The silos of global trade management can no longer operate independently. And also how networked application platforms have risen to the forefront because of the multiple advantages they offer.

"In the 1990s, ERP emerged as a way to unify systems within an enterprise, replacing and/or augmenting fragmented legacy and departmental systems. More recently, with more and more being done outside the four walls of the enterprise and so many more players involved, we see the emergence of platforms that sit on the network between companies. These network-based platforms help to coordinate and communicate, providing a Single Version of the Truth (SVoT) amongst all the players."

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