Latest Blogs on the Timber Industry & Trade Digitization

Digitization | March 3, 2022

Per shipment, there are distinct shipping, legal, and trade-related documents involved. Crucial information like tracking numbers, requested amendments, and drafts can easily get lost in transit. Hence, integrating a smart supply chain tool like Timber Exchange can minimize manual checks and ensure that everything goes smoothly without any hiccups on the way.

Advance Cargo Information EGYPT | June 24, 2021

After careful consideration and in light of the ongoing trial, Egypt’s Ministry of Finance made the decision to postpone the mandatory application of the ACI system till October 1st, 2021. The implementation date was previously scheduled for the 1st of July 2021, but it was decided to extend the trial period till the end of September.

Advance Cargo Information EGYPT | May 31, 2021

Rapid digitization is causing tectonic shifts in the supply chain sector across industries. These advancements are aimed at transforming the way supply chains function and deliver value. In accordance with new digital procurement strategies, the new Egyptian customs law - the Advance Cargo Information Declaration is becoming mandatory for all Egyptian import shipments.

Advance Cargo Information EGYPT | April 22, 2021

The Egyptian Ministry of Finance (Customs Authority) activated article 39 of customs law 207 of 2020 and issued decree 38 of 2021. This requires a unique customs registration number (Advanced Cargo Information Declaration (ACI) for each incoming shipment imported into Egypt that must be included on all shipping documents.