Posts tagged ‘GTM Automation’

Expert Opinions on the State of Supply Chain Execution

In this recent Consumer Goods Technology article, The State of Supply Chain Execution, industry thought leaders, including Management Dynamics CEO Jim Preuninger, give their opinions on today’s challenges and trends affecting supply chain execution.

A key discussion point in the article is how, though faced with tough economic times, companies are still investing in technologies that help streamline their supply chains operations.

Many companies, particularly manufacturers, including consumer goods manufacturers, have seen the value in using GTM software to lower costs, ensure regulatory compliance, improve customer service and automate many facets of a company’s supply chain operations. Two capabilities that consumer goods companies are using to weather the downturn are supply chain visibility and international trade compliance. These tools provide an immediate and visible return on investment, enabling companies to reduce costs, improve operations, shrink manual data entry errors, facilitate cross border movements and improve customer service.

In addition to cutting costs, GTM software can also be used to address sustainability concerns. According to Mr. Preuninger:

In the case of GTM software, sustainability efforts can be addressed on a few fronts. Reducing cycle times, eliminating bottlenecks, improving distribution networks, lowering out-ofstocks and determining the best way to ship freight can also lower emissions, an ecological goal for many companies.

To read the full article, please follow this link.

Learn How Management Dynamics Can Improve All Facets of your Global Trade Operations

While this blog is devoted to discussing supply chain management best practices, Management Dynamics has other solutions that will help you streamline all facets of global trade:

  • Import Automation- automate, streamline and manage the entire import function within your organization, from pre-Customs through Customs clearance and even post-entry activities.
  • Export Compliance – automate the international sales order management process including restricted party screening (RPS), export license determination and tracking, shipping document generation and government reporting.
  • Trade Agreement Management – automate the management, utilization, and qualification processes necessary for global businesses to participate in preferential trade agreements.
  • Supply Chain Visibility – connects importers and exporters with their overseas suppliers, logistics providers, brokers and carriers to communicate critical purchase order, shipment and inventory information and to support collaborative logistics processes.
  • Transportation Management – allows importers, exporters and logistics providers to manage the spiraling costs associated with shipping by sea and airfreight.
  • Trade Research Tools – classify products, screen for restricted parties, research regulatory controls and determine documents instantly with our web-based information services.

Please check out this brief video to learn more: