Together, we are managing a truly unprecedented situation. During this time, we are sharing an encouraging update from our CEO.

While China operations slowly come back online, the global supply chain risk is far from over. Organizations have been getting rocked with unforeseen supply chain disruptions from the coronavirus outbreak and supply chain vulnerabilities. The challenges of supply chain risk management amidst the viral outbreak are being exacerbated by globalization.

The new coronavirus is proving true that when local supply chains sneeze, global processes catch a cold. The severely contagious disease referred to as ‘COVID-19’ could have a lasting impact on global supply chains. And supply chains are not prepared.

Innovation, communication technology, and policy changes are some of the key driving factors behind today’s globalized business landscape. Free trade has fostered interdependence and interconnectedness of nations. While the business of trade becomes progressively more globalized, there is no facet of a business more affected by the shifting ecosystem than the supply chain.

Today, it’s no secret that some of the top tech giants are on a mission to achieve consumer dominance. This is obvious in many industries that have been previously disrupted like print, film, retail, academia, etc. which can be attributed to some of the top global tech companies. As major tech organizations set their eyes on the finance industry, they all share one underlying common denominator; indispensability.

International trade has taken place since the establishment of the earliest civilizations. To foster a healthy economy and market, the exchange of goods and services across borders is a necessary transaction to ensure an increasing standard of living, jobs, and marketplace variety.

In today’s digital business landscape, more and more departments are seeking more reliable, quicker, and smarter solutions as a means to an end to all of their internal operations that are cause for headache.