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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. This results in detention costs and delays in producing goods and delivering them to customers.

Global 176
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The Importance of Cloud Storage in Supply Chain!

Supply Chain Game Changer

The best part is that this is possible and achievable without having to upgrade one’s hardware infrastructure or purchase new software licenses. Therefore, cloud services have helped businesses reduce operational costs and enhance efficiency via effective data storage techniques. Improved Security. Enhanced Efficiency.

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5 supply chain initiatives to combat ESG risks

Taulia

A 2023 report by Glow and NIQ shows that half of surveyed consumers changed the food and grocery brands they purchase based on ESG considerations, for example. A 2022 survey by EY revealed that eight in ten supply chain executives are increasing their efforts toward sustainable supply chain operations.

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Why Blockchain Within The Supply Chain Makes Perfect Sense

GlobalTranz

Before we get into blockchain’s potential entry points into the supply chain ecosystem, let’s take a look at the two current trends in SCM *(Supply Chain Management): Dynamism SCM has evolved to become a huge, global ecosystem. Multiple manufacturers, multiple relationships, multiple distribution models, multiple contracts.