Appreciative,
managing and streamlining international shipping processes can be time serious.
Global
Trade Management practices done right can influence detailed data to
help you make proactive, up-to-date decisions that move the business forward.
From its origins
in the 1990s as part of early supply chain integration projects, Global Trade
Management (GTM) has since evolved into a refined discipline that links people,
processes and enabling technology into a one-piece, solid solution for managing
international transactions. For trade-dependent companies, understanding and
implementing GTM is now a critical component for continuing a reasonable edge
in today’s global market.
What is Global Trade Management?
GTM is the
practice of reorganisation the entire lifecycle of global trade — across order,
logistics and settlement activities — to significantly improve operating productivities
and cash flow. This includes everything from Production Planning and Order
Management to Order Settlement within your supply chain.
There is New to GTM
Having a GTM in
place is a unlimited start for many organization. However, there are
geopolitical issues and disruptions that could affect the way you are using
your GTM. There are best practices that can help you prepare for these
disruptions and challenges.
In the period,
you will learn the exact definition of GTM. You will also learn how to identify
your weak links, how to turn regulatory trade compliance into a competitive
advantage, trade optimization strategies and best practices, as well as
leveraging free Trade Export agreements and whether or
not you are leaving money on the table. In addition, this session qualifies for
one APICS certification
maintenance credit.
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