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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

The global trade compliance market is one crazy market. The market grew by double digits year over year, yet there is no standard user and consequently there is no common understanding of what the end-to-end global trade compliance process should be. Every customer seems to want to manage them differently.” Treasury Department.

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The Russian Invasion, Cyber War, and Global Supply Chains

Logistics Viewpoints

When Russia invaded Ukraine, I knew there would be impacts on global supply chains. The servers, computers, tablets, and smartphones we use are built in global supply chains with components and assembly taking place in many countries. It took two weeks to restore all the global applications. What I most feared was cyberwar.

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Mitigating Geopolitical Risks in the Supply Chain, Part One

Enterra Insights

On a spectrum of geopolitics with integrated globalization at one extreme, these developments are at the other extreme, and they’re driving a disproportionate amount of the uncertainty in the world today. ” • Notorious North Korea. ”[5] They add, “Globalization is under strain. .”[5]

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Procurement Can Prepare for  Supply Chain Risk

ivalua

Globalisation has made is much easier for UK businesses to trade across borders, allowing access to lower cost sources of supply and new markets. This drive has resulted in increasingly global and complex supply chains, which expose organisations to more supply chain risk than ever before.

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Made in “I Really Don’t Know”

Talking Logistics

As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” We do not approve or authorise any production of Rip Curl products out of North Korea.”

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EV segment will likely depend on China for many years

Resilinc

The IRA also labels China, Russia, Iran, and North Korea as “foreign entities of concern” and aims to prohibit automakers that use any critical minerals extracted, processed or recycled in those countries from receiving tax credits. according to a WSJ infographic drawn from S&P Global, Bloomberg NEF, and PwC. for the U.S.,

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Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

Source: Evan, Flikr. “I SophiaTX Open Source Platform to Integrate SAP, Blockchain. Simply put, there are plenty of changes, risks, and uncertainties related to global trade that companies need to keep a close eye on in order to respond quickly and effectively to whatever happens in the months ahead.