A new type of industrial company is emerging primarily in China. We call them mid-market innovators, after the burgeoning middle market of Chinese urban and rural businesses and government offices, which were their original core customers.
Challenge: A 3PL firm wanted to offer FTZ management services as a new business line. It converted multi-use warehouse space into separate FTZs for individual customers, but needed a solution that could concurrently accommodate multiple customer accounts, maintain complete data segregation, accommodate complex integration requirements, and automate compliance activities.
"Sometimes buzz begets buzz." That's Patrick Bower's explanation for why sales and operations planning (S&OP), hardly a new concept, has become so important to companies today. According to the senior director of corporate planning with Combe Inc., globalization has had a big influence on companies looking for ways to plan demand within increasingly complex supply chains.
Companies wonder how often they should meet in order to achieve maximum information-sharing within the organization, as part of an effective sales and operations planning (S&OP) process. "As often as they need," advises Sanjiv Sharma, head of sales and operations planning with Rolls-Royce Energy Systems. "As little as they can get away with."
Asset tracking is one of the leading RFID applications. This is because the process improvement delivers some of the clearest benefits and fastest ROI.
MobileLink, the global positioning system-based application for managing mobile workers from Descartes Systems Group, is now available on the Android operating system.
Challenge: A leading luxury global retailer to the traveling public needed up-to-the-minute Global Trade Content for their Classification (HTS/HS) codes to ensure compliance for duty, taxes and fees. They preferred an on-line solution supported and integrated with daily updated content rather than installed software, and did not want to have to buy hardware or hire trained personnel to complete the task of maintaining content and working through manual databases/processes.
President Obama issued May 1 an executive order that aims to foster international trade by promoting greater cooperation with other countries on the development and implementation of regulations that affect global commerce. The order notes that foreign regulatory approaches may differ from those taken by U.S. agencies and that in some cases the differences might be unnecessary and impair the ability of U.S. businesses to export and compete internationally.
The latest news, analysis, trends and solutions regarding global trade management software and systems and their impact on supply chain management. New developments in global trade management software - which streamlines logistics and business processes related to cross-border trade - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using global trade management solutions for supply chain optimization.
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