In early 2016, analysts predicted positive trends and a big trade uptick. Instead, global trade volumes fluctuated and consumer spending diminished, worldwide protectionism and de-globalization became evident and supply chain risks were enhanced, which left importers and exporters scrambling to stay on course.
As we move into 2017, global trade management executives need to brace against disrupters that have the potential to send supply chains into a tailspin. The industry must address the same imperatives — speed, quality, cost, risk and agility — yet doing it alone isn’t an option. The key is investing in technology and making process changes in advance.