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To balance something out

How companies can reevaluate their organizations to build robust supply chains

Mobile power plant in Indonesia Seamless digital connectivity Digitization was already on most leaders’ radars before the pandemic, but now it is even more essential. To support trade and supply chains, we need to build a seamless digital infrastructure that allows knowledge, approvals, permits, and licenses to flow quickly across borders, thereby reducing cycle times and costs. This will require collaboration from the public and private sectors in areas such as financing, policy articulation, and implementation of the necessary digital infrastructure. This was emerging before the pandemic and has only gathered steam since. Partnerships More resilient supply chains can be achieved through increased global partnerships. On the healthcare front, last year when there was significant demand for ventilators, GE Healthcare secured off-license approval for the use of existing anesthetic machines as emergency ventilators in Australia. This immediately added approximately … [Read more...] about How companies can reevaluate their organizations to build robust supply chains

The rise of female business leaders in Vietnam

The imprint of Vietnamese female leaders in the past years has made great contributions to the local economy. According to a report from the Vietnam Chamber of Commerce and Industry (VCCI), Vietnam has witnessed a significant growth of businesses run by women across the country. By the end of September 2019, 24 per cent of the total number of businesses nationwide are owned by women, the highest percentage of women-led businesses in Southeast Asia. This year, the International Women's Day (IWD) is themed "Choose to Challenge" by calling out gender bias and inequality while choosing to celebrate the achievements of women. Being the essential asset for the growth of Vietnamese products in the global stage, small- and medium-sized enterprises (SMEs) run by women have gradually proven their competitive edges, especially with the blossoming of cross-border e-commerce websites. Choose to Challenge Though more women have joined the industry in the past few years, there are still many … [Read more...] about The rise of female business leaders in Vietnam

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