Archive for Global Trade – Page 3

Bonded Warehouses Can Save Global Companies Money

If you import goods, bonded warehouses can save you money. When you exports goods to Europe, you usually have to pay a tariff on those goods. By storing goods in a bonded warehouse, you can delay payments of the duties until the goods are released from the warehouse. In other words, bonded warehouses improve a company’s cash flow. For example, consider an American company with a bonded warehouse in Rotterdam. The company ships goods to […]

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What’s New in Supply Chain Risk Management Software?

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 would define tasks that needed to be completed […]

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The Audiovox Global Supply Chain

Audiovox Corporation is a publicly-traded company (NASDAQ: VOXX) headquartered in Hauppauge, New York.  The company generated about $600 million in revenues in its last fiscal year. Audiovox started in the car radio business but its product portfolio has expanded over the years to include satellite radio, vehicle security, remote start and other mobile products. The company has made several significant acquisitions, including Thomson’s Americas consumer electronics accessories business (the RCA brand) in 2007. Audiovox’s supply […]

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Americans Not Turning Inward: Opinions on Global Trade & Cap-and-Trade

I generally leave the discussion of political issues that affect logistics to my colleague Adrian Gonzalez.  But one issue that I have been tracking is the “reset economy,” the idea that once we emerge from this recession, certain industries may not bounce all the way back.  In other words, they may not have the same growth and profitability they had before the recession.  One scenario that could negatively affect both the logistics industry and the […]

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