2021 Global Trade Management Guide

Tags: Partnership, Global Trade Management, Technology

Global trade management (GTM) systems became even more important when supply chains were disrupted in 2020. By connecting sourcing and logistics, GTM systems help make global trade transparent, efficient, and cost effective.

Here are some leading GTM vendors and solutions that can help keep your global supply chain on an even keel.

3rdwave

Toronto, Canada | 3rdwave.co

Solution: 3rdwave GTM
Platform: Cloud based
Description: A fully automated, integrated solution that delivers full visibility of a product from its international origins, across its transportation life cycle, through automated customs management, to final delivery. Supports freight contracting, automated customs management, pier control, and product management.
Functionality: Event management, compliance content, analytics and reporting

Acuitive Solutions

Charlotte, NC | www.acuitivesolutions.com

Solutions: Global TMS
Platform: Cloud based
Description: Provides cloud-based control over inbound supply chains including samples, production orders, DC bypass, store transfers, and ship from store e-commerce fulfillment.
Functionality: Transportation management, expedited approval, airfreight quotes, freight audit, global shipping execution

Aptean

Alpharetta, GA | aptean.com/products/tradebeam-gtm

Solution: TradeBeam
Platform: Cloud based
Description: Streamlines global trade operations, enhances supply chain visibility and manages compliance with changing global regulations. Support for restricted party screening, export license determination, duty rate retrieval, and classification.
Functionality: Supplier screening, export licenses and compliance, global trade data and content, integrated audit and reporting trail

BluJay Solutions

Holland, MI | blujaysolutions.com

Solution: Augmented Global Trade
Platform: Cloud based
Description: A multi-tenant SaaS platform that automates the end-to-end customs and compliance requirements for international trade. Streamlines workflow, decreases risk, and accelerates efficiency for international trade operations.
Functionality: Command center, customs management, global trade item master, smart classification

Centrade

Mendota Heights, MN | centrade.io

Solution: Centrade
Platform: Cloud based
Description: A networked business platform designed to transform the global supply chains of emerging and middle market enterprises into unified, collaborative networks in the cloud. Enables visibility, responsiveness, and performance throughout the delivery life cycle.
Functionality: Event management, compliance content, analytics and reporting

ClearTrack Information Network

Brentwood, TN | cleartrack.com

Solution: Clarity GTM
Platform: Hosted on the vendor's website, cloud based
Description: A global trading network and specialized software modules. Enables global sourcing; management of product quality, safety, and supplier compliance; source to delivery logistics, purchase order, and item visibility; and ocean and domestic freight sourcing and spend management.
Functionality: Supplier management, transportation management, booking functionality, event management, compliance content, analytics and reporting

Descartes Systems Group

Waterloo, Ontario | descartes.com

Solution: Descartes Datamyne
Platform: Cloud based
Description: Import/export trade database that covers the commerce of 230 markets across five continents. Delivers deep insight on the global movement of goods and is used by a range of companies, such as port authorities, manufacturers, retailers, commodity brokers, and transportation and logistics service providers.
Functionality: Compliance content, analytics and reporting, FTZ

Duane Customs & Freight Compliance Solutions

Santos, São Paulo, Brazil | duanesolutions.com

Solution: Customs & Freight
Platform: Hosted on the vendor's website
Description: Customized compliance services for customs releases, freight forwarding, sourcing, and event management.
Functionality: Supplier management, transportation management, event management, compliance content

E2open

Austin, TX | e2open.com

Solution: Global Trade Management
Platform: Cloud based
Description: A suite of global trade management intelligent applications helps companies achieve their goals by providing a consolidated supply chain platform to efficiently plan, execute, and administer global trade. E2open's scalable platform is backed by a comprehensive database of regulations and business rules, covering 98% of world trade.
Functionality: Supplier management, transportation management, booking functionality, compliance content, analytics and reporting, FTZ

eCustoms

Buffalo, NY | ecustoms.com

Solutions: Export Documentation Manager
Platform: Cloud based
Description: Helps users create export documentation and perform essential compliance activities, including restricted party screening, license determination, and Automated Export System (AES) submissions and filings.
Functionality: Export documentation, compliance activities, AES submissions

