Blog
Supply Chains – The Backbone of Reliable Goods Flow
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.
Hannover Messe 2024 – Review by ABRAMS group
For ABRAMS world trade wiki and ABRAMS Industries®, the HM 2024 fair provides an ideal opportunity each year to connect with exactly the right audience. The primary focus of both companies is to ensure that our customers benefit from our products, which are designed to make their lives easier and reduce their workload. This event gives us the space to present our products in person to visitors, allowing them to immediately appreciate the quality we offer.
The Panama Canal Crisis: A $900,000 Extra Fee and Mega Traffic Jams
A severe water shortage in Panama is affecting the capacity of the Panama Canal and causing growing concern in global trade. The low volume of water from rivers has led to massive congestion at both canal entrances, with the number of waiting ships increasing daily.
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.
