Welcome to 2012. Please remain seated with your seatbelt fastened until the year has come to a full and complete stop…
Let’s get right to the news…
At one of the conference receptions I attended this fall, I heard an interesting story about a Global Trade Management (GTM) system implementation.
At one level, the business case was focused on fine mitigation. US Customs had warned this company several times about shipments lacking the proper licenses, permits, and classifications. Finally, customs lost its patience and fined the company more than $50 million. Part of the business case… Continue reading
As many communities continue to deal with flooding and power outages in the aftermath of Hurricane Irene, storm clouds still remain over the US and world economies, which dominated this week’s news.
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Guest Commentary: Global Trade Management: Are You on Top of Your Game?
Global Trade Management (GTM) solutions, as defined in an ARC Advisory Group market study, streamline and automate processes related to customs and regulatory compliance and trade financing. This simple, yet comprehensive sentence describes a complex challenge global shippers face every day. Getting goods to a foreign destination is not a simple game, yet some supply chain organizations are able to “win” this game, day in and day out, despite… Continue reading
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