We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Report: global trade patterns impacted by e-commerce growth
Forward Thinking

Report: global trade patterns impacted by e-commerce growth

February 14, 2017
Supply Chain Quarterly Staff
No Comments

Retailers are chasing business opportunities in cross-border e-commerce, but even as they enter new markets they are finding hurdles such as changing regulations and cybersecurity, according to a report released Friday.

More than one-third of respondents to a poll of supply chain professionals said they had experienced shipping and transportation challenges that impacted retailers' ability to meet their goals, the report found.

One reason is that business-to-consumer (B2C) e-commerce has empowered consumers with higher expectations for their retail shopping experience, according to the study from the American Association of Exporters and Importers (AAEI) and global trade management (GTM) software provider Amber Road. The report, titled "Benchmark Report: e-Commerce Impacts Global Trade," draws on data from a January 2017 survey of more than 250 supply chain professionals such as manufacturers, shippers, logistics providers, and other related service providers.

"While there is clearly a large market opportunity associated with global e-commerce, there are challenges identified in the report that companies must face to create a successful e-commerce infrastructure," Gary Barraco, director, global product marketing, Amber Road, said in a release. "To stay ahead of the e-commerce curve, companies must address primary gaps with a combination of technology, trade compliance knowledge, and automation."

With global revenues of $91.7 billion during the 2016 peak holiday season, e-commerce has reached a critical mass to significantly impact global trade, the study found, citing market statistics from Adobe Digital Insights.

"While the disruptive force e-commerce has on the economy appears most prominently in the retail sector, this latest digitalization of trade will continue to change industry trade patterns and product distribution for years to come," AAEI president and CEO Marianne Rowden said in the release. "With growing internet penetration, a consistent customer shift from store to web shopping, and the proliferation of smartphones and tablets, the growth of online shopping is massive."

    • Related Articles

      Report: Changing trade patterns a boon to U.S. industrial real estate

      E-commerce patterns shift as retailers offer easy return policies

      Rapid e-commerce growth impacts global supply chain real estate

    Recent Articles by Supply Chain Quarterly Staff

    GE Appliances unveils $450 million upgrade to manufacturing plant in KY

    Freight technology provider Loadsmart acquires computer vision platform provider

    Combilift celebrates 25 years of making lift trucks

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Wabash opens trailer manufacturing facility in Indiana

    • Six defining challenges of omnichannel fulfillment

    • Postal advocacy group says “excessive” July 9 stamp price hike will hurt consumers

    • California bill would require large corporations to disclose their greenhouse gas emissions

    • How companies can lower their ESG footprint through smarter procurement

    Featured Video

    8757b894 244c 4429 b5d8 e6df7b479d82

    Penalties for Wood Packaging Material Violations

    Viewer Contributed
    Our Services Include: Customs Broker Denver Freight Forwarder Denver Global Logistics Denver Cargo Insurance Denver Customs Bond Denver Customs Clearance Denver Customs Duty Denver Isf Filing Denver More details: Phone : 281-445-9779 Email: info@gallaghertransport.com Website: gallaghertransport.com

    FEATURED WHITE PAPERS

    • Five questions to ask before electrifying your indoor forklift fleet

    • Operator assist system myths busted

    • Three layers of forklift safety: Promoting operating best practices

    • The Complete Guide to Automated Packaging

    View More

    Subscribe to Supply Chain Quarterly

    Get Your Subscription
    • SUBSCRIBE
    • E-NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing