On March 29, British Prime Minister Theresa May officially set into motion the exit of the United Kingdom from the European Union, beginning a two-year period of negotiation and closure. The clock is ticking.
Now that the U.K. has formally handed in its request to leave the EU, the Port of Dover is concerned that the imposition of customs checks could have a disastrous effect on its business.
The ability to monitor the behavior and condition of one's suppliers depends on having access to hard numbers. But a surprisingly large percentage of companies lack this critical data.
Analyst Insight: You design a product, source it, build it, store it, ship it, and your consumer enjoys it... then what? It is inevitable that at some point the original intended use will be over and the product will reach its end of life. What happens now is a topic that is piquing the interests of many traditional and non-traditional supply-chain players. The challenge lays in how to efficiently reintegrate or disposition these products. - Melissa Hadhazy, associate partner, Infosys Consulting
Many of America's biggest corporations including Apple Inc. and Wal-Mart Stores Inc. are sticking by their pledges to fight climate change even as President Donald Trump guts his predecessor's environmental policies.
The Trump administration appears poised to cement China's unfavorable status in trade cases, making Chinese goods eligible for higher U.S. tariffs well into the future.
Analyst Insight: Drug Supply Chain Security Act (DSCSA) requirements for serialization, verification and traceability are driving investments in distribution. But leaders are looking beyond compliance for real ROI and competitive advantage. They are looking at different applications and new technologies that enable compliance and allow the business the flexibility to scale with increasing return on additional investment. - Roger Counihan, life sciences industry leader, Fortna Inc.