Latest Blogs on the Timber Industry & Trade Digitization

Digitization | February 14, 2025

The Digital Standards Initiative (DSI) of the International Chamber of Commerce (ICC) has taken a significant step forward in revolutionising global trade by launching a comprehensive framework for end-to-end supply chain digitalisation.

Digitization | January 23, 2025

India's maritime sector is at the edge of a significant transformation, driven by the global shift toward digitalisation. As the global shipping industry increasingly embraces technologies like blockchain, artificial intelligence, and automation, the need for efficiency, cost-effectiveness, and streamlined operations has never been more pressing.

Timber Industry | December 18, 2024

In an era where speed and clarity are essential, traditional customer service models no longer meet business needs. This is especially true in the global timber industry, where outdated, manual processes can lead to inefficiencies.

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.

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.

Digitization | May 18, 2022

As of the end of 2021, the ICC (International Chamber of Commerce) formed a digital legal reform advisory board that comprises industry, policy, and intergovernmental actors in the trade finance and global trade sector, intending to accelerate reforms needed to enable digital trade.

Timber Industry | March 30, 2022

A supply chain control tower can be defined as a personalised yet connected hub of key business metrics, data, and several important events across the supply chain. These are meant to enable organisations to understand, prioritise, and resolve complex issues easily.

Digitization | March 4, 2022

The G7 countries, an intergovernmental organization consisting of Italy, Japan, the UK, the US, Germany, France, and Canada, agreed to a framework in May that champions the work of UNCITRAL (United Nations Commission on International Trade) and promotes the adoption of its MLETR (Model Law on Electronic Transferable Records).

Digitization | December 30, 2021

Rapid digitalization is affecting almost all aspects of life including the way people interact, shop, work, or receive services to create or exchange values. Digital data is one of the key factors of the economic sustainability of the world, as a whole. It has also become a major strategic asset for both social and private value.

Digitization | July 5, 2021

The ongoing digitization is transforming the business environment in a variety of different industries. As a result, business manufacturers are gaining more competitive advantages by implementing these emerging technologies and new digital solutions. While the digital revolution has changed most industries, its influence on the forestry trade has been comparatively limited.