The increasing number of emerging technologies applied in international supply chains, both in the public or private sector, generate substantial trade-related data. The diverse, sophisticated methodologies to analyze data have become a top priority for national governments and private sector stakeholders.
Data analytics can enhance the efficiency in decision-making processes for varied purposes, such as national economic policies. Customs Administrations play a pivotal role in mitigating the risks throughout the supply chain, thus ensuring the safety and protection of societies. The economic operators apply data analytics to optimize the performance of business operations, maximize profit, and make more strategically-guided decisions.
There are different approaches to data analytics: descriptive, diagnostic, and predictive analytics. The webinar will share experiences from Customs Administrations, the private sector, and other relevant international stakeholders on applying analytical methodologies and techniques to cross-border trade transactions.
Join us to learn more about the international standards and best practices applied in data analytics.
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