Technologies like AI, data analytics, IoT and blockchain are pushing the boundaries of what supply chain and logistics companies can do to significantly improve their operations. As supply chain management continues to increase in complexity, more industry players will depend on new technologies to better understand where their business stands. Singapore-based YCH Group knows its business and is putting innovation at the heart of its development and growth. Located at Supply Chain City, … [Read more...] about YCH: Pushing Asia’s supply chains to new frontiers
Forwarders to benefit with ASEAN customs transit system
It is no secret that import clearance in customs is a cumbersome process in most countries and even so in developing markets like Southeast Asia. Whilst member states in the ASEAN have the basic transport infrastructure, regulatory bottlenecks and inadequate intermodal connections pull them back from fully utilising the region's transport capacity, which results in higher transport costs and long, unpredictable waiting times for forwarders and shippers. A study by ASEAN and EU experts, … [Read more...] about Forwarders to benefit with ASEAN customs transit system
