SupplyChain Magazine August 2020 | Page 53

Global Trade & Logistics - What is Global Trade ?
Global Trade & Logistics - What is Global Trade ?
CLICK TO WATCH | 3:37
53 for managing supply chains effectively and efficiently .” Nelson adds there has been significant evolution about the definition of global trade management over the last few years . “ It was traditionally a standalone capability . Companies would have an ERP system , a planning system and one of those full time capabilities was global trade management ,” he explains . “ However , now , we ’ re seeing integrated supply chain software companies harness more supply chain visibility and global trade management capabilities . It ’ s becoming more core and integrated with business planning processes and that ultimately improves visibility into the supply chain .”
www . supplychaindigital . com