Scott Price, President and CEO, Walmart Asia, stressed the need to adopt new leadership methods to champion industry supply chains at the APEC CEO Summit 2012. Walmart was one of the few companies able to deliver supplies quickly to Japan and New Orleans in the aftermath of the tsunami and Hurricane Katrina.
Price urged APEC economies to continue making progress on important free trade agreements such as TPP (Trans-Pacific Partnership). He asserted, “We have to think about new challenges such as data transfers, access to the internet, modes of electronic payments and data privacy...Trade negotiators should take a systems approach to tackling barriers in the supply chain. We have to think in a more holistic way about the ways in which we can tackle these going forward.”
Paul Arkwright
Publisher
