article thumbnail

The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

This action was brought by the Office of Foreign Assets Control which is an enforcement agency of the U.S. Treasury’s Office of Foreign Assets Control 50 Percent Rule imposes sanctions on companies with combined ownership by “blocked” parties of 50 percent or more. appeared first on Logistics Viewpoints.

article thumbnail

Should My Warehouse Be Automated?

Logistics Business Magazine

However, there are asset control tools as software platforms that make these tasks easier, if not automated themselves, such as Visualization Module, a product from viastore for visualising warehouse equipment status. appeared first on Logistics Business® Magazine. Trends of the global warehouse automation market.

article thumbnail

The Digital Supply Chain Needs to Include Trade Compliance Systems!

Logistics Viewpoints

For example, it can look like imports from China are cheaper than the same goods imported from Mexico if a company is not relying on analysis produced by an advanced good global trade compliance (GTC) system. In addition to using a GTC as part of a landed cost analysis, GTC solutions help companies adhere to restricted party lists.