Articles
Global Trade Management
Spring Clean Your Trade and Compliance Processes
This is the time of year when many of us begin our spring-cleaning projects around the home. Yet it is a good idea to also consider some spring cleaning of your organization’s trade compliance processes, perhaps dusting off some plans set earlier and readying programs for developments coming in the remainder of the year. Prep […]
Read MoreSelecting a Global Trade Management Tool
Selecting the right global trade management system is an important factor in growing your business. Analyzing features such as customization and security can help you determine which solution best meets your company’s needs. Ron Atapattu, president and founder of Overseas Cargo Inc., offers the following recommendations for selecting global trade management software that can take […]
Read MoreHow to Make Ship Arrival Analytics and Predictions More Precise
Ninety percent of the world’s logistics traffic moves via ocean transport, and until today, the entire logistics community of shippers, forwarders, carriers, and tracking technology providers has suffered from the struggle to consistently predict the precise arrival of the world’s ocean vessels with reliable certainty. Many in the supply chain industry claim that dynamically predicting […]
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Top 100 Logistics IT Providers & Market Research Survey
Inbound Logistics surveys the logistics technology sector and evaluates the top solutions providers leading the way to supply chain excellence.
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Bridging Performance Gaps with GTM
Q: What is driving investment in global trade management systems? A: From 2003 to 2013, the value of world merchandise trade nearly tripled, with companies from large to small aggressively pursuing emerging markets as a way to grow top-line revenues and reduce costs through low-cost country sourcing. According to a July 2013 SCM World survey, […]
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Are You Ready to ACE It?
On Feb. 19, 2014, President Obama signed an Executive Order intended to streamline the export/import process. It establishes December 2016 as the completion date for the International Trade Data System (ITDS), which will allow businesses to transmit, through an electronic "single-window," all the data required to import or export goods. The Automated Commercial Environment (ACE) […]
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Automating Key Steps to Strategically Optimize Inbound Supply Chains
The increasing growth and complexity of global trade means organizations must work with a range of partners, suppliers and functional teams within the organization. Best in class companies use a variety of global trade automation tools to lower inbound costs and improve processes. According to a recent AberdeenGroup report, "Strategic Inbound Optimization: Foreign Trade Zones […]
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Global Trade in the Key of GTM
When orchestrating international shipments, global trade management solutions help trading partners sing the same tune.
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FTZ Basics and Benefits
Foreign Trade Zones can help global shippers maximize savings and minimize operational costs. Speeding customs clearance and eliminating paperwork seals the deal.
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Making a Business Case for GTM
Q: What is the role of global trade management (GTM) in organizations today? A: In today’s world, GTM is more than compliance. GTM practitioners should think of GTM as standing on three equal pillars: compliance, supply chain finance, and global logistics. A holistic approach is necessary given the growing complexity—both in regulations and geography—of international […]
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