Managing the Global Supply Chain: The Role of Global Trade Management (GTM) Solutions

If there's one thing that companies have learned from operating in an increasingly global business world, it's that centrally managing exports on an international basis is no easy task. Throw in the fact that the U.S. Department of Commerce develops, publishes, and regularly updates its restricted party lists - entities that are either denied export privileges or "unverifiable" - and the management task becomes even more daunting.

Ignoring these regulations can not only result in transportation delays as officials try to determine whether the shipments are indeed illegal, but they can also lead to governmental fines and penalties. Under the read more