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Fighting Terrorism with Global Trade Management
The challenge for government and industry is to secure trade without impeding growth. Therefore, there is a greater need for timely information updated by

foreign trade  to departure from the foreign port of origin for containerized ocean freight Free and Secure Trade (FAST) A security certification for all truck traffic entering the US from Canada. Carriers with FAST certification will be granted expedited border clearance Customs-Trade Partnership Against Terrorism (C-TPAT) A voluntary certification program for US importers whereby they can obtain expedited customs clearance by documenting and submitting a self-audit of international supply chain partners, physical Read More

Supply Chain Management (SCM)
Supply chain management (SCM) solutions include applications for managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse mana...
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Documents related to » foreign trade


Global Trade Applications in Global Credit Crunch - Part II
Part I of this blog series analyzed the appropriateness of global sourcing and spend management applications for helping companies improve their cash flows and

foreign trade  and the level of foreign trade during an anticipated recession, GTM solutions will perform better than other software and large infrastructure projects in the medium term. The ERP Giants’ Threat? In my opinion, the GTM vendors’ futures are as cloudy as anyone else's.  In the near term, their businesses will likely suffer too, especially since manufacturing is swinging back to the US for some commodities due to freight costs and because global business will slow down overall.  However, I still Read More
Global Trade Solutions: Competition, Challenges, and User Recommendations
The global trade management market is competitive, rapidly evolving, and highly fragmented, and competition will only increase in the future. While each GTM

foreign trade  global trade including LC, foreign exchange, invoice management, and trade financing, but, at this stage, there is no such thing as a native LRM application that covers all these bases. This is Part Five of a five-part note. Part One discussed TradeBeam and GTM. Part Two presented TradeBeam's background. Part Three covered TradeBeam's tackling of the supply chain. Part Four covered TradeBeam's GTM solution blueprint. Shippers Balk at One System Fits All Currently, TradeBeam is far from espousing an LRM Read More
Global Trade Regulatory Software: Vendor Obstacles and User Recommendations
The acquisition of Vastera by JPMorgan Chase indicates that finance in GTM is just as important as the physical movement of goods. However, there are still a

foreign trade  or access the complex foreign government regulations governing imports and exports . Also unfortunately, for relatively small companies like Vastera, giant global corporations prefer doing business with other giant global corporations—the GTM enterprise applications business requires scale to achieve profitability. Further problematizing Vastera's position is that its product and services are still new. Moreover, the return on investment (ROI) of compliance can be a tough sell, because it might be hard Read More
Unifying Global Trade Management: Challenges and User Recommendations
GTM software should be able to gather information and feed it back into the parent company, creating visibility into what remote divisions are doing and how

foreign trade  GTM capabilities, such as foreign exchange, transfer pricing, contract management, compliance audit, or inter-company orders. On the other hand, some point solutions might still have exceptional functional traits, that appeal to customers inclined to purchasing software in a piecemeal manner due to financial constraints. Some believe that there are too many silos of technology for any vendor to handle every aspect of global logistics, and many companies may decide on separate packages for trade Read More
Confronting Core Global Trade Problems: Order, Shipment, and Financial Settlement
TradeBeam has been striving to distinguish itself by offering more than order and shipment tracking. It aims to improve the management of core global trade

foreign trade  Core Global Trade Problems: Order, Shipment, and Financial Settlement More Examples of TradeBeam's GTM Solution Blueprints To reach its aspirations of creating an end-to-end global trade management (GTM) solution, TradeBeam , a leading provider of global trade solutions, has designed several so-called solution blueprints for solving specific global trade issues. Solutions range from providing import shipment visibility and trade compliance to eliminating financial discrepancies while managing Read More
Merging Global Trade Management with Global Finance
With the acquisition of Vastera, JPMorgan Chase may be the first global financial institution to offer a complete integrated cash, trade and logistics solution

