4 Key Supply Chain Trends to Watch in 2018

Whether it is managing revenue management as a brick and mortar retailer, wondering what the state is on the driver shortage, or tracking significant new tariffs — all of these affect supply chain networks.  Here are four global supply chain trends to watch in 2018.

  1. Omnichannel Revenue Management — Traditional brick and mortar retailers seek to leverage their stores to better compete against Amazon and other ecommerce retailers.
  2. Logistics Workers, Labor Shortages, and Automation — The industry continues to discuss the driver shortage.
  3. Tariffs and Global Supply Chain Networks — If significant new tariffs emerge, supply chain networks will change greatly.
  4. The Hype Surrounding Digital Technologies Will Continue — Emerging technologies such as blockchain, 3D printing, autonomous mobile robots, IoT, machine learning, and related technologies continue to advance.

Read more on key supply chain trends to watch in 2018.

All in all, this is a good lead into our next WEGGinar™.  See below.

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Note: Don’t miss our next WEGGinar™ 1/10/18 on “Laurel Delaney’s Global Trade Trends Report 2018” and presented by Laurel Delaney, President, WEGG and Founder, GlobeTrade.com. Register here:  https://register.gotowebinar.com/register/1940601026277957634
Event is free of charge but you must register in advance to attend.
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A Spur to Action: Get More Women to Export

Women-led small businesses in Northern Ireland are less likely to be exporters and female business leaders are less likely to consider investing and expanding than their male counterparts.

Exporting doesn’t necessarily mean investing in large and complex supply chains. It could mean something as simple as creating a website from a template and taking orders via email. It also doesn’t need to reach every market around the world – there are plenty of near-market opportunities in the rest of the UK and Ireland that are there to be seized.

The bottom line is there is no magic bullet to exporting.  It requires the right mindset, an appropriate business model, hard work and support from resources such as WEGG.

Read more about spurring female-led companies to export-action.

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Note: Don’t miss our next WEGGinar™ 1/10/18 on “Laurel Delaney’s Global Trade Trends Report 2018” and presented by Laurel Delaney, President, WEGG and Founder, GlobeTrade.com. Register here:  https://register.gotowebinar.com/register/1940601026277957634

Event is free of charge but you must register in advance to attend.
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When Women Succeed, The Whole World is Uplifted

The Dollar Business spoke with Katherine B. Hadda, the US Consul General in Hyderabad on a wide range of topics – from the GES 2017 to strengthening Indo-US ties.  Two key questions addressed:

  1. The Global Entrepreneurship Summit 2017 (GES 2017), is expected to be a game changer for Indian businesses. What significance does it hold for you and what are your expectations?
  2. In GES 2017, we understand about 50% of the delegates are expected to be women entrepreneurs, out of a total of about 400 entrepreneurs from India and the US. What according to you does the participant composition signify about Indo-US women-led entrepreneurial ties?

Learn more about when women succeed, the whole world is uplifted.

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Note: Don’t miss our next WEGGinar™ 12/6/17 on “Harnessing the Power of Diversity and Inclusion:  Creating a Workplace that Works” and presented by Joselyn DiPetta, Google and Managing Partner at Present Possibility. Register here:
https://register.gotowebinar.com/register/1837790091765976835
Event is free of charge but you must register in advance to attend.
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GES: Keen to Support Women Entrepreneurs In Every Possible Way

The “Road to the Global Entrepreneurship Summit (GES) Series in Odisha, India,” brings together industry leaders, start-ups, serial entrepreneurs, venture capitalists, angel investors as well as enablers of the innovation ecosystem such as government, international agencies and industry associations not only from India but across the globe.  One of the top areas of focus is on women entrepreneurship and gender equality.

The leading woman entrepreneur of the state, Odisha Television Network Director Jagi Mangat Panda, says:

“The most important part of women empowerment is to create an entrepreneurial culture which can only happen if issues concerning women are addressed at the grassroots level. There are gender biases and stereotypes that are so deeply entrenched in our society that a simple passage of a law will not be able to take care of it, rather some extraordinary efforts have to be taken.”

Read more about the road to Global Entrepreneurship Summit 2017, which celebrates women entrepreneurship.

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Note: Don’t miss our next WEGGinar™ 12/6/17 on “Harnessing the Power of Diversity and Inclusion:  Creating a Workplace that Works” and presented by Joselyn DiPetta, Google and Managing Partner at Present Possibility. Register here:
https://register.gotowebinar.com/register/1837790091765976835
Event is free of charge but you must register in advance to attend.
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Promoting More Women Will End Sexual Harassment

We go a bit off topic today, although our next WEGGinar™ is about harnessing the power of diversity and inclusion, with an important post about sexual harassment.  Leading sociologists Frank Dobbin from Harvard University and Alexandra Kalev from Tel Aviv University—who are experts on workplace culture and corporate diversity programs, including reasons why they fail—share their take on the current hot topic: sexual harassment in the workplace.