Elemica

Philadelphia, PA | elemica.com

Solution: Move Suite
Platform: Cloud based
Description: Global carrier network that digitally connects carriers and other key logistics partners.
Functionality: Instant alerts, performance data, enhanced visibility, automated freight invoicing, delivery time coordination

enVista

Carmel, IN | envistacorp.com

Solution: MyShipInfo
Platform: Licensed to user (installed locally), hosted on the vendor's website, or cloud based
Description: Accepts transportation spend and manifest files from disparate systems through data import tools, providing a single view of global freight spend. Provides shipment visibility, carrier performance monitoring, management reporting, currency, invoice auditing, and VAT visibility across all modes through global freight audit and payment solutions.
Functionality: Transportation management, compliance content, analytics and reporting

Freightos

Miami Beach, FL | freightos.com

Solution: Freightos Enterprise
Platform: Cloud based
Description: Provides instant rate benchmarking and lookups from contract rates, as well as live market comparisons. Helps support scalable operations across global logistics providers and internal employees with freight quote request workflows and management. Provides real-time ocean freight data with the only daily, data-backed ocean container index.
Functionality: Supplier management, booking functionality, analytics and reporting

Freight Management Inc. (FMI)

Anaheim, CA | freightmgmt.com

Solution: Global audit, rates and tracing
Platform: Cloud based
Description: Creates efficiencies and streamlines the entire global trade life cycle. Maximizes visibility, captures and monitors key performance indicators, and provides custom/ongoing reporting, which lead to more efficient operations. Effective and forensically provided freight costing audits tied with transportation cost accrual solutions improve operational efficiencies.
Functionality: Transportation management, booking functionality, compliance content, analytics and reporting

Freightgate

Fountain Valley, CA | freightgate.com

Solution: Freightgate Cloud Solutions
Platform: Cloud based
Description: Helps global shippers, forwarders, and carriers effectively manage complex supply chain information flows by perfecting their logistics processes. Freightgate's multimodal zero-touch dispatch, 100% vertically integrated global visibility, and advanced compliance solutions enable companies to manage compliance and automate millions of rates, shipments, and schedules while reducing cost and cycle times.
Functionality: Supplier management, transportation management, booking functionality, event management, compliance content, analytics and reporting, FTZ

Infor

New York, NY | infor.com

Solution: Supply Chain Management
Platform: Licensed to user (installed locally) or cloud based
Description: Delivers real-time supply chain orchestration by digitally transforming end-to-end supply chain processes and connecting companies to their supply chain partners. Offers a single view of orders, shipments, and inventory, allowing companies to gain real-time visibility to improve velocity and agility.
Functionality: Supplier management, transportation management, analytics and reporting

LOG-NET

Tinton Falls, NJ | log-net.com

Solution: LOG-NET
Platform: Hosted on the vendor's website, cloud based
Description: End-to-end capabilities from supplier management and shipment execution to compliance filings.
Functionality: Supplier management, transportation management, booking functionality, event management, compliance content, analytics and reporting, FTZ

Longbow Advantage

Charlotte, NC | longbowadvantage.com

Solution: Rebus
Platform: Cloud based
Description: Provides real-time visibility into distribution networks and supply chain performance analytics. Connects to supply chain execution systems, harmonizes data in a single database for speed and scalability, and unites WMS, LMS, and TMS data into a single platform.
Functionality: Analytics, reporting

Magaya

Miami, FL | magaya.com

Solution: ACELYNK
Platform: Cloud based
Description: This ACE-certified ABI solution is focused on compliance, security, and technology. It is built to accommodate businesses from small to enterprise-level.
Functionality: Filing ISF, entry summary, cargo release, 7512s (InBond), e214s (FTZ), drawback, reconciliation, AES, eManifest