foreign trade  Global Trade Management with Global Finance Vastera Acquired by JPMorgan Chase Bank On January 7, JPMorgan Chase Bank , N . A . (NYSE: JPM), a leading global financial services firm with assets of $1.1 trillion (USD) and operations in more than 50 countries announced an Agreement and Plan of Merger with Vastera (NASDAQ: VAST). What is significant about this merger, is that JPMorgan is a leader in investment banking and financial services and Vastera is the only publicly traded software company Read More
GTM Solutions--Always Watch Out for SAP
For global trade management solutions (GTM) one should never overlook the enterprise applications leader SAP, which in most cases opts for in-house product

foreign trade  former incarnation called SAP Foreign Trade ). It meets the needs of its customers including global views of trade activities and import/export processes standards in various business units. It also extends the enterprise to work more efficiently with outside parties like custom brokers, freight forwarders, and government agencies. Because interoperability is a big concern, SAP GTS uses open standards and leverages the SAP NetWeaver technology platform to provide companies with a more holistic approach Read More
Will 2005 Validate Global Trade Management and Unify Financial and Physical Supply Chains?
The Internet opened the door for global trade. As the global trade management (GTM) space continues consolidating, market leadership belongs to companies that

foreign trade  have an assortment of foreign subsidiaries that are self-contained businesses running their own systems that are out of sync with each other. Throughout the enterprise, functional silos further aggravate a seamless approach to global logistics management. For instance, compliance departments report to legal, whereas purchasing drives import; export is driven by sales, while transportation departments focus on getting the best rates. No one really questions whether or not the company is shipping Read More
Managing Performance, Risk, and Compliance for Better Business Results
Confronted by globalization and volatile markets, today’s companies face a challenging and often risky business climate. Explore how to ensure alignment between

foreign trade  Performance, Risk, and Compliance for Better Business Results The SAP BusinessObjects Risk Management application provides risk-adjusted management of enterprise performance that can empower you to optimize efficiency, increase effectiveness, and maximize visibility across risk initiatives. Source: SAP Resources Related to Managing Performance, Risk, and Compliance for Better Business Results : Risk Management (Wikipedia) Governance, Risk Management, and Compliance (GRC) (Wikipedia) Business Read More
How to Overcome the Limits of Enterprise Software
Is your enterprise software really making you more competitive? After all, for years you’ve had to make expensive trade-offs between application dependability

foreign trade  enterprise software,enterprise application software,solve enterprise problem,enterprise software directory,software evaluation,google solutions for business,business management Read More
Lessons Learned on the Inca Trail
Peru, a country with a glorious past and an uncertain future, stands at the crossroads. The inability to attract significant trade or investment due to the

foreign trade  the major sources of foreign exchange is threatened by an underlying hint of violence, crime and political unrest. Gold, a legacy of their ancestors, continues to provide employment and national income. (However, this is a wealth that is not shared with the populace, who are some of the poorest people in the world.) Agrarian communities still work the land with llamas, crude implements, and tools that have remained unchanged for centuries. Land lost in time Traveling through Peru gives one a feeling of a Read More
Managing Global Supply Chain
As international competition becomes more intense and as national barriers for trade gradually reduce, the era of global business is here to stay. Increasingly

foreign trade  Global Supply Chain As international competition becomes more intense and as national barriers for trade gradually reduce, the era of global business is here to stay. Increasingly the difference between success and failure in the global marketplace will be determined not by the sophistication of product technology or marketing communication, but by the way in which the global supply chain is controlled and managed.A global supply chain has to be agile and flexible enough to cope with differences Read More
SAP for Consumer Products: SAP Trade Promotion Management
The pressure to generate demand for consumer products is constantly increasing. Whether managing customer relationships, achieving increased sales, or

foreign trade  for Consumer Products: SAP Trade Promotion Management The pressure to generate demand for consumer products is constantly increasing. Whether managing customer relationships, achieving increased sales, or introducing new products, the area of marketing expenditure is complex and prone to error. That’s why you need a solution drawing together all the activities needed to analyze, plan, sell, execute, validate, and evaluate your products in a closed-loop process. Read More

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