Published 08/20/12

Ten challenges businesses face in trying to make trade work better

"Business faces its own struggles in its own trenches trying to make goods cross borders, whether these are company, state or international borders," Michael Gravier, assistant professor of marketing, writes in this Providence Business News commentary. He and his co-author, Prof. Ted Farris of the University of North Texas, list 10 challenges businesses face today in trying to make trade work better:

  • New lease-accounting rules
  • Credit availability
  • Tepid consumer demand
  • Site selection
  • The growing sustainability movement
  • Security
  • Business interruption risk
  • Budgets
  • Transportation capacity
  • Volatile energy and transportation costs

Gravier also discussed the list in a speech at the fifth annual Supply Chain Management Summit held at Bryant Aug. 23.

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