Resilience – 5 strategies for strong, resilient supply chains
Geopolitical tensions, new legislation, cyberattacks or natural disasters – global supply chains are constantly exposed to new challenges and risks. A company’s ability to respond effectively to unforeseen events often determines its long-term success. Since the Covid-19-pandemic at the latest, it has become clear that within a supply chain context, resilience is not a luxury, but a necessity for any forward-looking company. In this article, we present five strategies that can be applied to increase the resilience of supply chains.
Digital twin technology within the supply chain – simulation and optimization in real time
Advancing digitization has profoundly changed the logistics industry by opening up new opportunities for greater transparency and efficiency: Modern technologies enable seamless networking and data integration along the entire supply chain. This allows companies to optimize their operational processes and react quickly to dynamic market conditions. As a virtual representation of physical supply chain processes, the AI-based digital twin is also playing an increasingly important role in the management of complex supply chains. We discuss how a digital twin works, what advantages the approach offers and how it can be implemented in practice.
Risk Management along the Supply Chain: Focus on Digitization and Collaboration
Digitization plays a key role in making supply chains more secure: This view is held by more than two thirds of a total of 150 logistics managers at German companies that have been surveyed for the 20th Hermes Barometer "Risk Management along the Supply Chain". After all, the use of advanced technologies supports data collection and analysis – and therefore plays a key role in risk analysis and management.
Freight Forwarding: Sustainable practices in cross-border logistics
As the volume of global trade increases, so does the environmental impact associated with the transportation of goods over long distances. Sustainable practices in cross-border logistics are therefore becoming increasingly important in Freight Forwarding: they are not only crucial for reducing CO2 emissions, but also for ensuring a sustainable global supply chain in the long term. In our blog article, we present various ways in which companies can act more sustainably in the international movement of goods.
Purchasing: Blockchain Technology for transparent procurement processes
The use of blockchain technology in procurement is transforming the way companies handle transactions, orders and the verification of product authenticity. Thanks to its decentralized network, which ensures transparency and security, blockchain technology makes a decisive contribution to optimizing procurement processes. In our blog article, we look at the many possible applications of this advanced technology and discuss how it can increase the efficiency and reliability of supply chains.
News and background information on supply chain management, international logistics and global sourcing.
A service provided by Hermes International.
E-Commerce in Europe
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Business Guide
The Business Guide provides you with the „tools of the trade“ and offers you checklists and practical guidelines for your successful entry into the European e-commerce market.
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Advancing digitization has profoundly changed the logistics industry by opening up new opportunities for greater transparency and efficiency: Modern …
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As the volume of global trade increases, so does the environmental impact associated with the transportation of goods over …
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The use of blockchain technology in procurement is transforming the way companies handle transactions, orders and the verification of …
Insights
Whether it’s a trade fair report, an expert interview or the identification of new trends – in our “Insights” category we take a look behind the scenes.
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Global goods movements reflect the complexity and dynamics of contemporary trade. However, the resulting fluctuating market prices also pose …
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Studies & Paper
In this category we prepare relevant studies and whitepapers on the topics of cross-border e-commerce, payment and mobile shopping for you.
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Digitization plays a key role in making supply chains more secure: This view is held by more than two …
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New legal regulations, geopolitical tensions, digitalization – companies with global supply chains are exposed to multifactorial events. In order …
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In the wake of technological change and global challenges, many companies need to rethink production processes and realign their …
Glossary
The most important terms from the world of global e-commerce – explained briefly.