It’s no secret – since 9/11 the global trade community has changed. Importers and Exporters are faced with stricter and frequently changing customs requirements. Organizations work with various components – origin of goods, brokers, customs facilitators, government agencies, and transportation carriers to name a few — when participating in global trade. Add to this the automation taking place within regulatory agencies requiring importers/exporters to provide information to the agencies in a very specific format and protocol — legacy global trade management (GTM) systems just can’t make the grade.
Real-time GTM solutions are different. These solutions provide three key elements — compliance, content, and connectivity — to assist organizations with their global trade. Real-time GTM solutions can redirect goods with late breaking information to avoid a delivery problem. Real-time GTM provides a dynamic view of the global trade situation by pulling together compliance regulations, global content such as free trade agreements or tariff schedules, and connecting all parties and disparate systems through one platform.
As the global economy continues to develop, companies leveraging RT GTM will have a significant trade advantage and ultimately gain more profit and market share. To learn more about Real-time GTM and how your organization can begin seeing the advantages of having a dynamic view of global trade, download this white paper on Real-time GTM.
Topics covered include:
- What is Global Trade Management (GTM)
- How is GTM done today
- What is Real-time GTM
- How is Real-time GTM done
- The future of GTM and Real-time GTM
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