SUPPLIER RELATIONSHIP MANAGEMENT
The Global Shipping Business Network( GSBN) exemplifies digital transformation in an industry historically paralysed by paper bureaucracy and data fragmentation.
PwC’ s multidisciplinary team navigated complex antitrust regulations across multiple jurisdictions – Chile, Poland, South Korea, Ukraine – enabling ocean carriers, terminal operators and supply chain participants to connect through a secure, neutral platform. GSBN’ s impact is quantifiable: blockchain-enabled cargo release in Shanghai collapsed processing times from 2-3 days to 1-2 hours, dramatically reducing port congestion. The platform transforms pandemic-induced disruptions into transparency catalysts while ensuring data sovereignty and cross-border regulatory compliance.
For cross-border SRM, GSBN offers three critical lessons:
• Digital standardisation: Provides a“ global utility platform” enabling seamless interaction.
• Regulatory integration: Allows suppliers to join without regulatory fear, proving modern SRM transcends procurement to encompass legal and compliance architecture.
• Blockchain-enabled trust: Creates end-to-end visibility essential for proactive global supply chain risk management.
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