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Global Trade Management: Page 156

TAKE Solutions Enhances Collaboration Suite; Supports Life Sciences

TAKE Solutions, a vendor of software for supply-chain management and the life sciences sector, has made enhancements to its OneSCM supply-chain collaboration suite.

Pharmaceutical

Collaborative Purchasing, Revisited

So collaborative purchasing appears feasible for the restaurant industry. But what about other business sectors? Can different companies - even direct competitors - really band together to get better deals from their suppliers?

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China Takes Control of Pakistan Port from Singapore

China has assumed control of a strategic Pakistani port on the Arabian Sea, as part of a drive to secure energy and maritime routes that also gives it a potential naval base, sparking Indian concern. The Pakistani cabinet approved the transfer of Gwadar, currently a commercial failure cut off from the national road network, from Singapore's PSA International to the state-owned China company on January 30.

TNT Express Opens New Center in Romania

TNT Express has opened a new hub near Romania's third largest airport, Traian Vuia International Airport, in Timisoara. TNT Romania said its new Timisoara Centre was built to provide operational and technological support specifically for high-performance express services.

Chief Executive of Maersk Focuses on Improving African Infrastructure

The CEO of Maersk Group toured Nigeria, Angola and Ghana in a bid to focus on African infrastructure improvements. As African economies boom, infrastructure improvements become more important to turning the growth into sustainable development, and Maersk is planning to take a role in this transition.

Supply Chain Disruptions Major Threat to Share Prices of Businesses

In recent years, supply chains have become longer and more complex, while the severity and frequency of supply chain disruptions seems to be increasing. In close cooperation with Accenture, the World Economic Forum recently presented a report, "Building Resilience in Supply Chains," at the WEF Annual Meeting in Davos, Switzerland. It indicates that significant supply chain disruptions reduce the share price of affected companies by as much as seven percent on average.

Linking the Physical and Financial Supply Chains

Electronic invoicing isn't new, writes Nigel Taylor of GXS. It started over 40 years ago with business-to-business (B2B) electronic data interchange (EDI) within private networks. With the advent of the internet in the '90s, e-procurement portals appeared and sparked a frenzy of investment into online industry communities. The e-procurement portals focused on sourcing and purchasing activities, and this narrow focus inevitably led to internet portals dedicated to payables processing.

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UK Freight Forwarding Sector Annoyed by Trade Negotiations

As talks are announced regarding a potential free-trade agreement between the two continental powers, which could simplify and revolutionize the â‚¬450 per annum trans-Atlantic trade there are rumblings in UK freight forwarding circles that another agreement, potentially a precursor to the main agreement and involving the security concerns when shipping goods between the partners, does not appear to hold all that it originally seemed to promise.

Taiwan Gears Up for Growth

One of the most important challenges facing the government today is ensuring that Taiwan is not left on the sidelines as the Asia-Pacific region moves toward greater economic integration. This goal can only be achieved by further strengthening ties with major trading partners and hammering out state-of-the-art economic and investment pacts.

TradeCard Issues Platform for Building Supply-Chain Apps in the Cloud

TradeCard Inc. has made generally available its new AppXpress platform.

Accellos Achieves Compatibility With Microsoft Dynamics; Forges New Partnerships

Accellos, a vendor of supply-chain execution software, has achieved compatibility with Microsoft Dynamics GP 2013, for the latest releases of AccellosOne Collect and AccellosOne EDI (electronic data interchange).

PrimeRevenue Launches Supply-Chain Finance-Enablement System

PrimeRevenue Inc., provider of a hosted platform for supply-chain finance, has launched SCiEnable.

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