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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. They offer a solution for corporate tax departments called ONESOURCE. The Integration Point solution was rebranded to be one of the modules in the ONESOURCE suite. At some companies the trade department rolls up to finance.

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Supplier Relationship Management in a Time of Fragmented Supply Chains

QAD

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. All these posts point to the need for visibility and solutions that foster collaboration in the supplier ecosystem. Potential U.S.

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When Will Blockchain Hype Pay-off in Supply Chain Operations?

Enterra Insights

Wegrzyn and Eugenia Wang write, “While blockchain technology can potentially provide huge advantages to supply chains, there are also potential disadvantages that make it clear that any blockchain solution must be well-tailored to the targeted supply chain.”[1] ” Risk Management. Cybersecurity is a growing supply chain risk.

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This Week in Logistics News (December 7-11, 2015)

Talking Logistics

Now, on to this week’s supply chain and logistics news… CMA CGM to acquire NOL, reinforcing its position in global shipping. China Approves Merger of Cosco, China Shipping (WSJ- sub. MercuryGate extends invoicing and document management solution with HubTran integration. market share of approximately 11.5% (vs 8.8%

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Cutoff analysis Cutoff analysis is when you pause operations such as receiving and shipping at the time of the physical count to ensure nothing is being handled and goes unaccounted for. Using an inventory management software can help you keep track of inventory during physical inventory counts.

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Customs Duty De Minimis Thresholds: A Guide for SMEs

Unleashed

De minimis is an important concept for anyone who deals with international shipping. In the context of international shipping, de minimis refers to the principle that it’s not worth charging customs duties on goods below a certain value How is the?de de minimis?principle principle used?in in customs for international shipments??

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month.