Blog
Demo event at International Trade Club of Chicago
On November 3rd, 2022, our COO Nur Hayat Nezir held a very special presentation for members and friends of the International Trade Club of Chicago. The event took place at Polsinelli in Chicago, IL, and the main focus was on presenting ABRAMS world trade wiki’ tools and the opportunities that arise from using them.
Russia-Ukraine Conflict – Effects on Global Supply Chains
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.
Choke Point Risks - Supply Chains under Pressure
Continually, globalization has increased dependencies in world trade. Bottlenecked trade routes in particular are critical for maintaining global supply chains. The recently congested trade routes therefore require an effective risk management. With customs and lately also maritime port data, ABRAMS world trade wiki enables supply chain resilience even under pressure.
How do you Keep Track of Export and Import Trends in World Trade?
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.
Evergreen Grounded – Is Your Supply Chain Disaster-proof?
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.
Direct Selling – Optimize your Supply Chain
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.
Sustainability Measurement – Economic Factor of the Future
Sustainability (in an ecologic sense) and economy are widely regarded contradictive. However, global trends show that sustainability is becoming more and more crucial to world trade. ABRAMS world trade wiki offers the chance for companies to introduce sustainability measurement or optimize existing measures for sustainability. Take action today to make your company part of a sustainable future.
Digital Transformation and innovative approaches for Multi-Tier Supply Chain Management.
Many parts of the globe continue to witness unprecedented social and political unrest, natural catastrophes and force majeur like the Covid-19 pandemic. Thus, Supply Chain risk management has become a more critical process for firms to safeguard their long-term success.
Managing the Impact of Global Crises on Your Supply Chain
WHO statement of a pandemic and its legal implications
Update: March 12, 2020
As of 11 March 2020, the World Health Organisation (WHO) has declared the outbreak of a pandemic. In the interactive web based dashboard of the Johns Hopkins University one can see this global spread. With the status of pandemic, companies can get much stronger rights under relevant clauses in contracts between companies.
