Archive for Global Trade Management Solutions
Supply chain risk management solutions must encompass process, content, and connectivity. Even before the economic downturn, large enterprise software vendors like SAP and Oracle had begun to introduce Governance, Risk, and Compliance (GRC) solutions in response to a growing customer requirement: the ability to respond to risks more efficiently.
Initially, these solutions were largely process based—i.e., they created process flows for dealing with specific compliance requirements. Companies… Continue reading
Most of the world will be focused on the World Cup these coming days. But for those of you more interested in supply chain and logistics, here’s some noteworthy news:
- Freight Transportation Services Index (TSI) Rose 0.3% in April from March
- AAR Reports Monthly Rail Traffic Continues Mixed Gains in May 2010
- State of the Air Transport Industry (from IATA)
- Con-way
This was a relatively quiet week, but here are some items that caught our attention:
- SAP Underpins On-Demand Strategy With the Proven Power of Partners
- New Release of SAP® Business ByDesign™ Gives Customers In-Memory Analytics, Support for Mobile Devices, and Customizable User Interfaces
- CDC Software Acquires TradeBeam, a Leading Cloud-Based Provider of Global Supply Chain Visibility and Trade Management Solutions
- UPS
I come from a long line of lottery players, and an even longer line of lottery losers. The Powerball jackpot was $258.5 million earlier this week. I bought a ticket at the gas station that I drive by every morning on my way to work. I never check my numbers the day after the drawing. I know that if I see balloons and banners when I drive by the gas… Continue reading
This Week in Logistics News (Feb 22-26 2010)
· CommentsI spent a few days this week at the SAP Insider Logistics and Supply Chain Management 2010 conference. I’ll share my takeaways from this event next week. In the meantime, here’s some of the news that caught our attention this week:
- RedPrairie to be acquired by New Mountain Capital
- Walmart Announces Goal to Eliminate 20 Million Metric Tons of Greenhouse Gas Emissions from Global Supply Chain
Last week, the U.S. Commerce Secretary, Gary Locke, unveiled details of the National Export Initiative (NEI), a new effort by President Obama aimed at doubling U.S. exports over the next five years to support 2 million jobs in America. According to the press release, NEI is focused on three key areas:
- A more robust effort by this administration to expand its trade advocacy in all its forms
In case you don’t regularly check our News Roundup section on Logistics Viewpoints, here are some important developments that occurred this week:
Hours of Service (HOS) trucking rules are back on the drawing board. After years of legal challenges, the “final” rule was published last November. But earlier this year, Public Citizen, Advocates for Highway and Auto Safety, the Truck Safety Coalition, and the International Brotherhood… Continue reading
What would a Global Trade Management (GTM) solution that took a lifecycle approach to trade compliance look like? John Wainwright, the Vice President of Customs Compliance at Leggett & Platt, has an insightful answer to this question: Trade compliance processes should mirror a customs audit.
Leggett & Platt (L&P) is a global, diversified manufacturer of engineered components made mostly from steel. Even if you are not familiar with… Continue reading
