Remove simplifying-trade-compliance
article thumbnail

What Does Foreign-Trade Zone (FTZ) Software Do?

QAD

An Introduction to How FTZ Software is Changing FTZ Management for the Better Foreign-Trade Zone (FTZ) management has a reputation for being complex, especially regarding inventory management. Ensuring Compliance All the factors mentioned above contribute to compliance. The post What Does Foreign-Trade Zone (FTZ) Software Do?

article thumbnail

Imports: How AI Simplifies Product Classification

QAD

Introduction Let’s explore the potential of Artificial Intelligence (AI) in progressing your global trade operations, with a specific focus on the process of Product Classification within international transactions. Summary The complexities of Product Classification in global trade demand innovative solutions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fall Colors and Economic Harvest: Unveiling the Benefits of Foreign-Trade Zones

QAD

This annual metamorphosis mirrors a different kind of transformation taking place in the world of international trade and commerce – the rise and proliferation of Foreign-Trade Zones (FTZs) with exports from FTZs growing from $34.8 billion to $123.6 billion in 2021.

article thumbnail

Import Management 101: Commodity Codes Explained

QAD

In addition, HS subheadings cover around 98 percent of international merchandise trade. As a result, a vital step for import management and meeting your global trade compliance objectives is to apply the correct commodity code to your goods. Compliance is Not Optional Correct classification is a legal responsibility.

article thumbnail

The True Power of a Payments Partnership

ivalua

As part of Ivalua’s journey to bridge the gap between Finance and Procurement, Ivalua has partnered with TransferMate to reduce the financial friction within cross-border trade. This blog will answer these questions plus a few more. Something impossible in the traditional trade models.

article thumbnail

Eliminate the Bullwhip Effect – Communicate with Your Suppliers

QAD

What is it and what can we do to strengthen supplier relationships, improve demand and supply chain planning, and simplify supplier collaboration? QAD Precision Global Trade & Transportation Execution to screen suppliers, management inbound shipments and comply with international regulations. What is the Bullwhip Effect?

article thumbnail

Fueling Success: Career in Supply Chain Guide

SCMDOJO

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Read more on our blog: 8 Must-Have Supply Chain Competencies Mastering logistics, competencies is challenging due to its wide-ranging applications. They are crucial for navigating the multifaceted challenges of the logistics industry.