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June 27, 2008
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Global Trade Management
 

There are huge opportunities for profit in global trade, especially with exploding markets such as Brazil, Russia, India, and China. But there are also a host of details to master and pitfalls to trap the unwary.

Our experienced consultants will help you use software and services to meet the challenges and seize the opportunities of global business. This approach is referred to as Global Trade Management (GTM).

Global business has always been a challenge because of extended supply lines and the need to comply with the regulations and customs of different countries. Since 9/11, the U.S. Government has set up many additional regulations.

If you want to seize the opportunities of markets outside the US and take advantage of global trade agreements such as NAFTA and WTO you must be able to master the paperwork and still stay profitable. As if that weren't enough, there are special requirements for different industries.

For example, if you're in chemicals or sophisticated technology it's important for you to know if your customer is on a denied party list and/or a government watch list. If you import food products you must comply with regulations designed to product the food supply. There are general and specialized regulations galore.

If you're in the pharmaceutical industry, your systems need to comply with the Federal Drug Administration's CFR Part 11 and all of the evolving GxP standards. We can help ensure that your business systems are compliant and validated.

At EntryPoint Consulting we even offer 24/7 support to fit all of your GTS needs. With our EntryPoint Managed Services you will have access to an experienced EntryPoint GTS Consultant to fit whatever need may arrise.

Whatever your business, global trade means that you have to do everything you do for business in the US and then some. You still need to manage your supply chain from end to end. You still need to manage relationships with suppliers. You still need to keep costs down while you seize profit opportunities.

Let us help you implement a Global Trade Management system that:

  • Improves your revenue
  • Lowers your operational costs
  • Lowers your inventory costs
  • Removes administrative burden and costs
  • Accelerates your collection of accounts receivable
  • Keeps you in compliance with regulations and security mandates

To watch a free video on EntryPoint Consulting's approach to Global Trade, click here

For more information please contact our Partner and Vice President of Governance, Risk, and Compliance Dave Moore at (260) 417-1825 or by e-mailing dmoore@entrypointconsulting.com.

 
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