Global trade in 2023 feels like a rollercoaster 🎢, and at the 13th Annual Global Supply Chain Excellence Summit in Long Beach, top business execs, tech innovators, and port leaders gathered to tackle the biggest challenges: rising tariffs, sustainability, and digital transformation.
Hosted by the USC Marshall School of Business, the summit zeroed in on how businesses across Asia—from busy ports in Singapore to manufacturing hubs in India and Vietnam—can build supply chains that are agile, green, and tech-powered.
Here are three game-changing trends to watch:
- Sustainable Moves 🌱– Think eco-friendly packaging, green logistics routes, and carbon-tracking tools (like a fitness tracker for your cargo’s emissions).
- Resilience & Flexibility 🔄– Diversifying suppliers, nearshoring, and keeping smart buffer stocks to ride out tariff shocks and other surprises.
- Digital Innovation 🚀– AI-driven demand forecasting, blockchain for transparent records, and IoT sensors for real-time shipment updates.
Why it matters: For young pros and aspiring entrepreneurs in South and Southeast Asia, these trends point to where the future jobs and startups are headed—whether you’re into green tech, data analytics, or logistics ops.
Stay tuned, because the next wave of global trade is being built on sustainability and smart tech 🌏💼.
Reference(s):
Businesses fret over global supply chain, trade amid tariffs
cgtn.com
