Blog
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.
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.
How Trade Data Can Save Companies in Times of Crisis
The past year has shown what unexpected challenges can suddenly strike the global economy and entrepreneurs. In the beginning crisis management was the main reaction. Although many companies were able to keep up their supply chains, their revenue suffered major losses. At this point strategic knowledge through trade data and innovative business intelligence offer a way out of this crises.
