Posted on: May 16, 2018
In March, we reported on our active participation in the discussions hosted by the United Nations (UN) intergovernmental body dealing with global trade efficiency and the use of IT in the supply chain sector. The United Nations Center for Trade Facilitation and Electronic Business (UN/CEFACT) was established by the United Nations Economic Commission for Europe (UNECE) and is focused on the facilitation of national and international transactions, through the simplification and harmonization of processes, procedures, and information flows, aiding the growth of global commerce. There are approximately 300 experts representing every region of the world contributing to UN/CEFACT projects, and we are excited to be a part of these discussions and share the latest information with our customers and partners.
Last month, our VP, Rajiv Garg, attended the 31st UN/CEFACT conference in Geneva, Switzerland. There were four main topics of discussion for this conference:
Single Window - From border-crossing supporting documents to legally significant data exchange: This is one of the flagship topics developed by UN/CEFACT. The conference discussed the challenges of implementing a Single Window, particularly some of the document exchanges that remain out of scope.
- Internet of Things (IoT) - A technology that has gained headlines, IoT is a new development which allows the integration of internet-based technologies into every sphere of life, including the area of trade facilitation. This conference sought to establish a collective understanding of the potential of IoT technology for supporting trade and trade facilitation.
- Traceability for Sustainable Value Chains: Textile and Leather Sector - This conference brainstormed on how deep in the supply chain visibility is necessary for responsible sourcing along with current trends and possible approached for supply chain visibility within the textile and leather industries.
- Blockchain Conference - "Blockchain" is a decentralized technology which uses networks of computers to jointly store data which enhances trust and security. This conference continues an ongoing discussion on how this technology can be applied to the transportation industry to increase efficiency and transparency.
By attending these forums, we are gaining greater insight into the evolving technologies and global standards that will help facilitate the supply chain and international trade. We will use this expertise to enhance our products and to keep our customers current on industry trends. Vilden is thankful to be a part of this group of experts, and we are looking forward to contributing more to such forums in the future. If you have any questions on the topics above, you are welcome to contact us anytime and learn more.