Economic and political uncertainty are the new status quo for today’s global supply chains.
Leading companies are blazing a path through this volatility, finding new ways to keep costs low and customers happy.
Aberdeen surveyed 126 companies about their global trade management practices to identify what distinguishes these Best-in-Class companies from their peers. They’ve found that:
- Sixty percent of Best-in-Class supply chains are using end-to-end processes for global trade management
- Best-in-Class supply chains are more likely to have visibility and collaboration across their networks, including with international partners
- Critical calculations, like costs of tariffs, duties and taxes, are possible at 80 percent of Best-in-Class companies, compared to 50 percent of lower performing organizations
Check out the full report to learn what’s table stakes and what you can do to succeed in today’s volatile trade environment.