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5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

Shift in the centers of gravity of the demand: As of the beginning of April 2022, about four million Ukrainians have left the country for neighboring countries such as Poland, Romania, Slovakia, Hungary and Moldova. This has resulted in massive spikes in demand for basic necessities in these countries. This further adds to lead times.

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The Impact of Audio Translation in Cross-Border Supply Chain Crisis Management

SCMDOJO

Sourcing raw materials from Asia, coordinating freight with European logistics providers, or navigating distribution networks in the Americas cross-border operations rely on effective communication to make them happen. Procurement staff must send alternate sourcing orders.

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Introducing QAD Adaptive ERP 2021.1

QAD

Enhancements include: QAD Internationalization adds updates to help customers meet recently required international compliance standards for Brazil, China, Hungary, India and other countries. QAD Sourcing adds new autopilot sourcing capabilities and further automates the source-to-contract process.

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Ivalua Supports the Digitalization of Tchibo’s Indirect Purchasing Process with its Source-to-Contract Solution

ivalua

Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Founded in 1949, the company today has a turnover of €3.2 ivalua.com.

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New: Global Trade Map 2016

Supply Chain Movement

Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. Guadeloupe. Guinea-bissau.

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Europe Moves to Impose Added Import Tariffs

Supply Chain Matters

The move complicates industry sourcing dynamics and provides added supply network challenges for cost and resiliency. is making investments to enhance domestic sourcing and production within noted strategic and economic industry areas. These actions reportedly were carefully targeted at strategic sectors—the same sectors where the U.S.

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The need to know

EFT

Gulf shipping costs drop as Israel-Iran ceasefire holds Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping and insurance industry sources said on Thursday.