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Think Tank
Global Trade Management: Page 178
Why S&OP Is Critical to Supply Chains
"Sometimes buzz begets buzz." That's Patrick Bower's explanation for why sales and operations planning (S&OP), hardly a new concept, has become so important to companies today. According to the senior director of corporate planning with Combe Inc., globalization has had a big influence on companies looking for ways to plan demand within increasingly complex supply chains.
Keys to Deploying Advanced S&OP
Companies wonder how often they should meet in order to achieve maximum information-sharing within the organization, as part of an effective sales and operations planning (S&OP) process. "As often as they need," advises Sanjiv Sharma, head of sales and operations planning with Rolls-Royce Energy Systems. "As little as they can get away with."
Zepol Releases New Trade-Compliance Tool for Importers
Zepol Corp., a provider of trade intelligence and management tools, has released ComplianceIQ.
Managing Global Supply Chain Risk
Descartes Unveils Android-Based Mobile Application
MobileLink, the global positioning system-based application for managing mobile workers from Descartes Systems Group, is now available on the Android operating system.
Leading Luxury Global Retailer: First-Class Import Trade Compliance
Challenge: A leading luxury global retailer to the traveling public needed up-to-the-minute Global Trade Content for their Classification (HTS/HS) codes to ensure compliance for duty, taxes and fees. They preferred an on-line solution supported and integrated with daily updated content rather than installed software, and did not want to have to buy hardware or hire trained personnel to complete the task of maintaining content and working through manual databases/processes.
President Seeks to Boost Trade Through International Regulatory Cooperation
President Obama issued May 1 an executive order that aims to foster international trade by promoting greater cooperation with other countries on the development and implementation of regulations that affect global commerce. The order notes that foreign regulatory approaches may differ from those taken by U.S. agencies and that in some cases the differences might be unnecessary and impair the ability of U.S. businesses to export and compete internationally.
Revamping the Organization for Forecast Excellence
"Where and how should the forecast organization report?" That's the number-one question that Lora Cecere, partner with the Altimeter Group, is asked as an analyst. Her answer: "It needs to report to an organization that's neutral."
Digging for Rare Earth: Another Challenge to China's Dominance
What began as a trickle of stories about challenges to China's supposed economic dominance has become a steady flow. It began with revelations of working conditions at Chinese factories. Soon we were reading about rising wages in the industrial sector - great for Chinese workers, but sure to make the country a less attractive source of cheap manufacturing for the West. Then there was the recent slowdown in China's foreign direct investment, along with the nation's struggle to create an economy that's geared more toward domestic consumption in the service of a growing middle class. Meanwhile, serious questions persist about the stability of China's banking system. And just last week, we learned that China's trade surplus with the U.S. is rapidly shrinking, as the country wrestles with the consequences of a stronger yuan.
CargoSmart Launches Business-Process Outsourcing for Ocean Carriers, LSPs
CargoSmart Ltd., a vendor of global shipping and logistics applications delivered under the software-as-a-service (SaaS) model, has launched business-process outsourcing services for ocean carriers and logistics service providers (LSPs).
Leading Semiconductor Producer Streamlines Global Logistics Across 45 Countries
Challenge: A leading manufacturer of semiconductors has recently undergone rapid global expansion, completing eleven acquisitions in only seven years. As a result, company needed an effective global trade management strategy to ensure it maintained efficient, compliant cross-border transactions for moving 17 billion units across 45 countries per year.
Manufacturer Centralizes Procurement to Ensure Trade Compliance, Improve Supplier Coordination
Challenge: As part of an initiative to centralize its global procurement operations, a Fortune 500 diversified manufacturer of engineered components and products needed a way to effectively manage its importing process and reduce procurement costs while enabling real-time collaboration with its global suppliers.
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