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Chemical
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"Management Dynamics' content is accurate and delivered on time,
allowing us fast and efficient implementation globally and their software solution
for export controls is one of the best in the business, and has kept us penalty-free."
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Chemical distributors and manufacturers experience increased
scrutiny when moving goods across international borders. Faced with complex government
regulations, chemical companies are seeking new ways to streamline operational processes
without increasing the costs and risks associated with cross-border transactions.
Challenge
With increased focus on homeland security, chemical products and byproducts can
be delayed at borders due to inaccurate documentation, product classification or
reporting requirements. Changes to regulations issued by Chemical Weapons Convention,
HAZMAT, DEA and TSCA occur more frequently and the ability to track changes and
ensure compliance is costly and fraught with error.
Solution
Management Dynamics’ GTM suite helps chemical companies maintain compliance across their
global operations and to continually identify ways of reducing costs including:
- Multi-mode Supply Chain Visibility to connect suppliers and all logistics
partners to establish a foundation of process control across orders, shipments
and in-transit inventory.
- Trade Compliance solutions to track shipment information and manage samples
that are deemed controlled substances, identify products under DEA control that
are used in the manufacturing of illegal drugs, screen for hazardous materials
and flag TSCA line items, including highly controlled chemicals classified as
ECCN 1C350.
- Transportation Management solutions to manage approved carrier lists, simplify
routing options and to optimize the selection of carriers based on cost and
service.
- Global Knowledge® trade content solutions to identify licensing, documentation
and unique reporting requirements as well as screen for restricted parties on
every transaction.
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