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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. At SAP their solution is developed by their governance risk and compliance team.

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Beyond Trade Compliance

Logistics Viewpoints

Jackson Wood, director of industry strategy for global trade intelligence at Descartes. I’m kicking off some research and writing on global trade compliance. Mr. Wood believes there is a significant trend that is occurring with respect to the trade compliance department in companies. Both are leaders in this market.

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What Is Vendor Compliance and Why Is It Important for Retailers?

GoShip Blog

Specifically, more retailers are now developing and deploying vendor compliance programs for their suppliers to manage the business on pre-determined conditions. Apparently, retail compliance programs will soon be used by even small retailers, so it’s crucial to understand the goal of supplier management and how it works.

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Cybersecurity: The First Line of Defense for Your Warehouse

Logistics Viewpoints

Practices like multi-factor authentication and setting specific authorization levels for different users are key components of a robust security strategy. It’s critical to discuss the provider’s protocol for responding to security incidents, their incident response plan, and their disaster recovery and business continuity strategies.

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3 Strategies for Migrating Inventory to a New 3PL

Ship Monk

There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Most companies employ one of the following three strategies: Strategy 1: “Hard Switching” from Your Previous 3PL. Taking the Plunge.

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Business Growth Management: Tips and Strategies to Keep Up With Your Growing Business

WorkWave

They could also be dealing with: Demands of a growing workforce; More diverse customer needs; Business intelligence requirements; Keeping the supply chain running; New competitors; New compliance responsibility; Keeping the business culture intact. Another example of using software to automate tasks is a social media management dashboard.

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The Impact of Fast Fashion Giants On Air Cargo

Freightos

Despite the reduced customs costs, both companies are likely shipping by air at a loss—a sustainable strategy for their coffers but one that majorly impacts supply chain organizations reliant on the same volumes. The first is that the loss-leading strategy dramatically impacts U.S. policymakers are concerned for several reasons.