Blog
The World Customs Organization (WCO) is blocking the technology providers from those countries who require and seek a robust risk management solution, by suggesting their Cargo Targeting System (CTS) as the only viable solution available. No market awareness or survey is provided. Sure -the WCO will point members to the TEN network or WCO IT Conference, but it’s clear to us that members are shown all roads lead to the CTS…. especially when they are told it makes them compliant with WCO SAFE....
David Hamilton is an International Trade Facilitation Consultant at Xalgorithms Foundation. His latest blog provides interesting insight and compares closed and open source source options for UN developed Trade systems such as ASYCUDA World. Right now the current closed source method limits the level of participation in designing solutions ultimately meant to provide access. How can we foster this change?
Alibaba’s Jack Ma was named UNCTAD’s Special Adviser on trade this week. Mr. Ma was quoted as follows; "It is an honor to serve as UNCTAD’s Special Adviser on Youth Entrepreneurship and Small Business," said Mr. Ma. "I have spent my career working with entrepreneurs and know the positive social and economic impact when people are given the opportunity to participate in the global economy."
Mr. Ma, we have a problem. UNCTAD is actually preventing my fellow entrepreneurs, start-ups, and technology firms (who build solutions for border processing and trade facilitation) from the opportunity to participate. In short, they have created a barrier to market entry. The playing field is not level.
Stewart Jeacocke is the Customs Leader from the IBM Center of Competence. He's promoting what is likely the best idea yet for the future of ASYCUDA and the WCO's CTS.
Through our market analysis and customer engagements, we have learned that many Customs administrations are not entirely clear on what systems are indeed available in the market, or how to compare those applications. We believe it's necessary to create a common and fair playing ground to compare the options, and TTEK is certainly prepared to be considered in any cross functional comparison. As such we've prepared a checklist to assist those customs administrations who seek a leading edge operational risk management solution. Our list includes 55 functions that you should be measuring when considering a risk management solution.
Contact us for more info or visit www.ttekglobal.com
As part of our development road-map, we are blazing a new path forward by incorporating machine learning and artificial intelligence (AI) methodologies. What if you could automate your profiling of high risk shipments, people, and conveyances, and bring those "learnings" to your front end decision support system (e.g. our Operational Risk Management System) in real time? As part of our development road-map, we are going to merge the strategic back end historical trend analysis and predictive analytics with tactical and operational front end targeting and selectivity systems. Here's how...
The Jamaica Minister of Finance, Audley Shaw expects to increase revenues from the Jamaica Customs Agency by up to 40 per cent with the implementation of new measures aimed at cutting down corruption and under-invoicing. He plans to hold the Commissioner of Customs Major Richard Reese responsible for hitting that target. First of all, that's a bit unfair. Why? Because the government is setting an expectation that 2 recent technologies funded by the InterAmerican Development Bank (IDB) are going to help accomplish this, and that's likely not going to happen because....
