In today’s ever-changing business environment, companies are confronted with numerous challenges. Traditional advantages such as economies of scale are increasingly undermined by supply chain disruptions or dynamic network effects, threatening secure market positions.

No supply chain is 100% crisis-proof. This is demonstrated by the consequences of the conflict between Russia and Ukraine. In February 2022, the political situation between the two countries had escalated to such an extent that Russia invaded Ukraine militarily. This is currently causing not only terrible humanitarian problems, but also economic consequences that are being felt in Europe and the United States, among other places. More and more global supply chains are in danger of collapsing, both because of the military-related loss of Ukrainian business partners and because of international sanctions against Russia and Russian companies.

Networking is playing an increasingly important role in world trade. To stay on top of these dynamic developments and identify opportunities, it is important to monitor import, export and shipping trends. You can gain knowledge from a variety of sources, but trade data analysis is the key tool to make the right decisions.

Unexpected challenges can hit global trade at any time. This was proven once again by the “Ever Given” accident. Since Tuesday night, the container ship has been blocking the Suez Canal and thus one of the world's most important trade routes. Already strained supply chains are further strained, while an end to the blockade is not in sight.

With the rise of the New Economy, global economy moved away its focus from sheer mass production to service-oriented trade. Especially intermediaries pushed into the markets to buy and sell without adding value. With “Go Direct” ABRAMS world trade wiki offers the tool to clear your supply chain from unnecessary middlemen.

The focus of every company should always be on retaining existing customers and winning new customers, because this ensures sustainable company growth. Thanks to new technologies such as high-performance databases and globally available data, new customers can now be identified by analyzing trade data. With the help of appropriate tools, customers are much easier to find than many company managers think.

At the CiMi.CON, Europe's leading conference for the corporate intelligence community, the ABRAMS Group won first place in the coveted "Insights to Action" award with its business intelligence online based knowledge portal ABRAMS.wiki.
