‘Data-driven decision making crucial for e-commerce’

The increasing levels of e-commerce and cross border trade among countries highlights the crucial need for data-driven decision making in border management, Mrs Aba Lokko, Communications Manager of GCNet, has said.

Mrs Lokko shared this thought on big data and border management after her participation in the World Customs Organisation (WCO) IT Conference and Exhibition held in Tbilisi, Georgia.

Photo by Agnieszka Boeske

The conference was under the theme: The Power of Data – Advancing Border Management.

She said it was as a result of the importance of data in trade that GCNet was currently facilitating a data exchange programme between the Customs Division of the Ghana Revenue Authority (GRA) and Customs Division of the Ivorian Revenue Authority to enhance cross border trade in the West African sub region.

Photo by rawpixel

When completed, she said, the exchange programme would speed up actions on cross border trade among the two countries in the wake of increasing volumes recorded in the recent past through the Ghana Customs Management Systems (GCMS) deployed by GCNet since 2002.

She further explained that as a repository of government data, GCNet continues to play a major role in Ghana’s digital economy through its deployment of e-solutions.

She said generating value from data, holds the key to addressing critical challenges against trade facilitation and revenue generation.

Mrs Lokko said big data had unleashed numerous opportunities to enable Customs organisations and governments to continuously leverage on data analytics applications to institute reform initiatives to enhance trade as well as the ease of doing business.

Photo by rawpixel

On the conference, she said, participants were convinced that the ability to exchange and monitor data flows throughout the trade supply chain effectively will ensure that government’s objectives of safety, security and revenue collection are met while customer demands are also fulfilled.

The conference was attended by over 500 delegates from 80 countries including senior customs officials, experts, policy makers, exhibitors, trade facilitation technical and government functionaries.
They deliberated on the critical role of data in facilitating efficient border management in customs operations.

Photo by Aadil Ayub

The Secretary General of WCO, Mr Kunio Mikunya highlighted the importance of transforming big data generated by customs operations into quality data to ensure smarter and better decision making and risk management.

He said some Custom administrations had already embarked on huge data initiatives and stressed WCO’s commitment to continue providing e-standards and the guidelines to assist members to bring innovation into their operations.

By Times Reporter


Web Admin

Web Admin

Jubilant Stewards of Africa is the best online outlet for reliable African news and in depth analysis of developments in business, finance, markets, politics, culture, science and technology. Apart from being news breaker Jubilant Stewards of Africa is a training, research, PR and consultancy firm whose main focus is to help companies, governments and non-profits achieve competitive advantage through smart strategic alignment. Our three arms work in a collaborative effort to seek insight into the emerging trends of success and impart that acquired knowledge to our clients. For more information call us via +254719408244 or email editor@jubilantstewards.com

Leave a Reply

Your email address will not be published. Required fields are marked *