Is globalization over? Some commentators consider the United Kingdom's vote to leave the European Union to be a sign that it is. Brexit has certainly thrown markets, exchange rates, and consumer confidence into turmoil, but the model of globalization that has developed over the past 200 years started showing signs of change well before the referendum.
Forget playing the blame game, the fraught implementation of container weighing rules came down to the fact that the container shipping industry has no single trusted information source.
Globalization - that irresistible force that was inevitably, inexorably making the world flat - looks to be in retreat. Trade growth has never recovered to the levels reached before the 2008 financial crisis. Donald Trump is fueling his presidential campaign on fear of free trade and immigration. The economic problems of the U.S., he blasted in a June speech, are "the consequence of a leadership class that worships globalism over Americanism." Then came Brexit, the worst setback for the European Union, that most ambitious experiment in globalization. Money manager Bill Gross said Brexit marks "the end of globalization as we've known it."
The motto at Bambino Mio, a manufacturer of reusable diapers here in the English midlands, is "cloth nappies for changing times." The description may never have been more apt.
E2open, provider of a supply-chain operating network, has acquired Orchestro, a vendor of demand-signal repositories and preemptive analytics for retail and omnichannel fulfillment.
Lee Wolfe, director of risk management with NetApp, talks about how the dominant provider of storage technology works with suppliers to address potential disruptions in the supply chain.
Lee Young, director of supplier quality with ThermoFisher Scientific, discusses how technology and business-process change have helped the company to tighten up its risk-management program.
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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