Trends Transforming Trade

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GTPA and ICC Academy collaborate on global trade training programmes

GTPA and ICC Academy collaborate on global trade training programmes

28.09.2020 Lisa McAuley

Change in business and government is no longer an identifiable event, but rather a constantly and rapidly evolving state.

The future is uncertain, and problems often transcend the boundaries of single organisations and nations.

Businesses operate in an increasingly complex and unpredictable environment in which change occurs at an unprecedented speed and magnitude. It is important that business leaders have access to the right technical trade knowledge and competencies to enable them to take their place in this ever-evolving environment.

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ICC Academy global trade certificate programmes are now ISO/IEC 17024 certified!

ICC Academy global trade certificate programmes are now ISO/IEC 17024 certified!

28.09.2020 Lisa McAuley

Singapore. 22 September: The International Chamber of Commerce (ICC) Academy is delighted to announce its collaboration with Global Trade Programme Alliance (GTPA), to offer businesses and trade professionals with ISO/IEC 17024 certified training programmes. As per the alliance, anyone who takes the ICC Academy’s trade finance, international business and regulation & compliance certificate programmes, will attain the relevant competency standards for ISO/IEC 17024 certification, under GTPA’s Global Trade Professional (GTP) programme.

Speaking on the collaboration, ICC Academy General Manager Daniel Kok said, “In an ever-evolving global trade environment, business leaders and trade professionals need to have better access to cutting-edge training, so as they develop competencies to cope with the ‘new normal’. As the educational arm of the International Chamber of Commerce (ICC), we have been offering a wide range of specialized online training and blended learning to trade professionals worldwide.

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Collaborating on supporting SMEs

Collaborating on supporting SMEs

24.09.2020 Lisa McAuley

Improving women’s and SMEs access to global markets will be critical to economic recovery and growth in the post-COVID-19 period and beyond.

This survey will help to build resilience through a better understanding of the current needs of business, ensuring that government pandemic support initiatives are appropriate and sufficient to meet these needs. The survey will further help to ensure alignment of future government policies and programs with business needs.

The survey will contribute to a larger goal of the GTPA, which is working with a global coalition of partners established by Bloomberg New Economy, to identify actionable solutions for “Building Business Resilience in Global Value Chains 2020-21”, covering MNCs and SMEs participating in GVCs.

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Festival of Inclusive Trade

Festival of Inclusive Trade

24.09.2020 Lisa McAuley

Inclusive trade refers to the principle that all levels of society should gain from increased trade. It promotes the inclusion of groups that may currently be marginalised or challenged in their ability to engage with international trading opportunities.

The GTPA is planning to develop an Inclusive Trade White Paper that will produce practical recommendations on how capacity building and standard setting can facilitate a more inclusive international trading ecosystem. The paper will focus on four groups – gender, youth, diaspora and indigenous communities – and the importance of standards and capacity building to support their engagement in international trading opportunities. It will produce recommendations to benefit organisations, institutions and individual professionals engaged in international trade.

To facilitate the development of this white paper, the GTPA is seeking to engage with as many representatives of the highlighted groups as possible.

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Business Health Check webinar “eCommerce Risk Management”

Business Health Check webinar “eCommerce Risk Management”

23.09.2020 Collins Rex

You can download the latest eCommerce session video recording here. In this session you can join Ms Collins Rex who discussed:

  • Knowing the law 
  • Getting your price right 
  • Getting paid 
  • Your returns policy 
  • Understanding the tax implications 
  • Cybersecurity and data protection 
  • Protecting your IP
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More inclusive trade will be a vital component of a post-COVID economy and we want to hear from you

More inclusive trade will be a vital component of a post-COVID economy and we want to hear from you

18.09.2020 Lisa McAuley

The international trading system pre-Covid-19 pandemic did not provide full opportunities for all strata of society to benefit from international trade.

Beyond its human tragedy, the economic impacts of the pandemic, with national lockdowns shutting key elements of economic activity and global supply chains, have led to the most drastic slowdown in economic activity since the Great Depression.

Crises of this magnitude offer an opportunity for reflection as reconstruction and recovery begins.

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Big business getting all the government bandwidth?

