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Global Trade Compliance (GTC): A Beginner’s Guide

Logistics Viewpoints

Global Trade Compliance ( GTC ) solutions automate and streamline processes related to customs and regulatory compliance. These solutions also enable companies to make optimal decisions with respect to the impact of customs and compliance on business operations. HS codes are non-intuitive.

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The Digital Supply Chain Needs to Include Trade Compliance Systems!

Logistics Viewpoints

And yet Jerry Peck, the vice president of product strategy for global trade and transportation execution at QAD, made the point that when global companies think about digital supply chains, global trade compliance is often not part of their thinking. Global trade compliance really needs to be part of companies strategic sourcing programs.

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Beyond Trade Compliance

Logistics Viewpoints

I’m kicking off some research and writing on global trade compliance. Wood believes there is a significant trend that is occurring with respect to the trade compliance department in companies. Five years ago, or so, trade compliance would often report up to the chief legal officer. Both are leaders in this market.

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What Shipping Analytics Tools Should Freight Market Participants Have in Their Freight Stack?

FreightWaves SONAR

Shipping analytics tools shine a light on the value of informed freight management. Freight market participants need these top shipping analytics tools in their freight stack. Shipping status tools to track freight. Tracking shipment status is a core function of advanced shipping analytics tools. Download the White Paper.

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Active Supply Chain Design: A Key Imperative for De Risking Supply Chains

Logistics Viewpoints

The bullwhip effect is one example of this disruptive effect, when small changes in demand cause huge demand spikes downstream. Table 1 describes a few examples of these types of risks. Examples of disruptive risks are suppliers going out of business or shipwrecks that result in the loss of cargo containers.

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How Advanced Route Optimization Techniques can save you Time and Money

Log-hub

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Tools like dashboards and reports are commonly used. PRESCRIPTIVE ANALYTICS : Suggests actions based on data analysis. Here, standardization plays a vital role.

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How Advanced Route Optimization Techniques can save you Time and Money

Log-hub

In today’s complex and interconnected global economy, managing supply chains has evolved into a sophisticated discipline that requires advanced tools and strategies. Tools like dashboards and reports are commonly used. PRESCRIPTIVE ANALYTICS : Suggests actions based on data analysis. Here, standardization plays a vital role.