Control global trade compliance and manage worldwide supply chains
High flexibility, speed, transparency, efficiency and process control are the requirements of modern companies to foreign trade management. Intelligent and integrative solutions are necessary and required to map holistic, continuous and coordinated processes.
SAP Global Trade Services (SAP GTS) is the most flexible & sophisticated trade management platform on the market. It helps companies to automate, centralize and manage global trade compliance requirements. With SAP GTS, business requirements for import and export management, preference management, as well as customs procedures can be covered. SAP Global Trade Services can be easily integrated to SAP ERP.
SAP GTS supports global sanctions list checks in the areas of sales, finance, HR, procurement and distribution. If the check lands a hit during a transaction, SAP GTS locks the document for immediate review. So-called worklists enable efficient processing of blocked documents and questionable entries can be escalated via user-friendly workflows.
To guarantee compliant and efficient export management, SAP GTS can be linked to core logistics processes. The solution supports daily challenges in the areas of product classification, sanction list checking, administration and determination of export licenses, as well as the checking of embargoes. SAP GTS can be easily connected to multiple government customs systems via a certified interface.
With integration in procurement and inbound logistics processes, Import Management continues to provide support for product classification, sanctions list review, licensing and customs administration. In addition, the Importer Security Filing (ISF) can be performed and a connection to the U.S. Customs and Border Protection’s Automated Broker Interface (ABI) can be established.
It is possible to perform compliance checks in real time with the holistic integration of SAP GTS in the ordering and shipping processes in ERP. As a result, you can move your products as quickly as possible, thus gaining a competitive advantage over potential competitors.
SAP GTS offers you the best solutions for comprehensively fulfilling customs requirements such as foreign trade zones, customs warehouses, processing trade, processing of active/ passive refinement and processing under customs control, as well as Intrastat.
SAP GTS helps you to reduce risks, time and costs
Basit Fayyaz
Managing Consultant
valantic Supply Chain Excellence
