"Where and how should the forecast organization report?" That's the number-one question that Lora Cecere, partner with the Altimeter Group, is asked as an analyst. Her answer: "It needs to report to an organization that's neutral."
What began as a trickle of stories about challenges to China's supposed economic dominance has become a steady flow. It began with revelations of working conditions at Chinese factories. Soon we were reading about rising wages in the industrial sector - great for Chinese workers, but sure to make the country a less attractive source of cheap manufacturing for the West. Then there was the recent slowdown in China's foreign direct investment, along with the nation's struggle to create an economy that's geared more toward domestic consumption in the service of a growing middle class. Meanwhile, serious questions persist about the stability of China's banking system. And just last week, we learned that China's trade surplus with the U.S. is rapidly shrinking, as the country wrestles with the consequences of a stronger yuan.
CargoSmart Ltd., a vendor of global shipping and logistics applications delivered under the software-as-a-service (SaaS) model, has launched business-process outsourcing services for ocean carriers and logistics service providers (LSPs).
Challenge: A leading manufacturer of semiconductors has recently undergone rapid global expansion, completing eleven acquisitions in only seven years. As a result, company needed an effective global trade management strategy to ensure it maintained efficient, compliant cross-border transactions for moving 17 billion units across 45 countries per year.
Challenge: As part of an initiative to centralize its global procurement operations, a Fortune 500 diversified manufacturer of engineered components and products needed a way to effectively manage its importing process and reduce procurement costs while enabling real-time collaboration with its global suppliers.
Most companies today are heavily outsourced and have suppliers spread out across the globe. Yet firms' knowledge of their suppliers and the environments they operate in is often limited and out-of-date, crippling their ability to successfully manage the dynamics of their supply base. This has introduced substantially more risk in global businesses.
Theft of trade secrets costs jobs and the global economy billions of dollars a year, according to a report released by the Center for Responsible Enterprise and Trade (CREATe.org) - a Washington-based non-profit industry group focused on responsible business practices.
Mid-market companies are increasingly at risk for violating U.S. export regulations, even as U.S. export volumes continue to grow, according to a report released by Amber Road, a provider of global trade management solutions.
Swissport International Ltd., a provider of air-cargo handling services, is now offering its track-and-trace capability for cargo customers and their partners via mobile phones.
Oracle Corp. has joined with Infosys, a Diamond-level member of the Oracle Partner network, to create Oracle Project Driven Supply Chain for High Technology Companies.
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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