An online resource aims to simplify the somewhat grueling process of doing business across borders.
Panjiva is an online resource for global trade professionals to gain knowledge about suppliers and manufacturers from around the world. The platform features information on more than 1.5 million companies across 190 countries. It claims to be the first and only online information source designed to provide complete transparency into overseas suppliers.
Traditionally, supply chain and global production professionals are responsible on their own for finding the right factories and negotiating costs for global imports to the U.S. In essence, according to Panjiva, the professionals have been "flying blind."