Articles
Global Trade Management
The Value of Global Trade Insights in Navigating COVID-19 Supply Chain Disruptions
The coronavirus pandemic has exposed the fragility of the modern supply chain, as companies struggle to acquire the products and raw materials needed to keep revenue flowing. With many businesses relying heavily on a limited number of trading partners, many located in hard-hit areas like China, the scale of the supply chain disruption has been […]
Read More6 Keys to Pandemic Preparedness
Companies that have handled supply chain disruption the best to date did the following 6 things well in advance of the pandemic.
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Global Trade Management Systems: A Smart Bet
What’s the payout on global trade management (GTM) systems? They help organizations comply with trade regulations and tariffs, automate transactions, and gain supply chain visibility. Leverage the information captured by the GTM and you hit the jackpot.
Read More10 Ways to Prepare for Global Trade Disruption
Finished goods importers are especially vulnerable when unexpected disruptions take place. These suggestions can help you through what is shaping up to be a trying 2020.
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7 Smart Steps to Minimize Risk
Inherent risks exist in trading globally that businesses don’t have to deal with when they keep things closer to home. But the rewards of expanding to new markets can far outweigh those hazards, especially if you take the following steps to minimize and manage your exposure to risks.
Read More2020 Global Trade Management Guide
Global trade management (GTM) systems connect sourcing and logistics to make global trade transparent, efficient, and cost effective. From resource planning and transportation management to analytics, these top 30 GTM companies can help take the stress out of managing your global supply chain.
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Gearing Up for a Bright Supply Chain Future
Logistics providers, retailers, and other large global movers are applying a mix of enabling technologies and innovative business models to drive the efficiency and supply chain orchestration needed to meet tomorrow’s package volume demand and capture market share, finds Deloitte’s recent Future of the Movement of Goods study. With growing e-commerce, shifting trade patterns, and […]
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Can the New Silk Road Compete with the Maritime Silk Road?
The more I hear and read about the New Silk Road, the more grand the expectations. Politically, the trade corridors between China and Europe, as well as Africa, seem to be China’s key to becoming a leading global power in the 21st century. Logistically, infrastructures and networks are emerging on an entirely new scale, taking a gigantic economic area—representing 60% of the world’s population and 35% of the global economy—to the next level. The New Silk Road could act as a high-speed internet for transporting goods.
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6 Supply Chain Risks Worth Taking
From technology investments that stretch budgets to supply chain partnerships that share proprietary information, these moves may give small businesses pause. Here’s why they should dive right in.
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2020 Global Trade: It’s a Whole New World
From tariffs and trade wars to new trade agreements and updated INCOTERMS, 2020 is shaping up to be an interesting year for global shippers.
Read MoreChina’s Trade Outlook Declines as Air Drags
Trade tensions between the United States and China have many repercussions, according to the DHL Global Trade Barometer, an early indicator of global trade developments calculated using artificial intelligence and big data analytics. China’s September 2019 trade outlook registered a four-point decline from June to an index value of 45, according to the DHL data. […]
Read MoreAvoiding the Trade War Squeeze
As trade volatility between the United States and China escalates, shippers find few options for avoiding a painful squeeze. While some are shifting production to other nations in the region, others find those countries are less than ready to handle the spike. In the thick of peak season preparations, here are some ways to ensure […]
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Global Trade Resilience
Global trade analysts predicted the sky was falling, but that is not currently the case. How did they get the projections so wrong?
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The Tricks Of Trade
5 regions and countries that merit serious thought by any company doing business globally.
Read MoreAnswering Global Volatility with IT Solutions to Support Supply Chain Agility
Today’s global economic volatility is putting increased pressure on supply chain managers. While worldwide turmoil is not new, the ability to manage it has now become an expectation — one companies must master to remain competitive. This requires purchasing agents to be alert, well-informed, and able to pivot to new suppliers and delivery routes with […]
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India Bales on Cotton Exports
India’s annual cotton output could drop 12 percent to the lowest in nine years as limited rainfall in the top two producing states has slashed crop yields, potentially cutting exports from the world’s top producer, according to a report in the Economic Times. Fewer cotton shipments from India will allow rivals such as the United […]
Read MoreSix of One: Merger Creates UK’s Largest Logistics Provider
Hong Kong private equity investor EmergeVest has consolidated ownership of six of the UK’s leading logistics companies to create EV Cargo, one of the country’s largest providers of transport, logistics, freight forwarding services, and logistics technology, and a global supply chain company operating in more than 120 countries. With £850 million (US $1.067 billion) of […]
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Weather Forecast: Supply Chain Disruptions Ahead
Global supply chain disruptions continue to grow at an alarming rate and the potential for financial or revenue impacts is the highest it has been in three years, finds Resilinc’s recent EventWatch Supply Chain Disruption report. In the first half of 2018, Resilinc notified a record 1,069 events within six months, the highest since the […]
Read MoreEconomic Nationalism Challenges Global Supply Chains
Sixty-six percent of manufacturers responding to a new survey of global senior supply chain decision makers by software company LLamasoft say they would change their supply chains in order to tackle economic nationalism. In addition, 50 percent of respondents say economic nationalist policies will increase operational costs, and 45 percent are considering alternative suppliers, representing […]
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