Britain's departure from the European Union could send shock waves across the global economy and threaten more than a trillion dollars in investment and trade with the United States.
Challenge: A large manufacturer was spending countless hours updating spreadsheets, reviewing supplier assessments, issuing corrective actions, and trying to track their suppliers' compliance, risk and performance ratings manually. They realized this manual approach wasn't sustainable as they continue to grow and vet additional suppliers. They began looking for a service provider that provided a single solution to help automate their assessment process, and improve their supply chain visibility.
The explosion at Tianjin Port last August should be seen as a spectacular example of why those operating throughout the global supply chains should examine their work practices and risk policies more thoroughly.
Challenge: As the market leader in the design, manufacture and installation of custom acoustical ceiling and wall products, our client requires reliable global shipping for its success.
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18 percent between February and May, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.
Aspen Technology, Inc., a provider of software and services to the process industries, has made generally available Version 9 of two applications, aspenONE Engineering and aspenONE Manufacturing and Supply Chain.
The latest news, analysis, trends and solutions regarding global trade management software and systems and their impact on supply chain management. New developments in global trade management software - which streamlines logistics and business processes related to cross-border trade - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using global trade management solutions for supply chain optimization.
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