2017 has been a year of great disruption for global trade professionals. Trade agreements are being canceled and renegotiated, regulatory enforcement is on the rise, the timeline for Brexit is approaching, political instability is a growing concern, and catastrophic weather-related events have disrupted supply chains worldwide.
Networks that had been relatively stable for years are now in flux. Now more than ever, companies need to re-engineer processes and supporting systems to achieve a totally new level of agility to respond to these market forces.
This new report from Amber Road and American Association of Exporters and Importers (AAEI) explores some of the main disrupters of global trade and strategies to combat them.
e-Commerce continues to blow the doors off traditional retail – literally in some situations – but comes with some risk.
Traditional global commerce (e.g., container freight) is growing, but ever so slowly.
Free trade and trade preference doesn’t weigh heavily on all supply chains – except NAFTA.
Product compliance and quality are important factors to sourcing execs – export and import compliance means the most to trade execs.
