The scope and capabilities of global supply chains and the tools for managing them have evolved significantly over the past two decades, from simple desktop applications focused on generating and printing export documents, to cloud-based, enterprise-class solutions focused on a broad spectrum of import and export processes.
During the great industrial age, companies focused on improving relatively simple, but very labor-intensive processes. In contrast, global supply chain engineering today allows manufacturers to manage extraordinarily complex international networks.
The latest generation of Global Trade Management (GTM) solutions includes the functionality to streamline and automate processes related to global logistics, inventory management, international customs and regulatory compliance, and preferential trade qualification. By doing so, GTM solutions facilitate the flow of information, money, and goods in global supply chains that include buyers, sellers, and intermediaries, such as customs agencies, banks, and freight forwarders.
This eBook explains the trends in the future that will have a dramatic effect on global trade:
- Trans-Pacific Partnership (TPP), Transatlantic Trade and Investment Partnership (T-TIP), and the proliferation of free trade agreements
- Strengthened border security and surveillance
- Increasing government regulation
- CBP’s “Single Window"
Download a complimentary copy of this eBook today to learn about the future of GTM and supply chain solutions and the resulting positive impact on a company’s cycle times and bottom lines.
This post was published on August 19, 2016 and updated on August 19, 2016.
