The coronavirus pandemic is bringing about radical changes in global supply chains. But whether companies can draw on the lessons of the present to handle the challenges of future such events is still in question.
Logistics, shipping rates and the need to assess full landed cost are among the challenges that shippers face in the modern-day world of e-commerce, says Hagar Valiano Rips, CEO and co-founder of Ladingo.
A single cyberattack is enough to devastate a supply chain. Moreover, the effectiveness of credentials at each stage of the supply chain has a direct impact on every other part of the business.
It's About 500 miles from New York City to Toronto, but it can take as long as two weeks to complete deliveries. In fact, for many U.S. businesses, deliveries to and across Canada take significantly longer than those in the states.
The coronavirus pandemic is just the latest of an endless series of crises to hit companies around the world. And, like so many previous ones, it has exposed a serious lack of preparation by business leaders and supply chains.
The coronavirus pandemic has brought chaos to supplier-buyer relations the world round, resulting in widescale invoking of the contract-breaking clause known as force majeure.
Bamboo Rose, a digital platform connecting retailers, suppliers and supply chain partners in product development and global trade management, announced a series of integrations and data subscriptions to its Multi-Enterprise Platform for Food and Formulation.