Even as companies go global, supply chain challenges remain. Large, complex and sometimes unpredictable trading networks can adversely affect revenues and the ability to compete for new customers in new markets. Recently, Amber Road commissioned SCM World to conduct a survey of the landscape and issues facing supply chain professionals as they manage their global trade.
We were motivated to commission the research because of fundamental changes we saw in the global trade management market. First, over the past few years we have seen a more savvy buying community; supply chain professionals now appear to have a much deeper understanding of the nuances surrounding global trade. Second, we have also seen more senior-level executives getting involved in evaluations. Finally, buyers are taking a more strategic approach to global trade. Rather than automating a single function for a select geography—exports for the United States only, for example—companies are now interested in automating the end-to-end process of moving goods globally.
Fortunately, SCM World’s research results bear out what we have been seeing in the market. Global trade is clearly a critical part of most companies’ business and supply chain strategies and is a key strategy for growing profits and business value.
For more insight into the findings of the study, check out this Supply Chain Digest article by Scott Byrnes, Vice President of Marketing at Amber Road.
You may also download the complete study for yourself from Amber Road’s website.
