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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

At SAP their solution is developed by their governance risk and compliance team. Global trade services is one of 4 pillars of GRC at SAP, the others being enterprise risk and compliance, identity and access governance, and cybersecurity. Secondly, one core supply chain application is a transportation management system.

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How sanctions affect shipping companies and trade

Shipping and Freight Resource

In the US there is a special body responsible for control over the above issue: Office of Foreign Assets Control of the US Treasury Department (OFAC). But it is a well-known fact that each transaction with US financial institution engaged shall be governed by OFAC rules and shall be subject to review of sanctions.

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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. At its heart a GTC is not just a governance tool, it is a critical tool for risk management.

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Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

Over a relatively short period, a transport or fleet manager’s ability to support an efficient distribution network through route and delivery optimisation has shifted from almost nil to almost limitless. Simon’s employer was a supplier of beer, wines, spirits, and soft drinks to retail outlets in the United Kingdom.