For companies that import or manufacture products in China, now is the time to prepare for significant supply chain disruptions due to the upcoming Chinese New Year. The official public holiday runs from February 11–17, 2021, but production facilities across China will close for varying amounts of time starting January 31 through the beginning Read More
For many U.S. companies, the task of recovering from the economic shock of the pandemic is requiring new strategies and a commitment to finding new customers to replace lost business. Today, one of the best ways to locate strong business opportunities is by looking beyond our borders. In fact, according to the DHL Global Read More
The past year brought unprecedented challenges – and opportunities - for businesses engaged in global trade. While COVID-19 lockdowns interrupted supply chains, it also super-charged international e-commerce. Beyond the pandemic, 2020 was also marked by trade disputes between the U.S. and China, the implementation of the U.S.-Mexico-Canada Agreement (USMCA), and continuing tariffs imposed on Read More
Call it the perfect storm of opportunity for retailers around the world. Continuing globalization, a host of new digital shopping apps, and an enduring period of e-commerce growth all point to a record holiday season for online sales, including cross-border transactions. Add to the equation the fact that uncertainties surrounding the pandemic have moved more Read More
Since March 2020, the COVID-19 pandemic has impacted American small and medium-sized enterprises (SMEs) in varying ways — some companies have seen sales slumps and employee layoffs while others benefitted greatly from increased online shopping. Now as the holiday shopping season approaches, uncertainty about the long-term economic repercussions of the COVID-19 pandemic remains. Many SMEs Read More
There is no doubt that engaged and committed employees are essential to your company’s success. Most business leaders today understand a culture of motivation and participation leads to improved customer loyalty, increased profitability, and better overall results. According Gallup data, highly engaged business units are able to achieve a 17% increase in profits and a 41% Read More
Your business's ability to reach new audiences and markets - and to deliver high-quality service to those it already serves - depends on the strength and resilience of your supply chain. A flexible supply chain that gives you options is clearly preferable to one that doesn't adapt and is prone to bottlenecks. But what does Read More
There are several factors currently impacting small and medium-sized enterprises (SMEs) in the U.S. The biggest, of course, is the coronavirus (COVID-19), which has forced many businesses into survival mode.In addition to the current economic issues caused by the pandemic, there are other significant events in 2020, such as the U.S. presidential election and the Read More
The past year has been challenging for many businesses around the world impacted by the global trading system. However, a new report from DHL reveals that globalization is holding up under pressure; a trend that is anticipated to continue in 2020. The DHL Global Connectedness Index reported that shrinking international capital flows caused global Read More
The next Chinese New Year, falling on Saturday, January 25, is an auspicious occasion but also an event that promises to slow your company’s production and create supply-chain disruptions before, during, and after the holiday. Ushering in the Year of the Rat, factories in mainland China and Hong Kong typically shut down for approximately three Read More
