Trade Compliance

GHY discusses changes to international trade regulations and explores cutting-edge compliance strategies.

Global Trade: Why Content Matters

Posted May 01, 2014

Successful Global Supply Chains Require Timely Access to Complete and Accurate Global Trade Content

Organizations buying or selling goods globally grapple with managing an extended group of global trading partners, a complex array of country-specific trade regulations, and a competitive environment requiring shortened cycle times and reduced global logistics costs.

Companies with strong global supply chains are able to quickly and easily perform country-specific compliance checks for imported and exported goods; streamline and manage the selection of global carriers, and instantly book and manage international freight; automatically track product, container and shipment level details as goods move around the world; collaborate with foreign suppliers; and lower costs by taking advantage of preferential duty programs.

Performing these capabilities, however, requires content.

Click here to read the complete article.

Source: J. Anthony Hardenburgh | Supply Chain Digest