Results for tag "global-trade-services"

18 Articles

Disadvantages of Batch Processing

Boxes At Warehouse For Batch Processing

There are a few factors to consider when weighing the pros and cons of Batch Processing. Let’s outline the disadvantages of having a Global Trade Management (GTM) system fed by batch data from the ERP.

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International Shipments with Customs Waybill

plane-around-world

A bill of lading issued by the shipper has transportation information relevant to the movement of goods sent to an importer.  This information is important for the importer to begin the filing process for import, as well as other customs processes.

As part of the Foreign Trade Zone (FTZ) functionality in SAP Global Trade Services (GTS) version 11.0, in the Customs Management Import area there is a new tab and document called the “Customs Waybill”.  Read More →

June 2016 Chemical Reform of the Toxic Substances Control Act (TSCA)

White House Chemical Legislation

Congress passed a reform legislation to update chemical regulations for the first time in 40 years, modernizing the Toxic Substances Control Act (TSCA). The Frank R. Lautenberg Chemical Safety for the 21st Century Act was signed and enacted into law by President Obama on June 22, 2016.

The purpose of this reform was to create more effective federal oversight of chemicals with the hope of giving Americans greater confidence in commercial chemical use.

That being said, Chemical corporations must be aware of how the regulations affect their supply chain.

Any person who exports or intends to export a chemical substance or mixture is Read More →