article thumbnail

From Globalization to Glocalization

Enterra Insights

” • Risk Management : “Expanding internationally exposes businesses to new risks, such as currency fluctuations, political instability, and natural disasters. 8] Staff, “ Reduced risk, regionalization become supply chain priorities, economics expert says ,” Freight Waves, 22 June 2023.

Global 130
article thumbnail

Milestone: Freightos Celebrates One Million Transactions!

Freightos

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Freight is digitizing itself now at real scale.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five Tips on Sourcing Products From China

EMERGE App

Things like handling multiple currencies when dealing with suppliers and purchase orders. Granted, you’re not going to book the next flight to meet one supplier. Once the goods are finished and ready for export, they will take care of export certification and documentation, and finally arrange for international freight shipping.

article thumbnail

Blockchain can make global supply chains more efficient and secure

The UCLA Anderson Global Supply Chain Blog

There are two sides of a bitcoin: a cryptocurrency that enables anonymous individuals to facilitate transactions using a decentralized digital currency without a middleman (such as a bank or credit card company). [1] In the ocean freight industry, many steps are conducted manually with lots of paper work. . Christopher Tang.

article thumbnail

Blockchain can make global supply chains more efficient and secure

The UCLA Anderson Global Supply Chain Blog

There are two sides of a bitcoin: a cryptocurrency that enables anonymous individuals to facilitate transactions using a decentralized digital currency without a middleman (such as a bank or credit card company). [1] In the ocean freight industry, many steps are conducted manually with lots of paper work. . Christopher Tang.

article thumbnail

An Offer You Can’t Refuse

Tailwind

I remembered reading the book when I was 13 years old. I know I should be taking time off enjoying my weekend and not thinking about work, but I sat there thinking about the offers that we make online to our customers in our trucking software and freight brokerage software business. it was perfect timing!

article thumbnail

The Business Case for a Global TMS

3rdwave

Managing global freight is ladened with challenges. The global TMS functionality necessary to support execution control are: Freight contract management. Carrier Booking and Confirmation control. Freight Invoice Auditing. Possibly the most critical challenge is the limitation of time. Origin and Destination local charges.