Venezuela's Oil Crisis

Elementum

Venezuela, owner of the world’s largest known oil reserves, has consistently ranked among the top exporters of oil. Because of this natural abundance, Venezuela's economy, and thus its government and social services, are largely driven by oil exports. Previously, Venezuela’s reliance on oil didn’t ring any alarm bells for economists because the profits from oil prices were sky-high. Now, Venezuela is burdened with high inflation.

Addressing Challenges in Emerging Markets: An Up-Close Discussion on Latin America

Talking Logistics

Podcast version (click to play): 3PL Latin America Past Episode Past Episode - GT Nexus Supply Chain & Logistics Trends Argentina Brazil DHL GT Nexus logistics Ricardo Carrion supply chain VenezuelaPeople often think of Latin America as a single entity, but in reality, it’s a fragmented environment, with country-specific trends, challenges, and opportunities.

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Colombeia SAS and Axway partner for sound results with MFT and B2Bi

Axway

Colombeia SAS and Axway have partnered for the last four years with outstanding results for the countries of Colombia and Venezuela. Axway’s Managed File Transfer (MFT) and B2Bi solutions have provided Colombeia SAS’s customers with a go-to solution to solve … AMPLIFY products B2B & EDI Integration Managed File Transfer Partners AMPLIFY B2Bi AMPLIFY MFT partners

SmartHop hires Uber alum Liu, opens New York, Colombia offices

The Supply Chain Journal

SmartHop was founded by Garcia, who worked as a pet food delivery driver in his native Venezuela. Following a $12 million funding round announced in February, SmartHop is moving forward quickly with new hires and expansion of its services.

Lessons From the Front Line: 3 Hospitality Supply Chain Horror Stories

AFFLINK

Xinia Camacho, reports Fusion , is a humble owner of a 20-room boutique in Venezuela. In recent years, the socialist country of Venezuela has been faced with a vanishing supply of consumer products, like toilet paper. Hotel rooms run out of toilet paper. Customs officers hold avocados hostage without process. Questions arise about mystery meat. From the outside, hospitality supply chain management may seem like all glamour , but any brave soldier knows that’s far from the truth.

Logistics in Latin America: A Mosaic of Trends, Challenges, and Opportunities

Talking Logistics

See the recent election results in Argentina and Venezuela , and the issues facing Brazil’s president and economy , as examples. People often think of Latin America as a single entity, but in reality, it’s a fragmented environment, with country-specific trends, challenges, and opportunities. That was my main takeaway from a conversation I had recently on Talking Logistics with Ricardo Carrion, Senior Director, Operations and Business Development at DHL Latin America. Here in the U.S.

Cyber Attacks Are Major Risk in New Global Resilience Ranking

Material Handling and Logistics

Haiti is the bottom-ranked country followed by Venezuela and Nepal—also the same order as last year. Cyber risk is just one of the indicators of the index which reflects data related to economics, natural hazards and supply chains, and addresses concerns about business risks including political upheaval, fire and hurricanes. The risk of cyberattack, once overhyped, now threatens businesses’ very existence, according to a recent survey, 2018 FM Global Resilience Index.

How Many Slaves Are in Your Supply Chain?

Talking Logistics

The company is also stopping production in Ecuador, Venezuela, Belarus and Pakistan by April 2014 (these countries scored low in a World Bank report that assessed countries on accountability, corruption, violence, and other metrics). The collapse of the garment factory in Bangladesh last week , which killed at least 705 workers and injured thousands of others, has put a spotlight on a problem that plagues many supply chains: the use of slave labor.

Most desirable logistics location of Europe in 2018

Supply Chain Movement

Venezuela. The Netherlands is the best region for a logistics base according to the ‘VerkehrsRundschau Markenstudie ImageRanking’. The market study by VerkehrsRundschau (a leading German magazine with a website about transport and logistics) assessed the attractiveness of the countries close to Germany as a base for logistics activities.

American dreaming with SmartHop CEO/co-founder Guillermo Garcia — FWI

The Supply Chain Journal

His trucking roots can be traced back to his native Venezuela, where his career began as a master production scheduler for Nestle before founding his own trucking company, ALCARIN, which amassed nearly 500 employees.

Checklist for working capital management

Supply Chain Movement

Venezuela. 10 questions to assess working capital management. Working capital management revolves around inventory, debtors and creditors. Some companies generate cash so quickly that they can even achieve negative working capital. Supply Chain Media and software vendor Slimstock have developed this checklist for working capital management. >>Please >>Please click on the red button and fill in the fields to activate the green download button.

