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6 Causes of Sub-Optimal Trade Compliance Performance

3rdwave

It is the primary responsibility of trade compliance to assure that the organization is compliant with all government regulatory agencies. However, in most instances, trade compliance has little control over the source and quality of information it needs to work effectively. Poor Master Data Management.

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6 Causes of Sub-Optimal Trade Compliance Performance

3rdwave

It is the primary responsibility of trade compliance to assure that the organization is compliant with all government regulatory agencies. However, in most instances, trade compliance has little control over the source and quality of information it needs to work effectively. Poor Master Data Management.

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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?

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Creating a Global Trade Compliance Program

QAD

Global enterprises still rely on spreadsheets and manual processes to manage their global trade and supply chain operations. Unfortunately, that leaves these companies vulnerable to compliance violations. Decentralized data and lack of trade secret security can lead to legal vulnerability.

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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.

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Master the Challenge of Cold Chain with Blue Yonder (Part 2)

BlueYonder

My previous blog article focused on the size of the cold-chain market — $1 trillion by 2030 — and the huge opportunity it presents for the world’s logistics service providers (LSPs). In the first installment of my two-part blog series, Ann Marie discussed the top priorities for LSPs who want to master the complexity of cold-chain logistics.

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Supply Chain Department – A Typical Structure

SCMDOJO

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. Analyze performance metrics and implement improvements to enhance efficiency.