The value chains of tomorrow will look very different from the value chains of today. Major shifts in demographics, systems, global wealth, the availability of natural resources, technological advancements and climate changes all contribute to the need for value chains to be more flexible, intuitive and efficient as demand and supply channels adapt.
Manufacturing growth output saw a slight decline for the third straight month while still remaining in growth mode, according to the September edition of the Institute for Supply Management’s September edition of its Manufacturing Report on Business.
Companies used to compete on price and service. The future of supply chain, according to Steve Melnyk, is culture. In fact, innovators like Apple, Google, and Unilever are already leading because of their cultures. Your company can too.
Global Trade Management, Trade Agreements, Free Trade Zones, Trade Compliance, Import, Export Driven by the expansion of international trade and major new trade agreements, the worldwide market for Global Trade Management will continue its strong growth over the forecast period, according to a new ARC Advisory Group study.
Ocean freight rates for cargo moving under contracts on the major East-West routes have seen a sharp reduction since the beginning of the year, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.