Inside World Trade

The editor in chief's monthly column highlighting the current issue's content.

ARTICLES

Using Our Competitive Nature in World Trade: Part 2

By Perry A. Trunick
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A senior manager of supply management responded to a comment in my May column “Competitive Nature.” He raised some points that actually amplify the discussion and are worth adding to the discourse.


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Consequences of Success

By Perry A. Trunick
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True learning, it is said, means not repeating your mistakes. That doesn’t mean not making new ones.


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Using Our Competitive Nature in World Trade

By Perry A. Trunick
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The driver of a Toyota Prius at the fuel pump across from me looked at my smart car and asked about my fuel consumption. I quoted the city and highway miles per gallon. The Prius owner responded, “I still win.”


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Going for Gold- the free flow of people, goods, and capital make strong competitors and strong partners

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 If Olympic athletes can compete and still maintain a spirit of camaraderie their governments back home can learn the free flow of people, goods, and capital make strong competitors and strong partners. 


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Spending Political Capital

By Perry A. Trunick
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With the Obama Administration still feeling the sting of a rocky start for its healthcare initiative, does it have the political capital in the U.S. Congress to keep the Trans-Pacific Partnership (TPP) moving?


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Finding Your Place

By Perry A. Trunick
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I’m fond of a long passage from Adam Smith, penned in the 1770s, that describes what we now refer to as supply chain management. His quote begins with the end product, a woolen coat, but quickly shifts to the manufacturing and sourcing of the components and then to the logistics of delivering those elements to the point where the garment was created.


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Nobel Prize for Logistics

By Perry A. Trunick
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Judging by the apparent surprise many of the Nobel Prize recipients express at being selected for the honor, they had no expectation of receiving that call from Stockholm. This year’s award for medicine may be as close as the logistics and supply chain communities come to such a prestigious acknowledgement.


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Visibility and Vulnerability

By Perry A. Trunick
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Poor or limited supply chain visibility is a risk that increases the vulnerability of any supply chain.
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Inside World Trade

Make Good Choices

By Perry A. Trunick
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The economic downturn, mergers, acquisitions and consolidation are all changing the landscape of logistics providers, requiring shippers to stay on top of who’s who.


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Inside World Trade

Squeezing Balloons

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In the 17th century Sir Isaac Newton told us “to every action there is always an equal and opposite reaction,” but he didn’t warn us about the rule of unintended consequences.


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Multimedia

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KC SmartPort Momentum

Kansas City SmartPort Momentum 2013 focused on 3PLs, the issues facing the industry, and the role or logistics in economic development

Podcasts

 

Calculating a true landed cost for global sourcing directly correlates with the profitability of purchased goods. However, few companies can command real-time visibility in to all the costs involved for cross border movements. In this podcast, World Trade 100 and Amber Road highlight how a comprehensive global trade platform that converges both logistics and compliance costs can deliver true landed cost visibility.

 

Speaker: Hung Lee, Senior Product Manager, Amber Road

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World Trade 100 Magazine

wt august 2014

2014 August

Check out the August 2014 edition of World Trade WT100, featuring our cover story on Preparing the Supply Chain for the Unexpected, plus much more!
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World-Class Warehousing and Material Handling, 1st Edition

Filled with proven operational solutions, it will guide managers as they develop a warehouse master plan, one designed to minimize the effects of supply chain inefficiencies as it improves logistics accuracy and inventory management - and reduces overall warehousing expense.

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