EXIMA Association

As climate change worsens, many natural disasters and destructive weather events are likely to occur at higher rates. According to many climate change models, Atlantic Ocean hurricanes may increase in frequency and intensity. This threatens lives and it also threatens businesses, both in the Caribbean and elsewhere. Supply chain problems Small- and medium-sized enterprises, or SMEs, have long focussed on the sustainability, stability, and efficiency of their supply chains. The general public has become more aware of supply chains since the Covid-19 pandemic began...

Digital technologies provide massive opportunities to facilitate a supply chain revolution. Supply chains can be complex and large-scale, often comprising different interaction organizations using different information systems. This can result in the lack of instant traceable data across the supply chain, making operations inefficient and vulnerable to disruptions and challenges. If this information is visible, planning for and responding to problems like driver shortages, supplier delays, and unstable market demand becomes easier...

As SMEs mature, they need to reach their customers faster while continuing to grow their client base. One sure way for online businesses to do this is to tap into the experience and networks of traditional retailers. The need for speed The modern consumer has come to expect instant responses and speedy delivery. While online businesses can handle online interactions, delivery, on the other hand, is a different kind of beast. Many online businesses rely on the marketplaces they sell on, but this can be limiting when they don’t cover certain places...

Nonautonomous Central Bank The general elections will be held in 2023 in Turkiye, and the pre-election popular economic policies are installed in Turkiye. The government is looking for more financial resources to implement expansionary fiscal policies. Considering that the low predictability in the Turkish economy, the foreigner investors are hesitant about increasing their investments in the country while high interest rates are asked from Turkiye for getting loans in the international fund markets...

Smart technologies are increasingly infiltrating our daily lives, they automate tasks and offer new functionalities. This infiltration has accelerated in recent years and looks set to increase even further in the near future. Innovation and development in devices, sensors, and cloud-based technology is helping to drive the smart revolution, which is impacting all sectors, including warehouse management. Here, we look at the current top three smart warehouse technologies companies should be implementing in order to gain the greatest benefit...

SMEs (Small and Medium Enterprises) play a critical role in economies in most developing countries. They account for most businesses worldwide and are critical contributors to global economic development and job creation. However, accessing finance is one of the biggest hindrances to SME growth in developing countries and emerging markets. Many SMEs are unable to acquire bank loans. As a result, they rely on cash from family, friends, or internal funds to start and run their businesses. The World Bank Group ensures that SMEs can easily access finance...

With an objective to facilitate the dual citizenship process for numerous high-net-worth individuals from around the globe, the UAE recently organized the International Residency and Citizenship Expo in Abu Dhabi. The event saw experienced finance, tax, and immigration professionals, government entities, consultants, official agencies, legal entities, property developers, and several others converge together at one place to offer professional guidance and consultancy for those looking to buy second citizenship in return for investing in properties and bonds and donating abroad...

The California Air Resources Board, or CARB, announced this past summer that it has secured $125 million for discounts on zero-emissions equipment. The funds come from the Clean Off-Road Equipment Voucher Incentive Project, or CORE, and they’re for point-of-sale discounts on purchases of zero-emissions equipment and vehicles. While they may be vital tools in reducing the shipping industry’s considerable carbon footprint, these vehicles and equipment have comparatively high upfront costs. These discounts can help...

There’s been no shortage of news pieces about inflation lately. We read a lot about how inflation is affecting consumers. But how is it affecting small- and medium-sized enterprises (SMEs) who rely on warehousing? There are many factors that affect inflation. To oversimplify the situation slightly, in 2020, several governments provided Covid-19 payments to citizens and kept interest rates very low in the hopes that people would keep spending money while they were stuck at home, even if they had less or no work...

The bilateral trade relations between the UAE and China have withstood the test of time. Despite the Covid-induced economic slump and negative headwinds across the globe, both nations have been able to engage in high-level trade and commerce, and strengthen their ties further. This is evident from the fact that the UAE is China’s largest export market and the largest non-oil trading partner in the Middle East and North Africa. Conversely, China is also the UAE’s largest trading partner, accounting for 11...

Keeping your attention on improved operations gives you the competitive advantage, especially in warehousing operations. Warehousing is a crucial stage in the supply chain and running a warehouse efficiently improves turnover, increases revenue and ensures customer satisfaction. However, running an efficient warehousing facility requires implementation of management best practices, some of which are discussed below. Implement Automated Inventory Tracking System To manage your inventory, you will need accurate and up-to-date information on where goods are located at all times...

An easy access to working capital is critical for companies, especially small- and medium-sized enterprises (SMEs), to explore new markets globally. International trade in turn is dependent on the success of SMEs, which represent around 95 percent of the world’s companies and provide 60 percent of private sector jobs. To ensure companies are in good health and add significantly to the global economy, easy availability of trade finance is vital. The global trade finance ecosystem is worth $5.2 trillion in which bank-intermediated transactions represent more than a third of global commerce...