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GL BAL TRADEM ANAGEMENTGlobal trade is essential to growth
and growing more complex
Global Trade Management (GTM)SOFTWARE MAKES IT EASIER to becomea global shipper and ensures regulatory compliance
GTM success REQUIRES CAREFUL SELECTION andUSE OF BOTH SOFTWARE AND TRADE COMPLIANCEcontent
Download the full report, “Imports & Experts Made Easier with Global Trade Management Software”
Source: Supply Chain Insights LLC. Based on a Global Trade Management Software survey, conducted online (November 2104 - February 2015) among 99 manufacturers, retailers, and wholesalers / co-operatives / distributors who import / export products and are familiar with global trade management software (self-rated as a 3 or above on a scale of 1-7). The average respondent is a supply chain professional in North America working for a manufacturer with $4.5 billion in revenue. Data shown is among those who could answer the question (n=42-99).
CLEARLY DEFINE REGIONAL ANDGLOBAL GOVERNANCE ensuring employees understand their rolesas individuals and that EACH NODE INTHE SUPPLY CHAIN UNDERSTANDStheir role in supply chain flows.
GTM software has aHIGH ROI and very smallgaps in performance.Companies should EXPAND THE USE OF THE SOFTWARE to cover all important import and export flows.
Global Trade Management is about more than software. CAREFULLY SELECT THE SOLUTION based upon both software and trade regulatory content to manage trade.
What Should New Users ExpectWhen Implementing a GTM Solution?
14MONTHS ONAVERAGE TOIMPLEMENT
AVERAGECOST TOIMPLEMENT IS
2xTHE COSTOF THESOFTWARE
13MONTHAVERAGE TOACHIEVE ARETURN ONINVESTMENT(ROI)
HIGHLIGHTS from the 2015 Supply Chain Insights report:
RECOMMENDATIONS:
“IMPORTS & EXPORTS MADE EASIER WITH GLOBAL TRADE MANAGEMENT SOFTWARE.”
3 GTM SOLUTIONSON AVERAGE
67% SATISFIEDWITH THEIRPRIMARYPROVIDER
70% ACHIEVEDA RETURN ON INVESTMENT(ROI)
41% IMPLEMENTEDIT ON PREMISE(BEHIND THEFIREWALL)
29% VIA SOFTWAREAS A SERVICE
28% HOSTED BY A3RD PARTY
What Does a Typical GTM User Environment Look Like?
www.tinyurl.com/SCI-GTMReport
@scinsightsllc
linkedin.com/company/supply-chain-insights
SupplyChainInsights.com