During the mid-2000s, when emerging markets were growing at breakneck speed, the cavernous gap separating industrial and developing economies began to close. This convergence took place against a backdrop of economic liberalization, built on the idea that the financial systems of all nations would dovetail. That period is now over.
Michael Landberg, strategic global sourcing manager at Boston Scientific, describes how a major player in life-sciences approaches the critical issue of risk management.
Shipping and logistics operators say the U.K. vote to leave the European Union will rattle regional supply chains as Britain rebuilds its trading relationships and rules.
Louis Ferretti, project executive for global procurement with IBM, traces the history of the company's risk-management initiative, to its current use of sophisticated technology and business processes.
Mainfreight USA, a global supply-chain and logistics services provider, has added two warehouses to its North American logistics network, in Newark, N.J., and Dallas.
The Panama Canal accounts for roughly five percent of world sea trade, and the expanded Panama Canal is estimated to generate a three percent increase in cargo volumes transiting the canal.
Following the announcement that the UK will be leaving the European Union, the trade association that represents UK freight forwarders says in the run-up to that exit it will campaign to ensure that the movement of the UK's visible import and export trade does not become unduly burdened by overly complicated trade procedures.
In an attempt to attract more foreign funds to boost the nation's businesses, India's government this week relaxed the rules regulating the amount of foreign direct investment allowed across a wide spectrum of Indian business sectors, including the aviation industry.