Big business getting all the government bandwidth?

18.09.2020 Lisa McAuley

Today, more than two-thirds of world trade occurs through global value chains (GVCs).

With the world economy facing multiple disruptions, including slow economic growth, natural disasters, and more recently the COVID-19 pandemic, GVCs – and supply chains more broadly – are transforming more rapidly than ever.

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Is COVID-19 slamming your business?

Is COVID-19 slamming your business?

18.09.2020 Lisa McAuley

According to a recent study, 94% of companies are seeing supply chain disruptions from COVID-19 and 75% have felt negative or strongly negative impacts on their business and 55% of companies plan to or have already downgraded their growth outlooks as a result.

Resilience and redundancy must be rebuilt into global supply chains.

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eCommerce Risk Management

eCommerce Risk Management

16.09.2020 Collins Rex

eCommerce has saved many a business in these COVID-restricted times, but selling online is far from risk free. Just as in any business, you need to understand the risks of selling online so that you can mitigate them.

Join our expert, Collins Rex, next week for “eCommerce Risk Management”, the next in the GTPA’s Business Health Check webinar series.

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eCommerce Customer Engagement Strategies

eCommerce Customer Engagement Strategies

16.09.2020 Collins Rex

In this session we discussed:

  • Customer engagement strategies 
  • Localising your website 
  • Translating your assets
  •  Fit-for-purpose marketing 
  • Developing an effective digital media strategy
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Double Bullwhip Effect Impacted Trade in the First Half of 2020

Double Bullwhip Effect Impacted Trade in the First Half of 2020

14.09.2020 Robert Handfield

Evolutionary design requires individuals to constantly look for emerging patterns in how material moves through their supply chains. Force or action must be taken to change the path of supply chain flows, to compress the amount of time that inventory remains in the system or impacts how cash is consumed over time. Pioneers of lean supply chains sought to develop nearby suppliers, especially in automotive and electronics sectors. Over time, however, the appeal of low-cost production in Asia lured many Western manufacturers to seek production overseas. These extended supply chains are the equivalent of systems with low compression. In other words, they are extended, with long lead times, opaque visibility and tracking systems, and lots of inventory spread out through the transportation and logistics system.

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Can digital trade agreements spur the next round of growth?

Can digital trade agreements spur the next round of growth?

10.09.2020 Peterson Institute for International Economics

Amid lockdowns and other containment measures, digital technologies have kept trade flowing. The COVID-19 pandemic has accelerated the adoption and use of these new technologies, but digital protectionism risks fragmenting markets and limited the benefits of electronic commerce. To promote greater trade cooperation in this area, Singapore has started leading the negotiation of digital trade agreements.

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GTR Commodities 2020

GTR Commodities 2020

10.09.2020 Global Trade Review

Global Trade Review (GTR) is delighted to confirm that in line with current restrictions and concerns over the holding of physical events, GTR Commodities 2020 will be taking place virtually on September 15-16.

This exciting new initiative will combine a mixture of live-streamed and pre-recorded content and unrivalled networking via GTR’s dedicated virtual event platform, providing a comprehensive overview of the global commodities sector – from oil and gas, to metals, mining and agribusiness – as well as key financing trends.

Please join us in transitioning to this exciting new model, offering participants to benefit from critical market insights and idea-sharing, along with plentiful opportunities to network and connect to the wider community at a time of great uncertainty.

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GTR East Africa 2020 Virtual

GTR East Africa 2020 Virtual

07.09.2020 Global Trade Review

WHAT IS THE EVENT ABOUT?

BUILDING ECONOMIC RESILIANCE WITH TRADE

Global Trade Review (GTR) is delighted to announce that in line with current restrictions and concerns over travel and the holding of physical gatherings, GTR East Africa 2020 will take place virtually on October 1-2.

Once again welcoming support from a host of leading trade finance players alongside key supranational and industry bodies, this exciting event will utilise GTR’s bespoke virtual platform to deliver a comprehensive range of live-streamed and pre-recorded content and unrivalled networking opportunities, focusing on key trade sectors from commodities and agribusiness, to the development of local value-add industry and achieving digital innovation.

