Reducing Global Trade or Increasing Supply Chain Security?
MIAMI, FL, March 27, 2019 /24-7PressRelease/ — It is all too easy to imagine that global trade is contracting and in fact, of course, it’s doing anything but contracting, as World Trade Organisation statistics make clear.
In 2019, es an example, global trade growth of four (4) percent is expected, well above the three (3) percent annual growth rate typical of the early years of the decade but if global trade remains in robust health, the same can’t be said for global supply chains.
Earthquakes, tsunamis, floods, volcanic eruptions, hurricanes, terrorism, organized crime – all repeatedly take their toll. Global warming or not, weather scientists say extreme weather events are becoming more common. Hurricane Harvey, for instance,the 2017 storm that devastated the Caribbean together with parts of the south-eastern United States, was followed just a year later by 2018’s Hurricane Florence, yet another so-called “storm of a lifetime.”
Man-made supply chain risk is just as prevalent. Strikes, wars, port and road congestion, civil unrest, piracy and piracy at sea: for importers and exporters alike, far-away events have an unhappy knack for leaving warehouse shelves unfilled and production lines stopped. The result: disappointed customers, frustrated suppliers and a hit to earnings.
What to do about these various risks? Once, the question didn’t arise. Adverse events simply had to be coped with, generally through such means as holding extra inventory or double-sourcing. Neither option is cost-free, of course. So too with “near-shoring” and localization, both of them conscious trade-offs between shorter (and therefore less risky) supply chains and the foregone economies of scale and access to low-cost labor markets.
Businesses today, though, have other options. Some of the world’s very largest companies have invested in dedicated supply chain risk “control towers,” providing them with end-to-end visibility of goods in transit. Car maker BMW, to choose another example, goes further and harnesses real-time data from a variety of publicly-available sources, super-imposing it on a global map of suppliers’ factories, ports and other supply chain-related infrastructure. Like a number of other manufacturers, it acknowledges that the 2011 Japanese earthquake and tsunami served as a wake-up call, highlighting a lack of visibility into its supply chains.
What of other businesses, though? Undeniably, most of the world’s importers and exporters are much smaller and would struggle to fund initiatives of this nature. Are they to be disenfranchised when it comes to risk reduction?
The good news: no – at least not for those businesses prepared to invest in buying-in supply chain risk reduction as a service, from one of a number of emerging specialist supply chain risk intelligence providers. Leveraging a variety of proprietary and publicly-available data sources and intelligence feeds, they provide unprecedented real-time visibility into businesses’ supply chains and the real-time risks that they face. Increasingly, too, such providers are adding artificial intelligence and machine learning to their armories, providing clients with forward-looking predictive abilities, as well.
The bottom line: global supply chains aren’t without risk, but the correct response is to take steps to mitigate that risk, rather than stepping back from global trade.
As a professional expert for the unarmed and armed escort of secure transportation services to individuals, businesses and government entities, i.b.s.® assists its clients on the road, train, at sea and in the air.
With our in-depth knowledge of supply chains and logistics, we are able not only to accompany transports throughout Europe but also on an over-seas level as the secure escort of international transports is one of i.b.s.® specialized armed and unarmed services.
As a trusted security service provider, i.b.s.® supports your success by securing e.g. critical shipments by road throughout Europe especially in the countries of Eastern Europe. With our professional armed or unarmed operator teams depending on your specific needs and the value of your transported goods, we have accompanied and secured transports of various high-valuable goods through countries as an example in Bosnia and Herzegovina, successfully from the first loading via borders and custom controls up to the final delivery of the goods to the receiving parties.
Due to our maritime security expertise of more than a decade, we are also able to escort and secure transports of heavy-bulk or containerized goods on international sea lanes and maritime hubs against acts of organized crime like piracy at sea, manipulation or theft of sensible cargo. Our protection services of assets and cargos ensures the safe delivery of the goods of your customer and is proven by a flawless track record since more than twelve years.
Especially in the field of military transports we are well versed in the secure escort of IMO 1 explosives and ammunition, arms and weapon systems, armored vehicles and military supplies or parts for armored vehicles. We offer integrated security services based on tailor made security concepts which enable our customers to focus on their core business, instead of spending much time and energy sorting out complicated security issues.
Our teams of unarmed and armed security specialists as well security consultant are comprised primarily of former military and law enforcement personnel with decades of experience in protection, investigations, logistics and tactical industries in specialized units. i.b.s.® customize its services based on the needs of each of our clients, and we look forward to designing your comprehensive protection strategy with your unique needs in mind.
In addition we would like to point out that we play the game strictly by the book: qualified security operators, official Governmental authorizations, permits and transit licenses, liability insurance and risks compensations- everything required to ensure a perfect and up to date compliance and safety.
i.b.s.® operates within the most stringent security guidelines of the industry and therefor making us the trustworthy service provider as currently one (1) of only six (6) armed maritime security service and escort provider world wide (!) certified by the German Federal Office for Economics and Export Control (BAFA) in Eschborn / Germany.
Our layer approach to transport security includes
Comprehensive background checks of our employees including governmental authority approvals
Hand picked strategic partners for assistance services e.g. logistic support
Compliance with international industry security programs for classified material
State-of-the-art-equipment for personal and team use, communications and information systems
Extensive and continuous security and awareness trainings for our employees (operators and office staff)
Develop Transport Security Concepts of Operations
Develop Transport Security Plan
Conduct Transport and Traffic Security Risk Assessments
Develop Transport Hub Security Operations Plan for Ports, Rail and Truck Stations, Airport, Roads, Sea Routes
Develop User Group Transport and Escorting Security Plan
just to mention a few examples of our comprehensive services.
i.b.s.® operation services includes e.g. constant surveillance services, dual-driver and additional-driver protective services, un-/armed protective services, security escort vehicle, satellite monitoring surveillance services just to point out a few of our comprehensive service portfolio.
Our high quality standards and our commitment to client services including a proofed track record ensures that our clients requirements for comprehensive transport and escort services for their goods and cargos is on the highest level possible anywhere in the world we are serving.
Source: i.b.s. and TME
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