Page 6 - James Root News Today : Breaking News, Live Updates & Top Stories | Vimarsana

"So we had to rebook shifts, we had to delay shifts, because no ships were available, no containers were available. That definitely impacted us," he told CNBC in an interview in June. For the company, which makes its cars in China and sells them to Europe, Klose said the disruptions "delayed some shipments by two, three months just because cars were sitting in a port and not being transported." Foreign demand for Chinese-made products has remained strong — both by companies' accounts and official data. The customs agency said in the first half of the year, exports to the European Union rose...

"So we had to rebook shifts, we had to delay shifts, because no ships were available, no containers were available. That definitely impacted us," he told CNBC in an interview in June. For the company, which makes its cars in China and sells them to Europe, Klose said the disruptions "delayed some shipments by two, three months just because cars were sitting in a port and not being transported." Foreign demand for Chinese-made products has remained strong — both by companies' accounts and official data. The customs agency said in the first half of the year, exports to the European Union rose...

Singapore online retailers go green by merging fashion with sustainability CNBC 3 hrs ago Sumathi Bala Making sustainability part of their business plan is critical for online retailers as the industry comes under criticism for its heavy use of plastics in packaging. Countries need to take the lead on issues such as climate change, said Vinod Thomas, visiting professor at the National University of Singapore's Lee Kuan Yew School of Public Policy. "Leadership has to be provided so others too will follow," he said. Going green is a priority for Singapore's online fashion reta...

To seize future opportunities, companies that are selling online need to build on infrastructure that support their businesses, said James Root, senior partner and chairman at Bain Futures, a global think tank of consulting firm Bain & Company. "E-commerce platforms need two pieces of infrastructure: They need great digital payment. The second thing is that they need great supply chain," he told CNBC. "And that's both to manage cross-border products coming into a market like Singapore, having swift customs clearance and easy paper processing for that." "In-market capabilities that are appropr...

Retailers face the challenge of last-mile delivery as online shopping grows CNBC 5 hrs ago Sumathi Bala To seize future opportunities, e-commerce companies need to build on infrastructure that support their businesses, said James Root, senior partner and chairman at Bain Futures. When Singapore imposed a "circuit breaker" or partial lockdown at the peak of the Covid-19 crisis last year, it laid bare the delivery and logistical challenges that e-commerce companies face. "Ultimately, convenience is king," Vaughan Ryan from NielsenIQ. "It's the convenience of shopping when I wa...