Latest Blogs on the Timber Industry & Trade Digitization

Timber Exchange | September 30, 2022

Timber Exchange is a smart supply chain automation platform for the high-trust trade community of the global forestry industry. It aims to automate the most time-consuming processes like documentation, compliance, transparency, visibility, trade, & logistics, through four core pillars:

Timber Industry | September 9, 2022

Today, only a handful of timber distributors and buyers are globally active with agile supply chains. This is because most of them are established in just one or two markets. Some buyers are often seen sending incomplete inquiries to the distributors due to their lack of appropriate information about the procedure of moving forward with a tender and the market situation. This results in several missed opportunities for both counterparties in the long run.

Digitization | August 22, 2022

In an attempt to raise awareness of paperless documents and digital transactions by providing a uniform guideline for global businesses, in March 2022, the World Trade Organization (WTO) and the International Chamber of Commerce (ICC)’s DSI (Digital Standards Initiative) jointly published a standards toolkit for cross-border paperless trade.

Timber Industry Analysis | July 15, 2022

The Finland Sawmilling market is a topic of interest for several timber industry experts globally. Mr Amir Rashad, the CEO of Timber Exchange, recently hosted a Timber & Technology webinar that focused solely on the subject. To do the same, he brought on board the Chief Executive Officer of Finnish Sawmills Association (Sahateollisuus) and Sales Director of Koskisen Sawmills - Mr Tommi Sneck.

Digitization | July 15, 2022

On the 10th of May 2022, in the Queen’s Speech which marks the beginning of the new UK parliament term, the UK Prime Minister and His Royal Highness the Prince Of Wales announced the Electronic Trade Documents Bill. The Electronic Trade Documents Report and Bill is one of the first pieces of proposed legislation that arose from The Law Commission’s recent focus on new technologies.

Timber Industry Analysis | May 31, 2022

The Chinese timber market is a very interesting domain that is different in several ways from the rest of the world. Mr Amir Rashad, the CEO of Timber Exchange took it upon himself to bring the subject of the Chinese Timber Market up for discussion on a global platform. To do so, he had a panel discussion with notable guests from the Chinese timber industry such as - Anna Ni (Senior Advisor, Business Finland), Cece Chen (Suienfe Friendship Corporation) and Shen Wei (Deputy Secretary, China Timber and Wood Products Distribution Association).

Timber Exchange | May 25, 2022

Timber Exchange offers three vital offline tools in the form of cargo inspection, L/C management & remittance, and shipping document compliance & legalization to help remove bottlenecks and increase flexibility on-demand in global trade. Each of these services are provided by highly trained, trusted, and experienced experts in the field to ensure a smooth and flawless process, even at an international level.

Advance Cargo Information EGYPT | May 6, 2022

Digital trade has become a crucial aspect of the entire industry, rather than being just an abstract idea, thereby changing the picture of global trade, depending severely on the free cross-border movement of data. Keeping that in mind, most offline or physical documentation or transactions are being shifted to a digital or electronic version. These digital documents are to be treated like their physical counterparts in the future.

Timber Industry Analysis | April 22, 2022

The North American lumber market has been the starting point for several conversations in the industry over the years. Mr Amir Rashad, the CEO of Timber Exchange, took it upon himself to bring this subject up for discussion on a global platform. To do so, he had a panel discussion with one of the finest analysts of the lumber market, Keta Kosman, the owner of Madison’s Lumber Reporter on a special webinar hosted on 30th March 2022.

Timber Supply Chain | March 23, 2022

B2B eCommerce is an amalgamation of two of the most sought-after services in the twenty-first century – a sales transaction between two businesses. In simple words, if you’re a company selling its products or services to another company, then you’re partaking in a B2B eCommerce transaction.