Topic: Global Trade



Nearshoring shifts focus of procurement leaders

Bringing production and sourcing back to the United States or to a country in close proximity have always been goals for companies that want to gain better control over their supply chains. But for…

Five strategies to make procurement more sustainable

A recent report from Accenture and EcoVadis found that delivering on sustainability goals is a top driver in 71% of procurement programs.

Is the market stabilizing? Shippers are optimistic

Even as new data suggests freight shipments continue to slide, shippers in BlueGrace Logistics Index are feeling better about the remainder of the year.

Latest in Global Trade

U.S-bound May imports show continued growth, reports S&P Global Market Intelligence

Friday, June 14, 2024 · Jeff Berman
May imports, at 2.70 million TEU (Twenty-Foot Equivalent Units), rose 11% annually, following April’s 8% annual gain, with growth intact for the ninth consecutive month, following a 14-month stretch of annual declines. Total first quarter imports were up 11% annually.

Nearshoring shifts focus of procurement leaders

Friday, June 7, 2024 · Bridget McCrea
Bringing production and sourcing back to the United States or to a country in close proximity have always been goals for companies that want to gain better control over their supply chains. But for procurement leaders, it adds complexity.

Five strategies to make procurement more sustainable

Thursday, May 30, 2024 · Pierre-François Thaler and Matias Pollmann-Larsen
A recent report from Accenture and EcoVadis found that delivering on sustainability goals is a top driver in 71% of procurement programs.

Is the market stabilizing? Shippers are optimistic

Tuesday, May 21, 2024 · Brian Straight
Even as new data suggests freight shipments continue to slide, shippers in BlueGrace Logistics Index are feeling better about the remainder of the year.
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Procurement best practices

Sunday, May 19, 2024 · Brian Straight
Procurement is transforming. Gone are the days of blindly spending with single suppliers, replaced by a complex network of diverse global suppliers. Gone are the days of procurement leaders “that just know what to do,” replaced by workers leveraging technology to fill in…
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What supports accurate spend analysis?

Sunday, May 19, 2024 · Marisa Brown, senior principal research lead, supply chain, APQC
Supply chain organizations are always looking for greater visibility into spending. Leaders are dedicating additional resources to spend management, which seeks to answer several questions related to spend analysis.
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Special planning teams for unusual times

Sunday, May 19, 2024 · Larry Lapide
The COVID-19 pandemic highlighted the need for special short-term planning teams to supplement an S&OP team. An S&OP team is always vital to managing the rudder for navigational purposes. However, Quick Response and supply-in-mind planning specialists need to help out…

A reshoring history lesson

Friday, May 10, 2024 · Brian Straight
The reshoring trend is rapidly accelerating, but it is not new. Reshoring Institute Executive Director Rosemary Coates provided a history lesson on reshoring at the recent ISM World conference.

Planning fatigue may be settling in

Wednesday, May 8, 2024 · Brian Straight
Supply chain disruption scenario planning continues to remain robust, but there is some fatigue settling in as fewer organizations are making it a priority.

Despite American political environment, global geopolitical risks may be easing

Friday, May 3, 2024 · Brian Straight
Geopolitical risk advisor Ian Bremmer says that despite the current global political environment, most countries are recognizing the importance of a global supply chain.

World Trade Centers offers a helping hand to create resilient, interconnected supply chains

Wednesday, May 1, 2024 · Brian Straight
Building resilient supply chains requires trust, and the World Trade Centers is helping foster that with locations around the globe, connecting companies with local resources.

Israel, Ukraine aid package to increase pressure on aerospace and defense supply chains

Monday, April 22, 2024 · Brian Straight
The passage of a U.S. aid package for Israel and Ukraine comes at a time of an expected increase in commercial aviation manufacturing, adding further pressure to aerospace and defense supply chains.

How one small part held up shipments of thousands of autos

Wednesday, April 10, 2024 · Rosemary Coates
The recent case of thousands of autos being denied entry to the U.S. over concerns of forced labor used by a sub-assembly supplier illustrates the need to improve scrutiny of the supply chain.

Shining light on procurement’s dark purchases problem

Friday, April 5, 2024 · Brian Straight
Many companies do not have processes in place to control procurement spending, leading to millions in wasted dollars from untracked dark purchases.

40% of procurement leaders ignoring sustainability, study reveals

Thursday, April 4, 2024 · Brian Straight
Many procurement professionals are ignoring sustainability initiatives as they battle pressure to control spend.
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