Back to the Future: Revalidating the Supply Chain

• Date: November 30, 2009
• Source: www.jpmorgan.com

The onset of technology has helped businesses move to being paperless offices. Availability of real-time information has all the more increased efficiency and control. Financial institutions are able to exercise more control in terms of transactions. This has helped to integrate all the functional partners for the smooth conduct of trade across borders. Transperancy in global trade has increased which has brought to the fore many ineficiencies of the old system.