Jeff McCorstin

Leveraging ERM to navigate emerging tariffs and supply chain risks With recent tariff hikes and geopolitical shifts, supply chain risks are more urgent than ever. 63% of businesses reported higher-than-expected supply chain losses despite increased risk management efforts in recent years. Leveraging ERM to navigate emerging tariffs and supply chain risks explores the distinct challenges of a stressed global market and shows how ERM can enhance efforts in identifying, escalating, and responding to emerging supply chain threats.   Key areas explored in the guide:   Supply chain risks affected by increased tariffs. Why engaging ERM to address supply chain risks is crucial. 8 proactive strategies for addressing emerging supply chain risks.   Ready to start engaging ERM to respond to emerging supply chain risks with agility and speed?   Download the free guide now

Global trade practitioners face waves of uncertainty with the possibilities of slews of international tariffs and work stoppages at ports on the U.S. East and Gulf coasts. There are other weighty challenges as well, including conflicts in Russia-Ukraine and the Middle East, increasingly dangerous storms, and seasonal capacity strains and congestion. Technology plays an increasingly important role in overcoming the many challenges in the global supply chain. “The evolution of supply chain technology has allowed the shipping industry to enhance its operational capabilities. Automation, real-time tracking, and improved throughput have helped manage the heavy volume growth experienced during the pandemic, but recent challenges have highlighted the need for even more robust strategies,” Karim Jumma, e2open’s vice president of product management, wrote in a contributed SupplyChainBrain article. Jumma cited geopolitical conflicts, extreme weather events, and logistical bottlenecks as examples of challenges that have tested the industry and “increased the need for innovative solutions that prioritize flexibility and data-driven decision-making to mitigate against ongoing disruptions.” Supply Chain Now is highlighting E2open, WCAworld, and DP World, three companies continually working on innovative solutions to global trade’s most pressing challenges. DP World Takes Collaborative Approach to Global Challenges DP World’s marketing material says the…