Navegate

Mendota Heights, MN | navegate.com

Solution: Emerald Forward, Emerald ShipLens, Emerald TradeKey, Emerald Orderchain
Platform: Cloud based
Description: From global freight booking and shipment visibility to analytics and final delivery, Navegate Emerald tools and specialized cloud-based applications provide sophisticated capabilities that transform global supply chains into a unified, collaborative network.
Functionality: Supplier management, transportation management, booking functionality, event management, compliance content, analytics and reporting, FTZ

nVision Global Technology Solutions

McDonough, GA | nvisionglobal.com

Solution: IMPACT TMS
Platform: Hosted on the vendor's website, cloud based
Description: Provides end-to-end visibility and management of global shipments from creation through delivery. Supplier order management, shipment execution, contract management, freight audit and payment through self-invoicing business rules, track and trace, and BI Analytics. IMPACT TMS is global, multimodal, multi-language, and multi-currency.
Functionality: Supplier and transportation management, booking functionality, event management, analytics, reporting

Oracle

Austin, TX | oracle.com

Solution: Oracle Global Trade Management
Platform: Cloud based
Description: Solutions that enable companies of all sizes to centrally manage regulatory trade compliance and customs documentation, and streamline business processes related to cross-border trade.
Functionality: Supplier management, transportation management, booking functionality, event management, compliance content, analytics and reporting, FTZ

Precision Software (QAD)

Downers Grove, IL | precisionsoftware.com

Solution: Global Trade Management
Platform: Licensed to user (installed locally) or cloud based
Description: Automates documentation production and customs reporting, helping companies adhere to regulatory requirements and reduce hidden costs.
Functionality: Transportation management, compliance content, analytics and reporting

QuestaWeb

Clark, NJ | questaweb.com

Solution: Global Trade Management Software
Platform: Licensed to user (installed locally) or cloud based
Description: QuestaWeb's solution, now part of Descartes Systems Group, helps shippers manage the entire foreign trade zone process to minimize duties, fees, and taxes while remaining compliant with regulations. Facilitates timely and compliant movement of goods from origin to destination, across borders, anywhere in the world.
Functionality: Supplier management, transportation management, booking functionality, event management, compliance content, analytics and reporting, FTZ

SAP

Newtown Square, PA | sap.com

Solution: Global Trade Services
Platform: Licensed to user (installed locally) or cloud based
Description: Centrally manages global trade and offers a single repository for all compliance master data and content. SAP's Global Trade Services application speeds customs clearance, reducing unnecessary delays. Minimizes fines and penalties from trade compliance violations.
Functionality: Supplier management, transportation management, booking functionality, event management, compliance content, analytics and reporting, FTZ

SEKO Logistics

Itasca, IL | sekologistics.com

Solution: MySEKO
Platform: Hosted on the vendor's website, cloud based
Description: Provides access to all of SEKO's global logistics and management tools in one portal, from booking international shipments to running custom reports. Enables full international tracking, with detailed visibility of shipment progress. Features global search capability, order management visibility, multi-language support, and efficient load planning.
Functionality: Supplier management, transportation management, booking functionality, event management, compliance content, analytics and reporting, FTZ

Transporeon Group

Fort Washington, PA | transporeon.com

Solution: Transporeon and TIcontract
Platform: Cloud based
Description: Provides end-to-end visibility by simplifying complicated carrier connections. Global collaborative shipment execution platform built for supply chain communication and freight assignment. Enhances communication with partners by bringing logistics-specific information into the transportation management process.
Functionality: Transportation management, booking functionality, analytics and reporting

TransportGistics

Mt. Sinai, NY | transportgistics.com

Solution: TGI-gTMS
Platform: Cloud based
Description: Facilitates transportation procurement workflows, from bid request through pricing management to accurate payment and closure. Offers shipment tracking and purchase order tracking. Provides landed cost pricing calculations, comparisons, and what-ifs. Supports decision-making through visual analytics, dashboards, and KPIs.
Functionality: Supplier management, transportation management, booking functionality, event management, compliance content, analytics and reporting, FTZ

Transportation Insight

Hickory, NC | transportationinsight.com

Solution: Insight TMS
Platform: Cloud based
Description: Provides transparency into international supply chains. Provides visibility into shipments from point of origin to port of entry, helping to manage record-keeping and transition freight seamlessly from international to domestic shipment.
Functionality: Transportation management, booking functionality, event management, compliance content, analytics and reporting, FTZ






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