Rethinking your optimum

Supply Chain Movement

Venezuela. Rethink your optimum: Prepare your supply chain for the challenges of 2017 and beyond. Advanced analytics and optimization technology is the game-changing advantage that will push you past the competition – giving your business more agility, higher accuracy and sharper insights to maximize your revenue. Learn more about: How data, advanced analytics and optimization technology combine to give your company the adaptability it needs in challenging markets.

Logistics Execs Split on Outcome of NAFTA Talks

Material Handling and Logistics

Venezuela slumps four spots to No. Executives in a new survey, 2018 Agility Emerging Markets Logistics Index, are divided about whether a new pact would help Mexico (24.3%); hurt Mexico (21.8%); or leave trade unchanged (25.7%). Supply chain industry executives are split sharply about how Mexico will fare if it is able to agree with the United States and Canada on terms to update the North American Free Trade Agreement. .

Checklist for Global Trade Management

Supply Chain Movement

Venezuela. 10 questions about Global Trade Management. Managing the activities comprising a supply chain is becoming more difficult with the growth of trade and increased regulation. Supply Chain Movement and software supplier Amber Road have put together this checklist for Global Trade Management. >>Please >>Please click on the red button and fill in the fields to activate the green download button. Checklist for Global Trade Management.

The History of the Shipping Container

Freightos

Grace Line had instituted the first international service, US to Venezuela, in 1962. The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. One visionary, Malcom McLean , features prominently in the industry’s development. But the modern shipping container has changed much more than one industry.

White paper: Are the weakest link in your supply chain?

Supply Chain Movement

Venezuela. Increasingly, your supply chain is seen as a value-creating process that differentiates your company from the competition. Clearly, this does not change the call for efficiency and productivity. And now, the pressure is on you -as senior executive- to deliver. However, there is a realistic possibility that you are the weakest link in your supply chain. Surprised?

White paper: What if you are the weakest link in your supply chain?

Supply Chain Movement

Venezuela. Increasingly, your supply chain is seen as a value-creating process that differentiates your company from the competition. Clearly, this does not change the call for efficiency and productivity. And now, the pressure is on you -as senior executive- to deliver. However, there is a realistic possibility that you are the weakest link in your supply chain. Surprised?

Doing Business in Brazil

QAD

Brazil is located in Eastern South America and borders the Atlantic Ocean as well as the countries of Argentina, Bolivia, Colombia, French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela. Brazil is the largest country in South America and the fifth largest country in the world. With a total area just slightly smaller than the U.S.,

New Nintendo Switch, old chip problems

The Supply Chain Journal

His trucking roots can be traced back to his native Venezuela, where his career began as a master production scheduler for Nestle before founding his own trucking company, ALCARIN, which amassed nearly 500 employees. Welcome to the WHAT THE TRUCK?!? newsletter.

La carte du commerce international 2016 / Global Trade Map 2016 in French

Supply Chain Movement

Venezuela. Les accords commerciaux et leurs risques d’un point de vue UE. Amber Road, leader des solutions de gestion du commerce international (GTM), et Supply Chain Movement ont collaboré ensemble pour établir cette carte de commerce international 2016 qui montre les accords commerciaux actuels de l’UE et les risques potentiels pour le commerce. Uncovering and mitigating trade risks in international operations.

Is Logistics Outsourcing Right for Your Company?

Supply Chain Movement

Venezuela. More shippers today appear to be outsourcing some or all of their logistics. How does a company decide that outsourcing logistics is the right choice? This C.H. Robinson whitepaper can help companies decide, set reasonable expectations for what outsourcing can contribute to their organisation, and how much of a role a company will need to play to achieve the successful business outcome they seek. About C.H. Robinson. Robinson help companies simplify their global supply chains.

Checklist Regelkonforme Lieferketten/Global Trade Management

Supply Chain Movement

Venezuela. 11 Fragen zum Global Trade Management / 11 questions about Global Trade Management. Der globale Handel wächst – und mit ihm die Regulierung. Das effiziente Management von Lieferketten wird dadurch immer weiter erschwert. Gemeinsam mit Supply Chain Movement hat Amber Road eine Checkliste entwickelt: Testen Sie Ihr Global Trade Management! Managing the activities comprising a supply chain is becoming more difficult with the growth of trade and increased regulation.