In Harvard Business Reviewthey pen an article that says it all by its lead paragraph:

We already know how to reduce sexual harassment at work, and the answer is actually pretty simple: Hire and promote more women. Research suggests that this solution addresses two root causes of harassment.

Read more about how promoting more women will end sexual harassment.

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Note: Don’t miss our next WEGGinar™ 12/6/17 on “Harnessing the Power of Diversity and Inclusion:  Creating a Workplace that Works” and presented by Joselyn DiPetta, Google and Managing Partner at Present Possibility. Register here:
https://register.gotowebinar.com/register/1837790091765976835
Event is free of charge but you must register in advance to attend.
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Empowering Women Entrepreneurs Changes the Outcomes for Future Generations

At the MEDays Forum panel “Bolstering Growth Through Gender Equality,” nine women were featured from different parts of the world and from different industrial sectors. The session was moderated by Aghadeer Jweihan, the director of the office of Jordan’s Princess Taghrid Mohammad and an entrepreneur.  The Forum took place in Tangier (Morocco), considered the ‘Davos of Africa.’

Ingrid Bouterse-Waldring, the first lady of Suriname and the panel’s chair, stressed that encouraging female entrepreneurs has benefits that are not merely financial: Empowered women change the outcomes for future generations. For single mothers, self-employment allows them the greater flexibility needed in their schedules to care for children.

Several points that came out of the Forum:

1.  Women need to be bolder.
2.  Women should be running big [global] companies.
3.  Women need to think bigger.
4.  Women need to support other women (similar to what WEGG offers).

Read more about how the MEDays Forum looks to spur economic growth by empowering women.

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Note: Don’t miss our next WEGGinar™ 12/6/17 on “Harnessing the Power of Diversity and Inclusion:  Creating a Workplace that Works” and presented by Joselyn DiPetta, Google and Managing Partner at Present Possibility. Register here:
https://register.gotowebinar.com/register/1837790091765976835
Event is free of charge but you must register in advance to attend.
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Women Entrepreneurs: A Global Phenomenon

In recent years, the rate of women entrepreneurs has been growing at a percentage at least double that of their male counterparts. And as Elaine Pofeldt for CNBC says, “the Golden Age for women entrepreneurs has finally begun. The stars have aligned to help trigger the trend as robust ecosystems churn out enterprising females equipped with inspiration, know-how and funding.”  We could not agree more.

Ms. Pofeldt goes on to say that a microcosm of the trend is CNBC’S inaugural Upstart 25 list, where 10 of the company fledglings were founded by women in a host of industries — from neuroscience to finance to retail.

Meanwhile, in the 40 economies participating in the sweeping Global Entrepreneurship Monitor (GEM) survey in both 2011 and 2016, women’s entrepreneurship rates rose by 13 percent on average, while male rates increased by 5 percent, according to lead author Donna Kelley, a professor of entrepreneurship at Babson College, which prepares the report with Baruch College.  The growth has been very swift in recent years.

Learn more about why women entrepreneurs will be the economic force to reckon with in 2017 and in years to come.

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Note: Don’t miss our next WEGGinar™ 12/6/17 on “Harnessing the Power of Diversity and Inclusion:  Creating a Workplace that Works” and presented by Joselyn DiPetta, Google and Managing Partner at Present Possibility. Register here:
https://register.gotowebinar.com/register/1837790091765976835
Event is free of charge but you must register in advance to attend.
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Women Entrepreneurs Are Crushing It

According to the National Association of Women Business Owners, as of 2015, there are more than 9.4 million women-owned businesses in the United States, employing nearly 7.9 million people and contributing $1.4 trillion into the economy.  When it comes to starting and growing a business, women entrepreneurs are crushing it.

If there’s anything that defines women entrepreneurs, it’s their ability to figure out everything from how to write a business plan to launching an app to — yes — taking a business global.

When you are ready to launch and grow your business, keep these six tips in your back pocket from women who’ve done it before.

  1. Build a network early.
  2. Hire help early.
  3. Listen to advice, but make your own decisions.
  4. Go global early [not in the article but Laurel Delaney’s advice :-)]
  5. Go for it!
  6. Be confident.

Learn what women entrepreneurs have done to crush it.

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Note: Don’t miss our next WEGGinar™ 11/1/17 on “UPS Takes the Guesswork out of Global Shipping” and presented by Andrea Cervini, UPS Illinois, Small Business Marketing Manager (https://global.ups.com/how-to-ship-internationally/). Register here:
https://register.gotowebinar.com/register/3272777010361474561.
Event is free of charge but you must register in advance to attend.
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WEGG Mission

Our mission is to educate women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.

Women Entrepreneurs GROW Global is a 501(c)3 nonprofit organization. EIN/Tax ID #47-2956522.

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