Articles
Global Logistics
Leading Logistics Provider Closes More Business, Develops Stronger Customer Relationships
The Challenge With its growing international customer base, this global logistics and transportation service provider for the chemical and process industries recognized the need to automate its contract management and pricing process and to expand its global operations. However, the logistics team realized it would be very difficult to handle the increased number of contracts […]
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3 Steps to a Demand-Driven Supply Chain
The on-demand economy means customers expect instant gratification via immediate access and convenient delivery options. Companies must adapt and start optimizing their supply chains to stay competitive. Many companies are still supply driven, constrained by resource capacity, archaic scheduling technologies, and inefficient decision-making. Typically, these businesses match demand by increasing the supply and infrastructure to […]
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Incoterms: Playing by the Rules
When doing business globally, who pays the freight, you or your vendor? Who assumes the risk if cargo is damaged? Enter Incoterms, a set of international rules that interprets the most commonly used trade terms.
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Redefining Globalism?
Not long ago, Deutsche Bank, Thomas Friedman, and many economic experts announced that globalism is dead. Even technology visionary Peter Thiel recently said, "The tide on globalism is going out." Deutsche Bank chief strategist George Saravelos frames globalism’s death notice this way: "The world has been on a ‘globalizing’ trend since the end of World […]
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Global Logistics—March 2017
Canada and EU Spell Out Free Trade Agreement to Reduce Tariffs, Open Market Access After much debate, the European Union (EU) and Canada approved the controversial Comprehensive Economic and Trade Agreement (CETA). While some parts of the deal regarding foreign direct investment still require approval from individual governments—a process that could take years—CETA will soon […]
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Enabling a Faster-to-Market Solution
Fast growth in ever-expanding global markets, and the need to serve its retail and online clients in Asian markets, drove home furnishings retailer Cath Kidston to approach SEKO for a solution.
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How to Reap the Benefits of Asian Free Trade Agreements
Asian governments began developing bilateral free trade agreements (FTA) in addition to region-based multilateral agreements in 2000. These bilateral agreements were viewed as easier to negotiate and provided a quicker way to open up new export markets. The growth of bilateral FTAs in this region has led to what many economists refer to as the […]
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Testing the Quality of Logistics-Critical Applications
Deploying applications quickly and affordably, and ensuring those systems perform as promised, will be a key to success in tomorrow’s freight and logistics sector. You no doubt recognize the need for robust apps testing. Often the challenge is finding the tools and capacity to break the testing logjam—and to accelerate your time to innovation. Software […]
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How to Meet Global Shipment Compliance Challenges
Q: What role does technology play in meeting today’s challenges of global shipment compliance? A: Today’s complexities in managing export and import shipments are evident. When U.S. Customs announced the requirement of Sea AMS filing, which is also known as the 24-Hour Rule, it started a wave of technology enhancements throughout the globe requiring all […]
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Jonathan Parks: Planning is Key, to Say the Leased
Jonathan Parks is vice president of global logistics and distribution with Rent-A-Center, which offers name-brand furniture, electronics, appliances, and computers through flexible rental purchase agreements. He started with the company in 2010 and has held this position since 2015. Responsibilities: The design, management, and continual optimization of distribution and logistics operations. Experience: Positions in logistics, […]
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Global Logistics—February 2017
Mexican Border Wall Becoming Trade Barrier The battle over NAFTA renegotiation and trade between the United States and Mexico has been tied into the building of the border wall between the two nations promised by President Donald Trump on the campaign trail. Mexican President Enrique Peña Nieto refused to discuss the idea of Mexico paying […]
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5 Steps to Reduce Supply Chain Risks When Going Global
Natural disasters, huge economic swings, supply shortages, and security issues present considerable challenges to supply chains. One critical area that can bring a supply chain to a screeching halt is international trade compliance. Whether you’re starting out in the global market or already dealing with supply chain issues, these five tips will help you mitigate […]
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Global Logistics—January 2017
Manufacturing Supply Chains: What Does the Future Hold? Nobody can predict the future, but some are certainly qualified to make educated guesses. Over the next decade, manufacturing growth depends on successful engagement with consumers, according to IDC FutureScape: Worldwide Supply Chain 2017 Predictions, a new report from IDC Manufacturing Insights. The report makes the following […]
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Evaluate Partners Before You Sign the Contract
In an increasingly competitive global environment, every element of the supply chain must be effective and efficient—to deliver the right quality products, on time and at the right price. Empowering your procurement team before supplier selection is key. For companies that outsource materials, parts, and equipment, the potential for quality issues and hidden costs can […]
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Making a Run for the Border
Although the future of NAFTA is uncertain, and trade challenges remain, Mexico continues to attract foreign companies looking for easier access to the huge U.S. consumer base.
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Latin American Logistics: Learning the Tricks of the Trades
Working with a specialist can remove the stumbling blocks that can impede trade between the United States and Central and South America.
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Global Trade Changes Course
6 global trade rule changes you should know before you move your next import/export shipment.
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Supply Chain Management Students: School of Thought
Idealistic and pragmatic, today’s college students find opportunities in supply chain management.
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Why Global Trade Needs a Rebrand
In 2016, doubts about the wisdom of trade deals factored heavily in the UK’s vote to leave the European Union and in the outcome of the U.S. presidential election. Skepticism about the benefits of free trade has been bubbling for years. In the United States, President-elect Donald Trump has vowed to kill the 14-nation Trans-Pacific […]
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Global Logistics—December 2016
TPP is Dead. Is NAFTA Next? A number of important policy issues are still up in the air for the United States, but President-elect Donald Trump has made one thing clear: The Trans-Pacific Partnership (TPP) is done. The TPP—a proposed free trade agreement between the United States and 11 Pacific Rim countries—became a target during […]
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