In the Precision Software News Round-Up: 16 November 2018, Purolator launches a pickup service; UPS Worldwide Express rolls out to 14 new countries; and Apple wins a Stop Slavery Award. Also this week, Alibaba reports a record Single’s Day; Amazon issues a printed holiday catalog; and we look at free trade agreement compliance.
PUROLATOR INTRODUCES MOBILE QUICK STOP SERVICE
Canada’s Purolator has launched a new service called Mobile Quick Stop. Mobile Quick Stop will offer community-based access points. Consumers will receive a “doorknocker” alerting them to a delivery attempt at their home. If a parcel was not successfully delivered, the consumer will be able to collect the package from a “pickup spot” instead. The service is available in the Greater Toronto Area, Ottawa, Montreal and Metro Vancouver. It also includes ten 10 Mobile Quick Stop trucks. These will park close to homes and places of work, and open in the evening. For more on this story, please click here.
UPS WORLDWIDE EXPRESS ADDS 14 NEW COUNTRIES
UPS Worldwide Express has rolled out to fourteen new countries. The expansion also includes later pick-up times, better time-in-transit and Saturday deliveries. Nigeria, the largest economy in Africa by GDP and population, is one of the fourteen countries gaining the guaranteed time- and day-definite delivery services. UPS also added new postal codes in 26 European countries, as well as in South Korea, China, Hong Kong, Indonesia and Singapore. For more information, please click here.
APPLE WINS STOP SLAVERY AWARD
This week, Apple won the Stop Slavery Award 2018 for its efforts to keep its supply chain transparent and free of child and forced labour. The Stop Slavery Award helps consumers make ethical purchases. The award also encourage companies to eradicate illegal labour practices in their supply chains. Other finalists shortlisted included Unilever, Outland Denim and Standard Chartered. To read more, please click here.
ALIBABA REPORTS OVER $30 BILLION SALES FOR SINGLE’S DAY
Chinese e-commerce giant Alibaba reported a record-breaking $30.8 billion in sales over 24 hours. Alibaba’s Single’s Day — 11 November — is the biggest online shopping event in the world. The company also broke another record this Single’s Day with over one billion packages shipped over the event. The nearly $31 billion in sales represents a 27 percent increase from 2017. This increase is somewhat less than last year when sales were up by a staggering 36 percent. Alibaba’s reach is growing. This year, sellers from over 200 countries took part in Singles’ Day. For more information, please click here.
AMAZON ISSUES PRINTED HOLIDAY CATALOG
Amazon has released a printed holiday shopping catalog for the first time. The company will ship this to millions of customers over November. The internet giant has gone old school, giving the catalog a retro look. However, technology plays a part too. Some of the toys listed have QR codes. In addition, readers can scan product images with their Amazon App and add them to their shopping cart. You can read more about this here.
INCREASE YOUR BOTTOM LINE WITH FREE TRADE AGREEMENT COMPLIANCE: JOIN OUR WEBINAR
On November 28th, 2018 at 1:00 pm CST Precision Software will host a 30 minute webinar on Free Trade Agreement (FTA) compliance. To register, please click here.
FTA compliance can be complicated and time-consuming. Preferential rules of origin are used to determine origin of goods under an FTA. These rules of origin use criteria like tariff shift, regional value content, de minimis and so forth. To qualify their goods, manufacturers must pull production bills of material and perform content calculations. If their goods qualify, they must prepare and disseminate FTA certificates of origin. They may also need to reassess their products multiple times during the year.
However, FTA compliance offers a clear commercial advantage — preferential duties. When goods qualify for preferential treatment, lower or zero duties result. If you can sell or import products with zero tariffs, you can reduce cost and maximize profit.
FTA compliance can be simplified by automating it’s most complex and time-consuming aspects. During the webinar, Precision Solution Consultant Olivier Joncas will discuss FTA compliance and perform a live demonstration of PRECISION FTA.
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