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EAST RUTHERFORD, NJ, August 10, 2010 -- Management Dynamics, a leading
provider of
Global Trade Management
solutions, today announced
the release of Trade Planner
3.0, a scenario-based planning
tool that helps supply chain
teams quickly and accurately
evaluate alternative sourcing
and distribution strategies to
optimize total landed cost while
assessing the impact of trade
regulations.
According to U.S. Customs and
Border Protection, companies
import nearly $2 trillion worth
of products annually from over
150 countries, a number that is
expected to triple by 2015. With
the increasing pressure to cut
costs, accommodate new trade
regulations, and take advantage
of new preferential trade
agreements, businesses need
planning tools to improve the
design of their global supply
chains.
"Companies today are moving
beyond sourcing decisions based
on the lowest product invoice
and are evaluating multiple
dimensions including
transportation costs, duties and
taxes, regulatory compliance,
and other country risk factors,"
said Janet Suleski, Research
Director, Gartner.
"Scenario-based planning
solutions provide key players
across sourcing, logistics and
compliance with the ability to
make faster, more accurate
sourcing and distribution
decisions."
With Management Dynamics'
Trade Planner solution,
users can quickly and easily
compare the costs of sourcing
and distributing one or multiple
products from multiple locations
to identify the optimal
decision. Trade Planner allows
users to import product
descriptions, classify products
and store classifications by
country in a product repository.
Trade Planner is fully
integrated with Management
Dynamics' Global Trade Content
and supports classification by
the Harmonized Schedules and
Export Control Numbers for over
122 countries, and identifies
all applicable embargoes,
prohibitions, license
requirements, and other product
specific barriers to importing
and exporting.
"Businesses are increasingly
global in scope and need new
planning tools to continually
monitor total landed cost, model
the cost reduction opportunities
of shifting a supply base,
evaluate new preferential trade
agreements and assess the impact
of new trade regulations," said
Nathan Pieri, SVP Marketing &
Product Management, Management
Dynamics, Inc. "Today, some of
the world's largest companies in
retail, food service,
electronics, and apparel, are
utilizing Trade Planner 3.0
across the enterprise to
collaborate and make better
sourcing and distribution
strategies by considering both
cost and associated risks."
Trade Planner 3.0 is an
on-demand application that can
be quickly and cost-effectively
deployed - typically in a few
days.
For Additional information:
Make better-informed sourcing
and distribution decisions.
Maintain import and export
compliance with on-demand access
to the most comprehensive source
of global trade content in the
industry. Learn more at
AmberRoad.com/TradePlanner.
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