The volatility of the U.S. – China Trade war has caused considerable uncertainty for companies with global manufacturing networks. Increasing tariffs, regulations and other barriers are forcing companies to adapt to prepare for commercial risks amid escalating trade tensions.
Tech manufacturers have led a shift in the relationship between business and society. It has been a driver of progress while raising questions about some outcomes. High tech businesses can plan for the future by deploying intelligent ERP that builds trust and accelerates business and societal growth.
U.S. manufacturers are lagging their European counterparts in the adoption of creative approaches to supply-chain finance. But three companies are demonstrating the varied ways in which that tool can be effectively deployed.
Supply-chain digitization is a powerful concept that promises to improve key processes, but it shouldn't be focused on at the expense of a good risk-management program, says Bill DeMartino, general manager-North America with RiskMethods.