Remove 2016 Remove Antigua Remove Cost Reduction Strategies Remove Sourcing
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Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

Prime Minister Gaston Browne of Antigua and Barbuda said "Barbuda right now is literally a rubble" as 95% of buildings were damaged and 40% of the country’s total population were left homeless. Fuel shortages were already reported in Florida and analysts estimate that the Irma’s cost could hit $125 billion should it make landfall in Miami.

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New: Global Trade Map 2016

Supply Chain Movement

According to Aberdeen Research, “international shipments cost twice as much, take five times as long and have five times more variability than domestic shipments.” Such an approach enhances compliance and reduces the potential for further costs related to post-clearance audits/checks by customs authorities.