The annual International Consumer Electronics Show (CES) has taken over Las Vegas, Nevada this week as tech enthusiasts congregate to see this year's newest products. The CES is the largest technology trade show and will attract close to 200,000 attendees from across the globe. Wearables, connected cars and homes, drones, 3D printing, robots, virtual reality and augmented reality are expected to create the most buzz this year. But will any of these products be used in the supply chain in the near future?
Technology has streamlined the logistics industry over the years, but new technologies could revolutionize the industry as we know it. Similar to the Industrial Revolution in the late 1700s, the supply chain is evolving due to major technological advancements.
To support global trade growth within the technology sector, the World Trade Organization (WTO) has officially announced the expansion of the Information Technology Agreement (ITA). So what do international shippers need to know about the agreement? Which products could experience eliminated tariffs soon?
Proper export documentation is imperative to the success of an export program. Shipping documents provide customs officers with the necessary information to proceed with customs clearance at destination. On the contrary, the lack or inaccuracy of required documentation can lead to cargo delays and unexpected expenses.
Technology plays a large role in today's world, making valuable information available at the touch of a button. Technological innovation has improved supply chain management practices, creating opportunities for shippers around the world. These innovations have increased customer service and reduced unnecessary costs. New technologies will continue to transform the industry and facilitate improved logistics processes.