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 Rutherford (rŭth`ərfərd), borough (1990 pop. 17,790), Bergen co., NE N.J., a residential suburb of the New York City–N New Jersey metropolitan area; inc. 1881. Several pre-Revolutionary houses remain there. , N.J. -- 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 Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: "Global Trade Management Strategies: Surviving Growing Complexities in 2007." Aberdeen Aberdeen, former county, Scotland Aberdeen, former county, Scotland: see Aberdeenshire. Aberdeen, city, Scotland Aberdeen, city (1991 pop. surveyed more than 200 enterprises for the study, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. 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 See Good-this-Month order. ," 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 To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. a free copy of this report by navigating (networking, hypertext) navigating - Finding your way around. Often used of the Internet, particularly the World-Wide Web. A browser is a tool for navigating hypertext documents. 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 de·mon·stra·ble adj. 1. Capable of being demonstrated or proved: demonstrable truths. 2. Obvious or apparent: demonstrable lies. 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 See synchronization. the flow of information among trading partners, optimize optimize - optimisation 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. Management Dynamics is a registered trademark of Management Dynamics, Inc. All other marks are the property of their respective holders. |
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