Both Germany and France objected, saying that allowing Russia to sell its oil to countries that previously imposed sanctions would increase the money available for Russia’s war in Ukraine.
Companies that broaden their view of supplier risk, integrate financial insight into planning and pay attention to behavior as well as metrics are better positioned to withstand volatility.
Eric Baker, partner in FBT Gibbons’s Private Equity & Venture Practice, discusses whether reshoring and nearshoring efforts are in limbo due to current geopolitical strife.
Trade unpredictability exposes vulnerabilities in the pharmaceutical supply chain that must be addressed to build resilient systems ensuring patient access despite geopolitical challenges.
Tony Gulotta, principal with the Ryan tax firm, explains last week’s ruling by the Court of International Trade on the refunding of tariffs ruled illegal by the Supreme Court.
If nearshoring and regional strategies are to work properly, companies need to have resilient and flexible supply chains, says Matt Schroeder, president of WSI/Kase.
In decades past, manufacturers fled the U.S. for Asia in search of lower production expense. But sourcing decisions today are a lot more complicated than that.
The latest news, analysis, trends and solutions regarding sourcing, procurement and supplier relationship management (SRM) and their impact on supply chain management. New technologies in sourcing and procurement are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency, cut costs and build more strategic partnerships. Learn how companies around the world are using sourcing, procurement and SRM solutions for supply chain optimization.
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