A source for news, information and insight on maintaining visibility into the supply chain.
Archive for February 2010
Did you know that we’re on YouTube? Please visit our YouTube Channel at http://www.youtube.com/user/ManagementDynamics.
We’ve uploaded some great videos on various aspects of Global Trade Management, including this interview on Strategic Opportunities that 10+2 Presents:
Management Dynamics will be attending several industry trade shows and conferences in upcoming weeks. If you plan on attending any of these as well, please be sure to say hello!
Supply Chain Security Virtual Conference
Online
Feb. 25, 11am – 7pm EST
Please visit our virtual booth and chat with us at this (free) online conference.
10th Annual Trans-Pacific Maritime Conference
Long Beach, CA
March 1 – 2, 2010
SEKO 2010 Global Sales Conference
Chicago, IL
March 7 – 11, 2010
ICPA Conference 2010
Orlando, FL
March 14 – 18, 2010
We’ll be exhibiting! Come visit us at booth #23. Or stop by the software compliance workshop (3/18 at 9am) to hear us speak about our latest solutions for managing trade compliance.
Extended Supply Chain 2010
London, UK
March 24 – 25, 2010
Stop by our booth to speak with our experts about how you can benefit from supply chain automation, or attend our workshop on trade compliance and regulations.
SCOPE East 2010
Orlando, FL
April 11 – 13, 2010
89th Annual AAEI Conference & Expo
New York City, NY
June 6 – 8, 2010
Stop by booth number 302 and learn more about the latest Global Trade Management solutions.
Logistics & Supply Chain Forum
Stone Mountain, GA
June 6 – June 8, 2010
European Supply Chain & Logistics Summit 2010
Prague, Czech Republic
June 7 – 9, 2010
1st Annual ICPA European Conference
Amsterdam, Netherlands
June 13 – 15, 2010
In a recent AMR Research study, 53% of 160 global trade professionals surveyed claimed that they would be increasing their investment on global trade management (GTM) software in 2010. Some of the main reasons cited in the study for the increase include: to improve coordination of GTM functions internally; to meet government mandates; to meet security requirements; to protect the brand; and to control various costs.
As companies become more global, increasing and expanding operations all over the world, it becomes very difficult to manually manage supply chain processes. Especially when employees are spread out across multiple locations. GTM technologies allow users to seamlessly communicate with trading partners, manage suppliers, optimize global transportation, ensure trade compliance, automate key aspects of trade finance, and develop timely resolutions of operational issues.
To be more specific, a supply chain visibility solution can provide shippers with near-real time visibility to the status of orders, shipments and in-transit inventory to optimize their network. Without a system in place, companies may be handcuffed with longer lead times, higher inventory levels, budget overruns, and continued supply-demand imbalances. Furthermore, with regulations such as the Importer Security Filing (aka 10+2), it is more important than ever to have more visibility and control over what happens at origin. (And speaking of ISF, check out how Bunzl Distribution integrated a supply chain visibility solution with a trade import solution to establish a transparent and compliant import supply chain.)
The bottom line is that we are moving into an era where manual supply chain processes are becoming inept for companies who import or export. To learn more about how different types of GTM technologies can benefit your organization, please download one of Management Dynamics’ GTM Success eKits.
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