How a Licensed Customs Broker Can Help Minimize Global Supply Chain Risks
Savvy enterprises navigate the complexities of international trade while minimizing global supply chain risks. Success in global trade requires a reliable supply chain: ingredients, materials, or components reliably sourced; products manufactured with consistent quality; sales properly transacted; and shipments correctly brokered. However, each of these links in the chain is subject to numerous trade rules and regulations, where failure to comply can result in significant fines, penalties, or sanctions.Read more.
Minimizing Your Risk of Global Trade Compliance Violations
According to a JP Morgan Chase report, 74% of U.S.-based businesses are seeking to expand globally. However, the landscape surrounding the global trade arena is rife with regulatory uncertainties. The unfortunate reality these businesses quickly come to realize (sometimes painfully so) is that each country and international trade partnership has its own collection of business and trade regulations, making it a must to prioritize trade compliance over global logistics management.Read more.
Making an ERP Implementation Project Plan: The One Step Most Companies Forget
While most businesses develop a project plan when they start their ERP implementation, more often than not it contains large gaps that could jeopardize ERP implementation efforts. These gaps often occur because the business missed one key step in their planning: stepping back to look at all the little things that make their organization run.Read more.
Comparing ERP Vendors: Can Small Companies Offer Better Service?
Should I go with a generalist or specialist? When you want some work done, a project completed, or a problem fixed, that’s a question you’ll often ask. When you’re about to embark on an enterprise resource planning (ERP) project and are comparing ERP vendors, you’ll be making a similar decision. Is a large, globally recognized firm with thousands of employees the best match, or is a smaller firm with a specific business focus the better choice?Read more.
Managing Cross-Border Supply Chain Logistics with SAP GTS
Are you managing your cross-border supply chain logistics GTS module, the answer is no. Even if you are, the answer might still be no. SAP GTS can help you manage logistics, mitigate risks, and cut costs—if it’s being optimally utilized. This happens when your company leverages every relevant capability of GTS to meet your specific needs, and when your employees are trained to fully understand and use these capabilities.Read more.
Business Process Automation Benefits: Increase Employee Efficiency with SAP GRC
An increasingly connected world, by necessity, has become an increasingly regulated business world. Monitoring, interpreting, and implementing complex sets of regulations places ever-greater demands upon employees with security, compliance, and international trade responsibilities. As a result, organizations are aggressively looking for methods to automate as many compliance processes as possible.Read more.
3 Key Steps to Mitigate ERP Implementation Risks
Most of the steps that a company can take to reduce ERP implementation risks do not actually revolve around the technical channels of the project. When you enlist the help of an experienced and highly skilled partner, you will find the technical side of an ERP implementation easily covered. As a business, you are best served by focusing on these three steps to proactively mitigate ERP implementation risks.Read more.