As you are aware, there are recurring signals in your export business that happen daily, weekly, monthly and quarterly that lead to opportunities to improve your operations. Seizing these opportunities are the key to building a world class export organization using industry best practices from the top supply chain operators on earth. Based on the latest research, the following business scenarios are causing Export Managers to research global trade management systems using industry best practices.
Top Use Cases
Based on the latest reports from the leading supply chain research companies, there are several business scenarios that are causing Export Managers to research global trade management systems (GTMS). Some of these scenarios are:
- Compliance with export regulations: Export Managers are seeking GTMS solutions that can help them ensure compliance with export regulations, which are becoming increasingly complex and subject to frequent changes. They want to minimize the risk of penalties and fines, and ensure that their companies are meeting their legal obligations.
- End-to-end visibility: Export Managers are looking for GTMS solutions that provide end-to-end visibility of their export processes, including real-time tracking, exception management, and automated notifications. They want to identify and resolve issues quickly, improve on-time delivery rates, and enhance customer service levels.
- Cost optimization: Export Managers are seeking GTMS solutions that can help them optimize their export processes and reduce costs, particularly in the areas of transportation, customs clearance, and compliance. They want to improve margins and profitability, while also enhancing the efficiency and effectiveness of their export operations.
- Risk mitigation: Export Managers are seeking GTMS solutions that can help them identify and mitigate risks associated with exports, such as regulatory compliance, transportation, and security risks. They want to ensure continuity of their export operations and minimize the impact of disruptions on their businesses.
- Expansion into new markets: Companies that are expanding into new markets may face new challenges related to compliance, customs clearance, and international trade regulations. Export Managers are seeking GTMS solutions that can help them navigate these challenges and ensure successful entry into new markets.
Overall, Export Managers are seeking GTMS solutions that can help them navigate the increasingly complex world of global trade, while also improving their export process visibility, reducing costs, enhancing customer service levels, and mitigating risks. Industry-leading research on global trade management software purchases can help them identify the best GTMS solutions for their specific needs and goals.