GLOBAL TRADE MANAGEMENT
raw materials from their suppliers or how businesses transform their products to supply increasing demand for products like PPE , hand sanitisers , etc ., or to simply capitalise on market instability ,” he explains . “ Global trade management technology provides shippers with greater agility and reaction speed to find new suppliers , check if it is compliant to trade with them , classify the products and document to meet all legal requirements for customs regulations or calculate the landed costs of their products .”
Despite the clear benefits , Ashutosh Dekhne , Partner in McKinsey ’ s Operations Practice , highlights that there are still challenges due to the
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