The inflation pressure in the US has been escalating heavily. In June 2022, the consumer price index (CPI) rose 9.1% from a year earlier, the highest mark in four decades. That’s why, on August 16, president Joe Biden signed the Inflation Reduction Act (IRA) as a possible measure to bring relief over the next few […]
How Will The Inflation Reduction Act Impact Supply Chain? Read More »
If you work with supply chain management, you must know the importance of analyzing data to keep your business ahead of your competitors. However, we know that every day the amount of information created by your processes grows, making data analysis a difficult task. On the bright side, technology is bringing many innovations to the
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Achieving a prominent position in the global trade market is not an easy thing to do. There are all sorts of competitors, from large global corporations to new tech players to be aware of. But any freight forwarder can act strategically by using U.S. import data to follow trends and find business opportunities. A data-driven
Everything you need to know about U.S. import data for freight forwarders Read More »
Competition in the ocean freight market has never been fiercer. This requires freight forwarding companies to be proactive with their sales strategy, instead of waiting for leads to knock on their doors. But how exactly can a freight forwarder find new customers? Marketing strategies are not the same as they were ten years ago, and
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The primary objective of any business is to grow, be it organically or through other methods, such as seeding or acquisitions. Overall, the competition in the supply chain is getting tighter which imposes a major challenge for a logistics company. Therefore, successful business leaders should keep track of their position within this “race” — and
Why Is Market Share Important For a Logistic Company? Read More »
Supply chain visibility is the tracking of a product from manufacture to final delivery. It is an improvement process for the supply chain, as it allows organizations to follow all stages of the product and avoid bottlenecks. In other words, supply chain visibility allows managers to identify points of improvement, reduce errors, and invest in
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Brazil is a land of opportunities for US exporters. The two countries have great international relations and many of the goods in need for the South Americans are amongst the top produced and delt by America. It goes way beyond final products such as final electronic devices (smartphones, home assistants, etc.), clothes, and tools. In
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The supply chain streams around the US ports have faced a major challenge ever since the start of the Covid-19 pandemic. Even with the government’s efforts and ease in the queues of key terminals, importers should still be wary of US port congestion challenges, given that the number of vessels stranded still goes up and
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Brazil is the largest market throughout Latin America and a strategic commercial partner for the US. According to the United Nations Comtrade database, the overall value from exporting goods to Brazil in 2021 was around U$46.88 billion, the ninth largest of all destinations. Even with its current economic instability, there are still many opportunities for
What are Brazil’s import requirements? Read More »
Anyone trying to sell products abroad finds a common barrier: how to find foreign buyers for your exports? Entering a new market is always a challenging task, but the Internet has made it easier. With access to the right set of data, it is easier to find companies abroad that might be interested in what
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