The Covid 19 pandemic has left the world economy in major turmoil and in turn, provided a big unexpected wake up call to many businesses. Working remotely very quickly became the only option and businesses that had not made the digital transformation transition soon were plunged into major uncertainty. On
Business
Six trends that are shaping the future of global trade
The COVID-19 pandemic has created massive shocks, both on the demand and supply side, to global trade. But trade serves a critical role in global economics, and as we move towards a new world order, new trade patterns may emerge. At a recent webinar titled “Riding the wave: The Future of
Robots, automation seen as solutions to social distancing hurdles in supply chain
Fifty-one percent of employees at companies that directly manage warehouses, distribution centers or fulfillment centers say the coronavirus pandemic has made their company more willing to invest in automation, according to a survey from Honeywell and KRC Research conducted between April 21 and May 7. The ability for companies to
How B2B sales have changed during COVID-19
New digital behaviors are becoming the next normal. The pivot: Accelerated migration to remote and digital Amid the COVID-19 pandemic, the way companies buy from and sell to each other now looks very different than it used to—perhaps permanently. To thrive in the next normal, B2B companies will need to
Stop Sabotaging Digital Transformation. Your Future Success May Depend On It!
Study shows internal actions, not technology inadequacies, stand in the way of manufacturing reaping digitalization rewards. Manufacturers have reached a bit of a breaking point. What has been the norm for many years is not going to work moving forward. Businesses need to find better ways to operate – capitalizing
Ecommerce in Europe: €717 billion in 2020
Ecommerce in Europe is expected to be worth 717 billion euros at the end of 2020. That would mean an increase of 12.7 percent compared to the situation last year. This growth is somewhat lower than the 14.2 percent increase of the European ecommerce in 2019. One might think that
After $9 Billion Credit Hit, Banks Seek Trade Finance Revamp
When Credit Agricole SA and HSBC Holdings Plc issued a payment guarantee for a $76.5 million fuel purchase from a Singapore trader in March, they unwittingly became the latest victims in a series of trade finance scandals that have led to more than $9 billion in potential losses for global lenders. At







