International trade is increasingly disrupted by tariff tensions, political unpredictability, protectionist measures and regulatory uncertainty that challenge established business models and long-standing trade relationships.
The inefficiencies caused by these disruptors were already a problem when the business environment was stable, but the stakes are even higher during a period of increasing volatility due to the COVID-19 pandemic, Brexit, and trade tensions. and policies present on both a local and global scale.
Instead, international trade is expected to experience a boom as technological advances enable new business models driven by data and knowledge. EY professionals can help you implement an integrated approach based on the following aspects:
- Developing measures to adapt to global changes in pricing and trade relationships
- Reduced costs, risks and delays within your sales network
- Using data to generate better insights
- Transforming your supply chain operating model
- Exploitation of technologies