Talent development essential for supply chain leaders

Supply Chain Movement

Venezuela. Recruiting raw talent is ‘extremely challenging’. Supply chain leaders have gained an ever-stronger position in the world of business over recent years. Talent development can make an important contribution to the execution of their supply chain strategies, but not all leaders pay the same amount of attention to this topic. Here, a number of leading companies show that it is possible to take a structural and creative approach to talent development.

Mindmap High-Tech Supply Chain 4.0

Supply Chain Movement

Venezuela. A technology revolution is rapidly changing the way we work, providing threats and opportunities along the way. These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supply chains. Together with service provider Arvato, Supply Chain Movement has created a mindmap outlining the route for high-tech supply chains, including road signs indicating potential hazards along the way. >>Please

Mind Map for Order Management 2.0

Supply Chain Movement

Venezuela. Global competition is forcing companies to optimally manage the orders they have scored. Supply chain execution software can coordinate the necessary alignment process between the various systems within the network. Together with MP Objects, supplier of supply chain software, Supply Chain Movement has created a mindmap for innovative order management, including a handy description of the route and with road signs indicating potential hazards along the way. >>Please

Revenues Sagging? Here's How to Thrive in 2016

Demand Solutions

Think Venezuela, Ecuador, and Colombia. I have the opportunity to travel the world with my job, and this has provided me with firsthand experience of the challenges facing many or our customers and prospects. I don’t know about you, but I’m not feeling great about the global economy right now.

Revenues Sagging? Here's How to Thrive in 2016

Demand Solutions

Think Venezuela, Ecuador, and Colombia. I have the opportunity to travel the world with my job, and this has provided me with firsthand experience of the challenges facing many or our customers and prospects. I don’t know about you, but I’m not feeling great about the global economy right now.

Updated IT Subway Map: Major acquisitions in SC software

Supply Chain Movement

Venezuela. The supply chain software industry is in a considerable state of flux. Three large, international take-overs are changing the face of the market. as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems. furthermore, because the continuing growth in outsourcing is making global businesses ever-more susceptible to disruptions, supply chain risk management software is also on the rise.

Global Trade & Transportation: Best Practices for Global Manufacturers

Supply Chain Brain

These include, new sanctions imposed on countries like Russia and Venezuela; the US withdrawal from the 2015 Iran nuclear deal; and Brexit — the UK’s withdrawal from the EU. There have been significant changes to global trade in recent years.

Blockchain Points Way to `Massive Change' for Commodity Supply Chain

Material Handling & Logistics

There was even a proposal this month by the president of Venezuela, where the domestic currency is in freefall because of economic sanctions and a long recession, of creating digital petrocurrencies backed by the country’s reserves of oil, gas, gold and diamonds. In most food-supply chains it might take weeks to figure out where it went from source to destination, and in some cases, the source may not be known, but on a blockchain, it takes just seconds.

Strategic moves among logistics providers

Supply Chain Movement

Venezuela. Fourth release of 3PL Subway Map Europe. Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. they want logistics service providers to offer full service on a global scale and are demanding more technological innovation. these are the main conclusions from Supply Chain Movement’s annual study as the basis for the 3pl subway map europe 2016, which shows the specific services of the most important logistics service providers.

Mindmap for Supply Chain Execution 24/7

Supply Chain Movement

Venezuela. Customers are becoming more demanding all the time: they increasingly expect personalised offers, available globally and round the clock. Such huge pressure on sales is also dragging the supply chain department(s) towards an ever-higher service level.

Gartner’s survey analysis: Women in Supply Chain 2016

Supply Chain Movement

Venezuela. Gartner’s first Women in Supply Chain Survey, conducted with AWESOME, an executive women’s leadership group, and supported by Supply Chain Media, compares the representation of women in supply chain leadership roles. It also identifies practices that are increasing the engagement with and success of women in supply chain organizations. Key Findings. ■ The percentage of women in leadership positions decreases as the corporate ladder rises.

Gartner’s Women in Supply Chain Survey 2016

Supply Chain Movement

Venezuela. Gartner’s first Women in Supply Chain Survey, conducted with AWESOME, an executive women’s leadership group, compares the representation of women in supply chain leadership roles. It also identifies practices that are increasing the engagement with and success of women in supply chain organizations. Key Findings. ■ The percentage of women in leadership positions decreases as the corporate ladder rises.

10 questions about supply chain optimisation

Supply Chain Movement

Venezuela. Better decision-making processes. The business complexity is increasing all the time due to globalisation, big data and dynamic interdependences. It is becoming ever-more difficult for supply chain professionals to make the right decisions. Supply Chain Media, software vendor Aimms and consultancy firm Districon have put together this checklist for supply chain optimisation. >>Please