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Global Trade Management: Page 22

Five Ways to Avoid, Absorb and Recover from Supply Chain Disruptions

Supply chain resiliency is the ability of an organization to avoid, absorb and recover from the business impact of disruptions through a risk-balanced approach to product, supply chain strategy and network design.

Satellite image from Cnes2021, Distribution Airbus DS, shows cargo ship Ever Given stuck in the Suez Canal near Suez, Egypt, Thursday, March 25, 2021.

Stop Using Spreadsheets to Manage Your Global Supply Chain

Maintaining your organization’s dependence on collecting, tracking and sharing supply chain data with Excel is perhaps the biggest threat to agility, resilience, visibility and profitability.

A man at a computer.

What If You Treated Your Data Supply Chain Like the Physical Supply Chain?

While the task and responsibility for managing the data supply chain is primarily the responsibility of information technology professionals, the concepts and tools we use every day directly apply to the data supply chain as well as the physical supply chain.

A spreadsheet filled with data is shown on a digital tablet. Photo: Getty.

Think Like a Boss: CPOs Need to Step Up, Broaden Approach, Gartner Says

Chief procurement officers (CPOs) must collaborate with stakeholders inside and outside their organization — and begin thinking and acting like CEOs, say the authors of a new report from Gartner Inc.

A close-up view of two colleagues reviewing data on a digital tablet. Photo: Shutterstock.

Will War in Ukraine Force Permanent Change in Global Procurement Strategies?

Russia’s invasion of Ukraine is causing severe shortages of the building blocks of industrial production the world over.

A Ukrainian flag stands near Maidan Nezalezhnosti, or Independence Square, in the center of Kyiv, Ukraine. Photo: Getty.

Modifi Unveils Free Shipment Tracking Tool for Cross-Border Commerce

Global fintech MODIFI has announced a free shipment tracking tool that aims to help shippers improve cross-border logistics.

Podcast | How Are SMB Traders Surviving the Supply Chain Crisis?

Geopolitical and economic winds are buffeting all international traders. But small and medium-sized businesses are most vulnerable to the storm.

A small business manager counts cash. Photo: Getty.

Latin America Free Zone Sees Silver Lining in Supply Chain Kinks

Uruguay’s largest free zone operator Zonamerica SA, which hosts over 350 companies, plans to break ground on more than $100 million in real estate projects through next year as it bets stressed global supply chains will boost the country’s appeal as a regional hub.

Workers walk next to wind turbine equipment and shipping containers at the Port of Montevideo in Montevideo, Uruguay. Photo: Bloomberg.

Watch: How to Keep Suppliers Contractually Responsible

Tiffany Presley, attorney in the Supply Chain Practice of Barnes & Thornburg LLP, offers advice on how manufacturers can achieve better visibility of, and control over, suppliers at the tier-one level and beyond.

How To Keep Suppliers Contractually Responsible

Watch: Time for a Paradigm Shift in Supply Chain Management

Just-in-time and Lean inventory strategies might have served their purpose in the past, but supply chains today are shifting their collective mindset to brace themselves against unanticipated disruptions, says Christine Barnhart, vice president of strategy and GTM with Verusen.

Time For A Paradigm Shift In Supply Chain Management

Biden’s Trade Plan to Kickstart U.S. Solar Fails to Win Over Industry

President Joe Biden’s attempt to defuse a complicated trade dispute that’s paralyzed the U.S. solar industry is drawing swift criticism from some of the very companies the White House had been seeking to appease.

Photovoltaic panels at a floating solar farm. Photo: Getty.

U.S. Takes First Step Towards Four-Year China Tariffs Review

The Biden administration is taking the first step toward a review of tariffs on more than $300 billion in Chinese imports that’s required to keep them from starting to automatically expire in July.

A China and U.S. flag wave side by side in the wind. Photo: Getty.

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