Managing customs and compliance processes is a complex task, even for the most well-run of supply chains. From product development through to import or export, today’s managers have to account for so many variables, both inside and outside of their organizations.
There are, of course, global trade management (GTM) tools to help manage this complexity. But the landscape of systems designed to integrate customs and compliance tasks into the broader supply chain can add yet another layer of complexity. Deciding which system is best suited to a particular organization can be daunting, especially in light of emergent delivery methods for software solutions, such as cloud-based applications.
Another crucial aspect to consider is the extent to which a global trade management solution integrates with a shipper’s existing systems. There is a prevalent notion in the market that shippers want to merge supply chain functions into fewer systems. This report is designed to delve deeper into these key areas, particularly how shippers and third party logistics providers see supply chain convergence and cloud affecting their GTM strategies and technology buying decisions.
Data contained in this survey was drawn from the responses of 170 global trade practitioners between May 19, 2014 and June 27, 2014. Respondents were asked up to 31 questions about their GTM strategies, technology usage, and investment plans, as well as their attitudes toward cloud-based solutions and supply chain convergence. Click to continue reading