Trade compliance specialists are key employees who require specialized skills and training, says John Priecko, president and managing partner for Trade Compliance Solutions.
Leading transport and logistics insurer TT Club says analysis of 9,500 claims over the past seven years, valued at $ 400m, confirmed an ongoing trend in avoidable damaging events that resulted in claims.
The U.S. Supreme Court last month drove two more nails into the coffin of port efforts to impose local rules on drayage operators, in violation of interstate commerce law. The court ruled unanimously that the Port of Los Angeles could not require drayage companies to display placards on their trucks that included a phone number for reporting concerns about their operations. It also could not mandate the development of off-street parking plans for harbor vehicles.
Honeywell Performance Materials and Technologies wanted a single global trade management solution that could integrate to two different SAP platforms for automated screening of export customers.
A group of 17 American retailers, including Wal-Mart Stores Inc., Target Corp. and Macy's Inc., have signed on to a five-year agreement to help improve safety at garment factories in Bangladesh.
Ensuring product quality is of utmost importance to the pharmaceutical industry, and appropriate controls and oversight are required for both the drug-manufacturing process and the supply chain for pharmaceutical ingredients.
Siim Kallas, vice president of the European Commission, has outlined some changes to customs formalities in ports, in an effort to help shift EU transit cargo from congested highways to under-utilised short-sea shipping lanes.
Across industries, manufacturers pride themselves on quality but put top emphasis on reducing overall costs. And while these may seem like conflicting priorities, they can be explained by the concurrent demands of the internal economic drivers of an organization and the external customer requirements for quality and efficiency. As such, these priorities are here to stay, especially as the consumer becomes increasingly empowered and publicly vocal. In recent years, product quality and safety have become tightly integrated with traceability and supplier scorecards. But for manufacturers with foresight to proactively implement a comprehensive traceability system before a contamination problem occurs, there is an opportunity to provide their organizations with the ability to dramatically improve response time, implement corrective measures, and minimize repercussions to the bottom line and the brand, should a problem arise.