Logistics Customers
The transportation industry is directly impacted by the changing dynamics of the global economy. Industries have shown increasing interest in international transportation and global sourcing as a way to achieve lower costs and increased volumes. Global corporations are demanding that transportation and logistics providers provide more information, visibility and services at lower costs. In turn, transportation providers are under pressure to integrate processes, introduce automation and provide value-added services to their customers.
Challenge
Transportation and logistics providers face the challenge of becoming information service providers to meet the demand for additional supply chain information and services from their customers. Global corporations are no longer satisfied with traditional service provision and service levels. In addition to providing traditional forwarding, transportation, and brokerage services, corporations are looking for partners who can provide value-added content, services, and technology to help reduce overall supply chain costs. As international supply chain management and trade compliance rules increase in complexity, more and more is expected in the knowledge base and in the service provision offered by service providers. Global corporations are increasingly seeking partners who can provide expertise, services, and technology throughout the order, fulfillment, and financial settlement processes.
As customer and regulatory conditions change, logistics providers need a technology infrastructure that is highly flexible and can be quickly deployed to meet new challenges. The technology must be open and collaborative to include all participants in the trading network including vendors, transportation providers, customs brokers, and financial institutions. The solution must also support any-to-any global logistics and customs processes to support ever-changing global business scenarios.
Solution
TradeBeam solutions provide the transportation industry the ability to:
- Offer customers an integrated Web-based global trade management system
- Ensure compliance for global import and export shipments
- Automatically generate documentation for domestic and international shipments
- Provide customers a Web-based classification and product catalog system
- Provide customers Web-based tools for shipment visibility and exception management
- Strengthen corporate governance by providing a compliance audit trail
- Provide supply chain analytics and reporting to customers via the Web
- Integrate payment processes from Open Account to Letters of Credit
- Provide access to trade finance options to optimize cash flow management
In addition, TradeBeam Global Trade Management tools reduce the pressures associated with the new and proposed filing regulations within the Container Security Initiative (CSI), Customs Trade Partnership Against Terrorism (C-TPAT) and Importers Self Assessment (ISA) designations. TradeBeam solutions also provide better visibility of sourcing options and simplify collaboration efforts across your enterprise.
