Expect to see users of cotton seeking to improve the visibility of their multi-tier supply chains to avoid regulatory fines, protect themselves from reputational damage, and understand their risk exposure.
An understanding of ESG risk will become essential in light of investor and consumer demands, the financial impact of regulatory penalties, and carbon taxes
As trade compliance regulations become more complex and nuanced, this is a pivotal moment for global organizations to build a more holistic framework of compliance risk mitigation.
Shippers and logistics companies must become more agile to meet customer expectations, close the “black holes” of visibility in transportation networks and reduce risk.
Nearshoring is going to alter global supply chains for years to come. By considering the right factors upfront, you can avoid unexpected costs and complications.
While many shippers have made great strides toward building resilience into their supply chains over the years, it’s important that they don’t pump the brakes on progress.
Taking these precautions beforehand, and working with trusted logistics partners, can help your organization maintain the streamlined operations it needs to succeed.
Organizations face mounting pressure to ensure the sustainability of not just their operations and supply chains, but also those of their domestic and overseas supply chain partners.