Japanese Prime Minister Shinzo Abe in a speech to American business leaders in New York on September 19 said this: “Japan and the US must each obtain domestic approval of the TPP as soon as possible. Success or failure will sway the direction of the global free trade system, and the strategic environment in the Asia-Pacific.” His words echo those of other Asian government signatories to the 12-nation free trade pact known as the Trans-Pacific […]
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Archive for Global Trade
Logically enough, the majority of Logistics Viewpoints (LV) readers work in the logistics field. And LV is a logistics industry blog, not a political op-ed site. However, I believe the issue of global trade is both a core logistics topic and a hot political one. Furthermore, the presidential candidates from both major parties have been denouncing international trade as of late. I actually believe both candidates are supporters of free trade, whether it be domestic or international. […]
Read More →Two weeks ago, I wrote an article about our just released market study on the Global Trade Management (GTM) market outlook. GTM solutions streamline and automate processes related to customs and regulatory compliance, global logistics, and trade financing. By doing so, GTM solutions facilitate the flow of information, money, and goods in global trade supply chains that include buyers, sellers, and intermediaries, including customs agencies, banks, and freight forwarders. ARC segments the GTM market into […]
Read More →ARC Advisory Group conducts an annual analysis of the global trade management (GTM) market. The research process includes the analysis of large amounts of information and interviews with executives from numerous GTM software companies. The process concludes with the publication of ARC’s GTM Global Market Research Study, which analyzes the market shares across numerous categories of the leading GTM suppliers. Aside from the market share analysis, the study looks at the trends that are driving […]
Read More →Brexit will have a minimal impact on global supply chains. The U.S. presidential election could have a much bigger impact. And changes in EU tax enforcement, the most of all.
Read More →In markets with unpredictable logistics questions, automation can help businesses find the answer Companies are leaping head first into new markets, looking to cash in on the lucrative omni-channel opportunities unlocked by the global expansion of e-commerce. Yet as they race to add customers, build sales and boost revenues abroad, many companies are putting potential profits in jeopardy by entering new markets without a solid plan for managing their global shipping and logistics operations. As […]
Read More →What is happening to global trade? You may ask, “What do you mean?” Well, I think a quote from a World Trade Organization (WTO) September press release describes the situation the best: “If current projections are realised, 2015 will mark the fourth consecutive year in which annual trade growth has fallen below 3 per cent and the fourth year where trade has grown at roughly the same rate as world GDP, rather than twice as […]
Read More →Ring out the old, ring in the new, so the saying goes. Indeed, because while 2015 was fading out this last December 31, the new ASEAN Economic Community (AEC) was being born. But if you live much beyond the shores of Southeast Asia it is likely news of this particular birth passed you by. So let me explain, because this region of 632 million people and combined GDP of $2.5 trillion is set to become an […]
Read More →You’ve probably heard about the Trans-Pacific Partnership (TPP) agreement in the last few weeks in some form or another. Since the release of the final text for the TPP agreement, along with President Obama’s announcement on November 5, 2015, that he intended to sign it, the TPP agreement has been a fairly hot topic—across all industries—with some aspects being more controversial than others. While we’re still sorting through the full text, we wanted to provide […]
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Supply Chain Brief
Incorporating Taxes and Duties in Supply Chain Design
There are numerous ways to integrate tax and duties in supply chain design. Here are a few ways to consider both logistics and tax considerations in a holistic view for the best overall design decisions. The supply chain is core to how your business is run and its costs, profit and growth. With the increasing globalization of business, variable taxes and duties across trading borders have a huge impact on overall cost, supplier sourcing, manufacturing […]
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