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Accepting, handling and restructuring international trade processes can be time intensive. Global trade management practices done right can influence detailed data to help you make active, informed decisions that move the business forward. From its origins in the 1990s as part of early supply chain integration projects, Global Trade Management (GTM) has since evolved into a refined discipline that links people, processes and allowing technology into a seamless, cohesive solution for managing international transactions. For trade-dependent companies, understanding and applying GTM is now a serious component for maintaining a reasonable edge in today’s global market.
GTM is the practice of restructuring the entire lifecycle of global trade — across order, logistics and settlement activities — to significantly improve operating efficiencies and cash flow. This includes everything from Production Planning and Order Management to Order Settlement within your supply chain.
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