Best-in-Class Companies Prioritize Trade Compliance and Global Supply Chain Visibility as Top Global Trade Management (GTM) Areas for Improvement in 2007
EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Management Dynamics, Inc., a leading provider of global trade management solutions, today announced the availability of a complimentary new research report from the Aberdeen Group entitled “Global Trade Management Strategies: Surviving Growing Complexities in 2007.” Aberdeen surveyed more than 200 enterprises for the study, according to which:
- Companies that currently have import or export compliance automation are 1.4 times more likely to have reported increased customs clearance speed over the past 2 years
- Companies that currently use a global supply chain visibility platform are twice as likely to have reduced total landed costs, lead times and lead time variability from international locations over the past 2 years
“Technology plays a critical role in providing the much-needed visibility into international orders and shipments and facilitating the management of all aspects of global trade. Based on this study’s findings, Best in Class companies have used a variety of technology enablers to support GTM,” says Viktoriya Sadlovska, a research analyst at Aberdeen Group who authored the study. “These enablers have helped to better plan, execute, and track transactions while keeping global supply chain risks at bay.”
Management Dynamics addresses these automation initiatives by providing its global customers with a complete and integrated platform of GTM solutions including import management, a supplier portal, export compliance, trade agreement management, and global supply chain visibility. Best in Class companies in the current study are 3.7 times as likely as Laggards to be currently using a global supply chain visibility platform and twice as likely as Laggards to be currently using an export or import compliance automation. Management Dynamics remains on the forefront of automating global trade management processes to help global companies achieve Best in Class performance and lower their total landed costs.
“This latest report from Aberdeen underscores the importance of delivering solutions which address specific pain points in a complex global market and can be implemented faster at less cost,” says Jim Preuninger, Chief Executive Officer of Management Dynamics. “With our integrated platform and a ‘quick win’ implementation approach, our global customers are seeing a faster return on their investment for funding subsequent trade compliance initiatives that expand their GTM capabilities,” adds Mr. Preuninger.
To learn more, download a free copy of this report by navigating to: http://www.aberdeen.com/link/sponsor.asp?spid=30410267&cid=3995.*
About Aberdeen Group - a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen for insights that drive decisions.
About Management Dynamics, Inc.
Management Dynamics is a leading provider of global trade management solutions that improve the performance of global supply chains for importers, exporters, logistics service providers, and carriers. The company's solutions synchronize the flow of information among trading partners, optimize supply chain execution decisions, and streamline import and export processes to ensure regulatory compliance and minimize cost and risk involved in cross-border transactions. Management Dynamics' time-proven solutions are used by more than 13,000 global users at some of the world's most successful 3PLs, carriers, manufacturers, retailers, and high technology companies. For more information, please visit www.ManagementDynamics.com or call (201) 935-8588.
* Offer expires on July 26, 2007.
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