Industrial Machinery & Components > Enterprise Management & Support > Corporate Services > Global Trade Services

Global Trade Services

Main Process

 

 

 

See also

  • Reference Slide: Adaptec
  • Reference Slide: Bayer
  • Reference Slide: Merckle Group
  • Reference Slide: Microsoft
  • Reference Slide: Sigma Aldrich
  • Reference Slide: Valio

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    SAP Global Trade Services (SAP GTS) helps companies manage the complexities of international trade including regulatory compliance, interactions with customs and management of risk while trading on a global scale.

     

    Companies need to comply with increasingly complex regulations or face costly fines and penalties. They need to expedite customs clearance process to lower cost and realize just-in-time inventory strategies, while meeting increasing demand from governments all over the world to communicate electronically and secure their supply chains. SAP GTS also helps companies to manage trade preference processes and to manage and calculate the restitution for the export of common agricultural products out of the European Union.


    The following business goals and objectives can be achieved through the implementation of these processes:


    Import - Compliance ManagementSAP Component or Feature Available

    Businesses are under tremendous pressure to comply with fast-changing trade regulations and to avoid costly fines and penalties. SAP GTS helps companies to manage regulatory compliance for imports and exports - including embargo checking, license management and sanctioned party list screening.

    This process is supported by the following SAP and/or partner offerings

  • SAP Global Trade Services: SAP Compliance Management

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    Import - Customs ManagementSAP Component or Feature Available

    As customs authorities the world over demand greater automation and electronic communication, businesses must find ways to meet those requirements. SAP GTS meet those demands with capabilities for classifying products, calculating duties, generating trade documentation, and communicating with local customs authorities. Through automation, SAP GTS streamlines customs processes, expedites customs clearance, and reduces the cost of cross-border trade.

    This process is supported by the following SAP and/or partner offerings

  • SAP Global Trade Services: SAP Customs Management

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    Trade Preference ProcessingSAP Component or Feature Available

    Trade preference processing comes into play when companies ship products to customers in countries that have trade-preference agreements. The concept is simple: Import duties will have different rates, depending on what percentage of the product originates in the sending country. In practice, however, trade preference processing can be highly complex and time-consuming: Each company must get written declarations from its suppliers as to the "original" content in the components and subassemblies of their products. SAP GTS automates this entire process

    This process is supported by the following SAP and/or partner offerings

  • SAP GRC Risk Management

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    Export - Compliance ManagementSAP Component or Feature Available

    Businesses are under tremendous pressure to comply with fast-changing trade regulations and to avoid costly fines and penalties. SAP GTS helps companies to manage regulatory compliance for imports and exports - including embargo checking, license management and sanctioned party list screening.

    This process is supported by the following SAP and/or partner offerings

  • SAP Global Trade Services: SAP Compliance Management

    		•
     
    Export - Customs ManagementSAP Component or Feature Available

    As customs authorities the world over demand greater automation and electronic communication, businesses must find ways to meet those requirements. SAP GTS meet those demands with capabilities for classifying products, calculating duties, generating trade documentation, and communicating with local customs authorities. Through automation, SAP GTS streamlines customs processes, expedites customs clearance, and reduces the cost of cross-border trade.

    This process is supported by the following SAP and/or partner offerings

  • SAP Global Trade Services: SAP Customs Management

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    Export - Restitution HandlingSAP Component or Feature Available
    Restitution handling is a special concern to companies in the food and agriculture industries, because it helps European Community agricultural exporters recoup subsidies for selling products to non-EC countries at lower-than-normal prices. As part of the EC's Common Agricultural Policy (CAP), when a company sells (exports) products to a customer in a lower-paying country, the seller must then apply for its subsidy -- called "restitution" -- from the EC. Filing and tracking that application can be a difficult process. SAP GTS automates this entire process.

    This process is supported by the following SAP and/or partner offerings

  • SAP GRC Risk Management

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    SAP Product Available Partner Product Available SAP Product Available with Future Releases Partner Product Available with Future Releases Future Focus
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