Small and Medium-sized Enterprises (SMEs) are the backbone of economies worldwide, driving innovation, creating jobs, and fostering economic growth. According to the UN, SMEs make up to 90% of businesses and provide 60-70% of jobs globally. Despite their importance, SMEs often encounter various challenges that hinder their ability to thrive in the international market. To deal with […]
Category: News
Rising Geopolitical Risk Poses a Significant Challenge to Global Trade
In a recent Procurement Roundtable discussion with major global retailers and brands, moderated by Air8, senior procurement executives emphasized that geopolitical risk remains the top challenge to global trade, surpassing all other obstacles faced by professionals in the field. The Red Sea incident and the continual impact of Russia-Ukraine war have resulted in […]
