Global businesses today are expanding
global distribution to power top line growth through exports and continuing to
refine low-cost country sourcing strategies to reduce costs.
To support these
business strategies, your global supply chain team needs to continually evaluate
the costs and risks associated with your
sourcing and distribution decisions but
are typically challenged by:
▪
Purchasing departments that make
sourcing decisions based on product invoice alone
▪
Logistics departments that can not
easily compare or calculate the total landed costs by groups of products and multiple origins
and destinations
▪
Fulfillment departments that do not
understand the landed cost impact of exporting goods from alternative
distribution centers
▪
Planning teams that do not properly
incorporate the risks associated with
regulatory controls when developing new
sourcing and distribution
strategies
Management Dynamics'
Trade Planner
addresses these challenges by providing detailed analyses and graphical
comparisons of international shipping options based on total landed cost and export
and import regulations, from one origin to multiple destinations or from
multiple origins to one destination.
The extended supply chain team can develop
better sourcing and distribution strategies using Trade Planner with the following capabilities:
▪
Streamline the product classification
process with sophisticated searching and mapping tools and accessing Management
Dynamics’ extensive repository of
global trade content
▪
Store product classification for
multiple countries in an easy-to-use global product master
▪
Build sourcing and distribution
analyses and store as scenarios or
export to Microsoft Excel
▪
Compare total landed costs for
sourcing from one origin to multiple destinations including precise results for
all duties and taxes calculated along with applicable tax formulas
▪
Identify product-specific barriers to
importing such as anti-dumping duty, licenses, permits, quotas and visa
restrictions
▪
Compare total landed costs for
distributing from multiple origins to one destination including precise results
for all duties and taxes are calculated along with applicable tax formulas
▪
Identify specific barriers to
exporting such as absolute embargoes, prohibitions or license requirements
▪
Share planning tools and results with
a secure, Web-based solution
Get everyone on the same page - Purchasing,
Logistics and Distribution - to truly optimize landed costs
▪
Accurately asses the risks of sourcing or
distribution decisions based on prevailing regulatory controls
▪
Reduce the time to analyze and plan and reopen and
test scenarios as market conditions change
▪
Download scenarios to Excel to perform more complex
calculations
"Management
Dynamics’ Trade Portal solution helps us automate
the workflow between suppliers and the shipment
creation process – from point of purchase order, all
the way through pre-customs entry – enabling us to
centralize and streamline our global procurement
process."
John Wainwright, Vice President Customs Compliance,
Leggett & Platt