Maldives Customs Modernizes Risk Management After WCO Report

Maldives Customs Modernizes Risk Management After WCO Report

The World Customs Organization (WCO) presented a diagnostic report to the Maldives Customs Service, highlighting areas for improvement in customs valuation, post-clearance audit, and risk management. The report recommended establishing a robust risk management system, optimizing valuation processes, and upgrading audit methodologies. The Commissioner General of Maldives Customs pledged to develop an action plan based on the recommendations to enhance customs efficiency and transparency, ultimately fostering economic development. This initiative aims to modernize customs operations and facilitate smoother trade flows for the Maldives.

12/30/2025 Customs Knowledge
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Zimbabwe Zambia Boost Trade with Customs Data Link

Zimbabwe Zambia Boost Trade with Customs Data Link

With the support of the World Customs Organization, Zimbabwe and Zambia are advancing customs data interconnectivity to facilitate cross-border trade. By standardizing data, establishing data exchange protocols, and creating a change management framework, the two countries aim to reduce clearance times, lower trade costs, and enhance risk management capabilities. This initiative serves as a model for customs cooperation in other African nations, promoting regional economic integration. The project emphasizes streamlined processes and improved efficiency, ultimately contributing to a more competitive and integrated trading environment.

01/05/2026 Customs Knowledge
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Risk Management Essentials CRMS Model and Key Strategies

Risk Management Essentials CRMS Model and Key Strategies

This paper delves into the golden rules of risk management, learning curves, and the CRMS® model. It emphasizes the significance of non-subjective standards, dynamic risk profiling, system encryption, and automated processes in risk assessment. Furthermore, it elucidates technology-driven and demand-pull innovation models, along with the application of econometrics within the CRMS® model. The aim is to provide readers with a comprehensive and practical knowledge framework for risk management, highlighting key principles and methodologies for effective risk mitigation and strategic decision-making.

01/05/2026 Customs Knowledge
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Datadriven Tactics Cut Crossborder Ecommerce Costs

Datadriven Tactics Cut Crossborder Ecommerce Costs

This paper delves into the critical aspects of cross-border e-commerce logistics, offering optimization strategies from a data analysis perspective to help sellers reduce costs and increase efficiency. It covers processes such as order processing, inventory management, customs clearance, and last-mile delivery, while emphasizing risk management and practical strategies. The aim is to improve cross-border logistics efficiency, ultimately achieving customer satisfaction and business growth. The analysis provides actionable insights for streamlining operations and enhancing overall supply chain performance in the global e-commerce landscape.

01/19/2026 Logistics Encyclopedia
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AFS Logistics Expert Analyzes Freight Industry Challenges

AFS Logistics Expert Analyzes Freight Industry Challenges

The 'Logistics Management' podcast features AFS Logistics expert Tom Nightingale discussing challenges and opportunities in the freight logistics market. Topics include peak season outlook, capacity rates, nearshoring, and the impact of the Baltimore bridge collapse. Nightingale advises businesses to plan ahead, diversify their supply chains, and leverage technology for optimized management. He emphasizes proactive strategies to mitigate risks and capitalize on emerging trends in the evolving logistics landscape, ultimately ensuring greater resilience and efficiency in their operations. This includes exploring alternative sourcing options and streamlining processes.

01/15/2026 Logistics Industry Insights
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Kewills Express Platform Boosts SME Logistics Efficiency

Kewills Express Platform Boosts SME Logistics Efficiency

Kewill launches Flagship Express, a cloud-based supply chain management solution designed for SMEs. This cost-effective solution requires no hardware, is easy to integrate, and helps improve logistics competitiveness. By leveraging the cloud, SMEs can access powerful supply chain capabilities without significant upfront investment. Flagship Express aims to empower smaller businesses to optimize their logistics processes and compete more effectively in the market. It offers a streamlined and accessible approach to supply chain management, tailored to the specific needs and budgets of SMEs.

01/22/2026 Logistics
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Amazon FBA Explained: A Complete Guide

Amazon FBA Explained: A Complete Guide

Amazon FBA (Fulfillment by Amazon) offers sellers efficient fulfillment services, helping them reduce shipping times and enhance customer experience. The primary advantages of FBA include cost savings in management, increased sales opportunities, simplified return processes, and brand visibility. By utilizing Amazon's warehousing and logistics system, sellers can achieve better market opportunities, making it suitable for selling small, high-margin products.

07/14/2025 Logistics Encyclopedia
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WCO and GS1 Collaborate to Enhance Global Trade Data Standards

WCO and GS1 Collaborate to Enhance Global Trade Data Standards

The World Customs Organization (WCO) collaborates with GS1 to build a more secure, efficient, and transparent global trade ecosystem through data-driven solutions. Their cooperation spans data standardization, risk management, and technological innovation, addressing global trade challenges and enhancing trade facilitation. This partnership aims to contribute to global economic prosperity by promoting streamlined processes and improved security measures within international trade.

01/05/2026 Customs Knowledge
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Greenscreensai Hubtek Use AI to Transform Freight Pricing

Greenscreensai Hubtek Use AI to Transform Freight Pricing

Greenscreens.ai partners with Hubtek to leverage machine learning for a neutral platform, offering predictive pricing intelligence and revenue optimization to address logistics challenges and improve industry efficiency. This collaboration aims to drive the logistics industry towards intelligent, data-driven operations through more accurate pricing forecasts, optimized revenue management, and streamlined processes. Ultimately, it seeks to build a smarter and more efficient logistics ecosystem.

01/21/2026 Logistics
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Shopee Enhances Logistics to Support Sellers During Peak Season

Shopee Enhances Logistics to Support Sellers During Peak Season

Shopee is upgrading its cross-border logistics services to help sellers succeed during peak season sales, enhancing efficiency and convenience. Sellers can optimize their shipping processes and improve logistics fulfillment efficiency by implementing strategies such as refined inventory management, rational warehouse layout, and timely shipping arrangements. Utilizing the First Mile Forecast feature further streamlines the shipping process and helps achieve order surge targets.

01/26/2026 Logistics
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