Almost all companies are grappling with the rapidly shifting dynamics of global trade, requiring them to rethink how they manage their supply chains, model different market scenarios, and even how they plan and develop their workforces. The following explores three main ways that operations, finance, and HR leaders, supported by the latest technologies, can help their companies navigate the increasing complexity and risks of global trade. Here is where to start.
Navigating Global Trade: 3 Insights for Leaders
Key Takeaways
⇨
Global trade disruptions demand businesses rethink their supply chain management, using modern ERP systems to maintain compliance and mitigate risks.
⇨
Scenario modeling enables companies to plan for unpredictable global conditions by simulating multiple trade and tariff scenarios using tools like Monte Carlo simulations.
⇨
Strategic workforce planning, supported by EPM and HCM tools, ensures companies have the right talent in place to execute operational changes driven by global trade shifts.
Join our 300k+ subscribers
Sign up to our newsletter to receive exclusive and actionable intelligence for the enterprise technology market
