Build an intelligent supply chain by putting big data to work
Supply chains are becoming increasingly integrated and more intelligent. Collaboration, knowledge sharing and learning are at the center of intelligent supply chain management.
Search Results for: global trade trends
How Canadian and Ontario SMEs can get the help they need to grow internationally
Many Canadian businesses, both large and small, face difficulties when it comes to growing their business by tapping into new international markets. There are several major areas your business will need to address to become “trade ready” and ensure you are well positioned for global success.
Are you falling behind as technology transforms supply chain recruitment?
In today’s constantly evolving world, technology is coming at us so quickly, rapidly changing and advancing; how can anyone in supply chain management or supply chain recruitment keep up?
U.S.’ signing of the TPA forces administration to tiptoe around anti-Israel amendments
In late June, U.S. President Barack Obama signed the Trade Promotion Authority into law, ostensibly to give himself more leeway in negotiating international trade deals. The U.S.’ signing of the TPA has caused more than a ripple in U.S. ally Israel.
Gather strong competitive intelligence to maximize your profitability in international markets
Competitive intelligence keeps a company informed about critical issues that might influence its profitability and ability to compete in the marketplace. It also enables decision makers to make more effective planning decisions.
4 strategies to overcome the grey areas in your compliance program and avoid corruption
Compliance programs avoid corruption by helping companies on the right side of the law. But this needs to be balanced with an understanding that no policy can ever contemplate every possible risk. They need to proscribe behavior that is not permitted, while recognizing that few decisions fall on one side or the other of a bright line.
Ignoring international business competition is no longer an option for SMEs
In the past, smaller firms tended to focus on local and domestic markets. Moreover, when protectionism was rampant, smaller firms tended to be insulated from international markets. Distances, unique cultural characteristics, politics, tariffs and regulations all combined to protect them from international business competition.
7 important tips for the success of every foreign market research project
More often than not though, small and medium-sized enterprises don’t have extra funding to spend on costly foreign market research, which significantly limits their expansion opportunities and makes growth more risky.
Andrea Eriksson, CITP|FIBP – Business Analyst
Andrea Eriksson, CITP®|FIBP®, is a Business Analyst with the Industry Development team at Enterprise Edmonton, a division of the Edmonton Economic Development Corporation.
Five challenges you’ll need to overcome to succeed in international business
International trade requires you to operate outside your comfort zone, but that’s where the magic really happens in terms of flourishing, shining and achieving your goals.