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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

The global trade compliance market is one crazy market. The market grew by double digits year over year, yet there is no standard user and consequently there is no common understanding of what the end-to-end global trade compliance process should be. At SAP their solution is developed by their governance risk and compliance team.

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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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Logistics firm recognised for compliance

Logistics Business Magazine

Cargo Express , a transportation, logistics and warehousing company providing solutions across the UK and Europe, has become one of the few firms in its class to achieve the Driver and Vehicle Standards Agency (DVSA) Earned Recognition Accreditation , for demonstrating a strong compliance and standards track record.

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The ROI of Trade Compliance

Logistics Viewpoints

What is the return on investment (ROI) associated with trade compliance? If compliance is understood as the chance that company might have to pay a hefty fine for noncompliance, then statistically, there is no ROI associated with compliance. Let’s take the example of global trade compliance (GTC) solutions […].

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What Is Vendor Compliance and Why Is It Important for Retailers?

GoShip Blog

Specifically, more retailers are now developing and deploying vendor compliance programs for their suppliers to manage the business on pre-determined conditions. Apparently, retail compliance programs will soon be used by even small retailers, so it’s crucial to understand the goal of supplier management and how it works.

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Can Trade Compliance be outsourced?

Globalior

What is trade compliance? In the supply chain and logistics industry, “trade compliance” usually refers to the governance processes that cover HS classification , export controls, Customs valuation, import and export licensing, utilization of Free Trade Agreements and Customs procedures.

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What do trade compliance managers do?

Globalior

Over the past decade, Trade compliance professional jobs have undoubtedly increased all over the world. In each country and in company, these roles have been designed to address immediate needs and important perceived risks and hence trade compliance jobs can have very different scopes of work in different companies.