As we continue over a decade of market-leading gatherings, don’t miss your chance to participate in this beginning of an exciting new era for GTR East Africa; promising the high quality content and networking you have come to expect, delivered via specialist virtual technology platform for an optimal attendee experience.

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Has COVID-19 slammed your business?

Has COVID-19 slammed your business?

04.09.2020 Lisa McAuley

Supply chains are seeing rapid transformation. Driven by disruptions such as COVID-19. In the face of this transformation, we need your help so that you can be supported in building resilient supply chains. Whether you work in a large corporation or a small to medium-sized business or are a sole trader. Your views are important to help us understand how your business has been impacted by the COVID-19 crisis. 

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RESILIENT TEAMS FOR TRADE

RESILIENT TEAMS FOR TRADE

04.09.2020 Institute for International Trade

Over the past four months COVID-19 has exacerbated existing trade and geopolitical tensions, fuelled scepticism about the benefits of globalisation and seen already high-levels of economic uncertainty rise.

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Logistics Calculations - online training

Logistics Calculations - online training

04.09.2020 Joseph Meli

This online training course provides an in-depth overview of logistics calculations commonly used in the Transport and Logistics supply chain.

Designed by My Freight Career (RTO 90489) this training course has been developed for anyone, including students and employees needing a practical understanding of common weights, measurements and calculations used in Transport, Logistics and freight.

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Crisis recovery strategies

Crisis recovery strategies

04.09.2020 Lisa McAuley

As part of this online event we covered the following topics:

  • What constitutes a crisis?
  • Managing your way out of a crisis or disaster
  • Planning and managing supply chains in a crisis
  • Seeking opportunities in crisis recovery
  • Planning for a future crisis

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    Understanding and defining eCommerce markets

    Understanding and defining eCommerce markets

    04.09.2020 Collins Rex

    eCommerce markets – making a calculated choice. In order to select the best markets for your products/services, you need to do your homework.

    In this session we focused on:

    • Country comparisons
    • eCommerce penetration
    • Ease of doing business
    • Finding your fit
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    First dumping, now Australian wine exporters face a countervailing duty investigation by the Chinese Government

    First dumping, now Australian wine exporters face a countervailing duty investigation by the Chinese Government

    03.09.2020 Russell Weise

    Following on from the recently announced dumping duty investigation into Australian wine, the Chinese Government hit the industry with a countervailing duty investigation on 31 August. Below we briefly set out the claims that will be investigated by the Chinese government, the difference between a dumping and countervailing investigation and what further actions needs to be taken by Australian wine exporters.

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    GTR Asia 2020 Virtual

    GTR Asia 2020 Virtual

    31.08.2020 Global Trade Review

    Global Trade Review is delighted to announce that GTR Asia 2020, the world’s largest trade finance gathering, will this year be taking place virtually over 4 days, on September 8-11.

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    Risk management

    Risk management

    21.08.2020 Collins Rex

    Selling online – just as any business operation – comes with risks. The more you know, the more you can mitigate these risks.

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    Fulfilment and Logistics

    Fulfilment and Logistics

    21.08.2020 Collins Rex

    To simplify global logistics, you need to have both a reliable supply-chain and, if you manufacture your own products, a sound manufacturing strategy.

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    Effective customer engagement strategies

    Effective customer engagement strategies

    21.08.2020 Collins Rex

    To paraphrase that Illinois newspaper editor who way back in 1870 wrote something like: “Doing business without advertising is like winking in the dark.You know you’re doing it, but no one else does.”


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    GTPA will present a series of eCommerce webinars helping you build and grow a successful business

    GTPA will present a series of eCommerce webinars helping you build and grow a successful business

    21.08.2020 Collins Rex

    In 2019, retail eCommerce sales worldwide amounted to US$3.53 trillion (Statista) and these revenues are projected to grow to US$6.54 trillion US dollars in 2022.

    Selling online through eCommerce gives access to a world of new customers without many of the challenges, risks and expenses of establishing a physical presence in a new market.And for many businesses, eCommerce has presented a lifeline during the COVID-19 pandemic, with bricks and mortar operations facing enormous challenges.

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