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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

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Ukraine and the Supply Chain

Enterra Insights

Hybrid warfare, the strategy of using means other than military force to wage war on a nation, includes economic pressure to destabilize economies. That flow of grain makes up more than 70 percent of Egypt and Turkey’s total wheat imports.”[10] ” The agricultural sector will also be impacted by the conflict.

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[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

GlobalTranz

Efficient logistics is an important determinant of a country’s competitiveness and source of employment. It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material. Since the construction of the pyramids in ancient Egypt, logistics has made remarkable strides.

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Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

These two innovations opened up the possibility of a diversified global manufacturing system in which products, including the parts that would be assembled into more advanced products elsewhere, could be made in the most cost-effective regions. The quantity of goods carried by containers soared from 102 million metric tons in 1980 to about 1.83

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Middle East e-commerce profits have surged 4-fold in the last five years

Vinculum

This is one of the fast profit-generating sources skyrocketing to $20 billion by the end of 2020 in the Gulf Cooperative Council counties. These strategies will be successful when the youth are governed more by smartphones. Currently, UAE, Saudi Arabia, and Egypt together make about 80% of the digital market in the MENA.

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 How to Become a Top Seller on Noon?

Vinculum

Such business strategies are expanding worldwide to generate a considerable amount of it. Online selling is the most trending way to purchase stuff over offline shopping. The strategy became victorious over the first year, which led to the biggest sale of the year, approximately 25 million sales. Proof of purchase.

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E-Commerce in the Middle East

Vinculum

The e-commerce platform has been a direct-to-consumer where the manufacturer deals with consumers considering their choices and desires on a grander scale. It is estimated that about 90% of online stuff is sourced from outside when counting is done on Middle East countries. Market Boom in the Middle East and its reasons.