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July 08, 2024

Is Nearshoring to Mexico the Right Fit for Your Organization?

For decades, China has represented the pinnacle of global trade. As companies around the world began offshoring manufacturing to China to cut costs, the country emerged as an international export leader. However, recent trade patterns signal a changing tide in global supply chain dynamics. In 2023, Mexico became the US’s top trader, outpacing China for the first time in 20 years. The shift reflects an emerging trend called nearshoring, where companies bring production hubs closer to their main markets. Doing so helps cut supply chain costs, reduce logistical hurdles, and swiftly respond to changing market conditions and consumer demand. During the first three quarters of 2023, foreign companies invested 47 percent more in nearshoring efforts in Mexico, mostly focused on the auto sector.

November 19, 2020

The Power of a Business Network for Pharma and Life Science Companies

For several years, pharmaceuticals and life science companies have enjoyed strong sales and profits based on quality products.

November 19, 2020

3 Keys to Achieve an Agile, Digitally-Enabled Supply Chain

Businesses are like naval ships battling the rough winds and waters of a hurricane. In an area of uncertainty, the forces of change blow from every direction. Trade wars, pandemics, extreme weather and other unexpected risks have unbuttoned old business models, and businesses must be ready to protect against volatility in demand and supply.

November 18, 2020

Leveraging S&OP Hierarchy Modeling to Adjust Complex Plans

“If you fail to plan, you are planning to fail!” is a frequently quoted word of caution from Benjamin Franklin, one of the founding fathers of the United States. Sales and operations planning (S&OP) certainly falls into the category of essential planning, something a competitive supply chain organization can’t do without.

October 12, 2020

Get Your Channel Incentives Technology Right

There is one advantage to having poor channel incentives technology: You can always blame it on the tools!

October 9, 2020

Managing the Unexpected: A Lesson in Predictive ETAs

Do you remember taking long road trips as a kid and repeatedly asking, “Are we there yet?” During long transport journeys, Logistic Service Providers (LSPs) often get asked a similar question by their customers – “Is my stuff there yet?”

September 24, 2020

What Could Make Your Channel Partner Incentives More Successful?

Believe it or not, most incentive programs are completely unsuccessful.

September 18, 2020

Four Reasons to Leverage Contra-Revenue Marketing Programs in Your Channel Strategy

Some aspects of channel marketing programs are intuitive, while others require more thought or even intensive study. One of the less-intuitive channel marketing concepts is contra revenue, which actually means “against revenue.”

September 17, 2020

Keep Your Trade Compliance Screening Well-Tuned

The Due Diligence Screening application automatically screens individual or large volumes of partner records against over 680 restricted party lists (including OFAC's SDN List), 180 countries and roughly 98% of world trade, identifying individual transactions with potential sanctions risk for your review.

September 16, 2020

Control Tower Capabilities Re-Imagined

The recent disruptions around the globe have exposed the importance of end-to-end visibility and control to build the resiliency required to manage these major disruptions in the market. Today, more than ever, companies require control tower capabilities driven by real-time data and artificial intelligence (AI) that cut across departmental silos and go beyond basic visibility.

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