Why a well-executed trade compliance program brings peace of mind, controllable and predictable outcomes, and significantly reduces risk of violating regulations & facing major penalties or other sanctions.
No matter how well your team has done its supply chain planning, it seems like exceptions keep arising and you’re constantly in fire-fighting mode. In the case of supply chain, the issue isn’t so much about operations, it’s about the ability to collaborate quickly and effectively when an exception deviates from the established plan. This is why forward-thinking organizations are creating Centers of Excellence for their supply chain.
The coronavirus pandemic has had a huge impact on global risk-management strategies. Many companies learned in 2020 that their supply chains weren’t prepared for a disruption of such massive scale. Now, they’re determined not to get caught short again.