How should companies approach the challenge of end-to-end transformation? What exactly does the process encompass? And what are the benefits of a successful initiative? Michael Albritton, director of AlixPartners, supplies the answers.
Jade Rodysill, principal in the supply-chain practice of EY, details the challenges that supply-chain managers will face in the coming years. He also talks about the requirements of a great leader, and answers the question "Is there a 'best' supply chain?"
Amber Road, a vendor of global trade management software, has acquired ecVision, a provider of cloud-based global sourcing and collaborative supply-chain applications.
With a tentative agreement in place between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), the 7-month-long West Coast port crisis has come to an end. What comes next is the final body count - what percentage of GDP shrank because of the slowdown? What was the impact on the trade deficit? Who got hit hardest, and just how hard? Then what? There may be a collective sigh of relief in the air, but can things really go back to normal? Should they?
Assuming that the rank and file of the International Longshore and Warehouse Union (ILWU) ratifies the new five-year contract negotiated with terminal operators, West Coast ports can finally focus on getting container-handling operations back to normal. So is everyone happy?
The top five events causing disruption to supply chains in 2014 were Typhoon Halong in western Japan with a revenue impact of more than $10bn, severe flooding in Long Island, New York, with a revenue impact of more than $4bn, Typhoon Rammasun in China and Vietnam, which caused a revenue impact exceeding $1.5bn, the Taiwan gas explosions and their $900m impact, and the Intel hazardous chemical spill in Arizona, which also had a revenue impact that topped $900m.
Exporters can get into serious trouble if they lack an effective trade-compliance program. Attorney Christos Linardakis, senior counsel with the Braumiller Law Group, shares some real-life stories of international sales gone wrong.
Challenge: This global food manufacturer and distributor is one of the world's largest companies, exporting to over 70 countries. With an eye toward sustainable growth, the company realized their global trade process needed a transformation – manually intensive processes would often lead to inaccurate duty payments, documentation errors, and shipment delays.
Denmark's government laid out details of a plan to build a tunnel connecting the Nordic region to Germany and cutting traveling time, saying in a bill that it will cost 65bn Danish crowns ($10bn) and be in use by 2024.
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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