. SMEs should start small, gradually improve data quality, and cultivate data analysis skills to truly benefit. A phased approach and continuous improvement are key to successfully leveraging data analytics in supply chain management.

01/29/2026 Logistics Industry Insights
Read More
US Service Sector Expands Strongly in January ISM Report

US Service Sector Expands Strongly in January ISM Report

US service sector activity rebounded strongly in January, with the Services PMI returning to expansionary territory. Industry performance was mixed, but sub-indices showed broad-based improvement. Supply chain bottlenecks and inflationary pressures persist, potentially slowing future growth. Recommendations include alleviating supply chain issues, controlling inflation, supporting innovation, optimizing the business environment, and strengthening workforce training to promote sustained recovery in the service sector. These measures are crucial for fostering a healthy and resilient service economy.

01/30/2026 Logistics Industry Insights
Read More
Toyota Raymond Boost North American Forklift Market Presence

Toyota Raymond Boost North American Forklift Market Presence

Toyota Material Handling (TMH) and The Raymond Corporation have integrated to form Toyota Material Handling North America (TMHNA), effective April 1, 2024. This integration aims to improve operational efficiency and better serve customers while maintaining the independence of the Toyota and Raymond brands. TMHNA will integrate R&D, supply chain, and sales networks to enhance market competitiveness. The company is committed to technological innovation and service improvement, solidifying its position in the North American material handling market.

01/30/2026 Logistics
Read More
Guide to Selecting Refrigerated Container Sizes and Specs

Guide to Selecting Refrigerated Container Sizes and Specs

This article provides a detailed overview of refrigerated container size specifications, types, temperature ranges, and selection key points. It aims to help readers better understand refrigerated containers and make informed choices based on their needs, ensuring the safety and efficiency of goods in cold chain transportation. The article also looks forward to future development trends of refrigerated containers, including intelligentization, environmental protection, and efficiency improvement. It covers essential aspects for optimizing cold chain logistics using refrigerated containers.

01/30/2026 Logistics Encyclopedia
Read More
Tajikistan Customs Boosts Efficiency with WCO Study

Tajikistan Customs Boosts Efficiency with WCO Study

The World Customs Organization (WCO) successfully conducted a Time Release Study (TRS) workshop for Tajikistan Customs, aiming to help the country launch a new TRS cycle and enhance trade facilitation. The workshop reviewed the TRS methodology, explained software usage, and facilitated experience sharing. By assessing cargo clearance times, TRS assists customs in optimizing processes, improving efficiency, and promoting global trade facilitation and economic growth. The study helps identify bottlenecks and areas for improvement within the customs clearance process.

01/30/2026 Customs Knowledge
Read More
US Manufacturing Growth Slows Amid Economic Uncertainty

US Manufacturing Growth Slows Amid Economic Uncertainty

The US manufacturing PMI edged up slightly in May, but weak demand remains a major challenge. The New Orders Index is sluggish, exports are hampered, inventories are piling up, and supply chain bottlenecks persist. Impacted by the pandemic and the trade war, companies need to actively respond to achieve recovery. Low new orders, export difficulties, and inventory buildup indicate underlying weakness despite the slight PMI improvement. Addressing supply chain issues and stimulating demand are crucial for a sustainable rebound.

02/03/2026 Logistics Industry Insights
Read More
Smart Marketing Boosts Underperforming Trade Websites

Smart Marketing Boosts Underperforming Trade Websites

Struggling with high investment and low returns on your foreign trade website? Traditional marketing methods are inefficient and difficult to evaluate. Integrated intelligent platforms, like ABK Intelligent Website Building, break the vicious cycle of inefficiency through content automation, SEO automation, data-driven approaches, and centralized management, achieving cost reduction and efficiency improvement. Case studies show that using intelligent platforms can significantly improve keyword coverage and inquiry volume, making it a key for foreign trade companies to enhance their competitiveness.

02/02/2026 Logistics Industry Insights
Read More
Togos Customs Modernization Boosts Efficiency Revenue

Togos Customs Modernization Boosts Efficiency Revenue

Togo Customs has achieved significant results in tax collection, clearance efficiency, and regulatory enforcement by introducing a performance management system supported by the World Customs Organization. Tax revenue increased by 46%, clearance times were halved, and the detection rate of irregularities doubled. This experience provides a valuable lesson for other developing countries, emphasizing the importance of high-level commitment, international cooperation, and continuous improvement. It also looks forward to the application of digitalization and intelligence in customs reform.

02/02/2026 Customs Knowledge
Read More
Business Growth Driven by Value Chain Optimization

Business Growth Driven by Value Chain Optimization

Traditional Continuous Process Improvement (CPI) has limitations. The Primary Value Chain (PVC) approach offers a broader perspective, breaking down departmental silos and focusing on strategic alignment. By optimizing operations and enhancing overall efficiency across the entire value chain, businesses can achieve significant performance breakthroughs. This holistic approach ensures that improvements are not isolated but contribute to the overall strategic goals and sustainable growth of the organization. It emphasizes a comprehensive view to drive impactful and lasting results.

02/04/2026 Logistics Industry Insights
Read More
Bangladesh Customs Boosts Trade Efficiency with Wcobacked TRS Strategy

Bangladesh Customs Boosts Trade Efficiency with Wcobacked TRS Strategy

The WCO's GTFP assists the NBR in Bangladesh to optimize trade processes and improve efficiency. Through Time Release Studies (TRS) and workshops, it enhances transparency and risk management, fostering economic development. The TRS identifies bottlenecks and areas for improvement in customs procedures. By streamlining these processes, the GTFP contributes to faster clearance times, reduced costs for businesses, and increased trade competitiveness for Bangladesh. The focus on data-driven analysis and collaborative problem-solving ensures sustainable and impactful reforms.

02/03/2026 Customs Knowledge
Read More