Trade and Logistics Management
Globalization in today's business environment presents logistics and trade challenges that go beyond language, time zone, and currency differences. Unplanned freight costs, mushrooming compliance risks, increasing volume of outsourced trade, suboptimal transportation, and increased competition have all made the competitive landscape far more challenging to your organization.
In the past, organizations have responded to these challenges by creating complex business processes that rely on a large number of foreign trading and service partners. The consequence of adding such complexity to your supply chain processes is a fragmentation in the information flow and ultimately an ever increasing loss of control in your supply chain.
Trade and Logistics Management is an on demand, customizable service that provides to you and your Supply Chain partners a vehicle to communicate relevant process information and controls. TradeMerit does this through a technology and process model that looks to build a common communication platform between trade and service partners. Once there exists a common platform, supply chain processes can be monitored and controlled in order to mitigate supply chain risk. This visibility that goes far beyond logistics tracking of your shipments but also provides detailed item and information visibility.
With information in real-time, you will be able to:
- Measure the cost and risk in your trade lane through a process/landed cost model that can look at hard quantifiable costs (i.e. transportation, inventory…) and also more qualitative costs due to risk (i.e. geographical and supplier location risk, …).
- Track your Purchase contracts and order fulfilment processes, including compliance.
- Track specific product inventory anywhere in your supply chain.
- Adjust your supply chain plans and processes in order to correct for events in real time.
- Continuously improve on your supply chain processes through the evaluation of "what if" scenarios
If you require more information or have questions about our services, please complete the following form and one of our representatives will contact you shortly.
