SAP Global Trade Services

See how SAP Global Trade Services helps you avoid trade with sanctioned or denied parties and ensure compliance while reducing overall costs and effort.

  • http://sapvideo.edgesuite.net/vod/demos/sap-global-trade-services-automate-and-streamline-your-trade-processes-demo-us.mp4
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    • SAP Global Trade Services: Automate and streamline your trade processes.
    • This demo shows how the SAP Global Trade Services application can help you: Screen business partners Ensure compliance and Request vendor declarations
    • Enabling you to: Protect company brand and image, and avoid trade with sanctioned or denied parties
    • Minimize fines and penalties from trade compliance violations and Reduce the cost and effort of global trade compliance
    • Screen business partners.
    • Carmen Sanchez is responsible for global trade compliance at Kenneally Design, a company that manufactures high-tech components.
    • Part of her job is to regularly check all business partners against a sanctioned parties list, which contains names of persons and companies with whom trade is prohibited by law.
    • To do this, she logs onto SAP Global Trade Services.
    • Today she needs to check on a particular company and selects Blocked Business Partners from the menu.
    • She finds the partner she is looking for on the sanctioned party list; and in one click she is able to view the details for Henna Vollmer.
    • The partner is not sanctioned, so Carmen performs a block, which will ensure that no business is conducted with this partner.
    • The information is automatically included in the audit trail and Carmen clicks OK, completing the transaction.
    • Ensure compliance.
    • Sheila Jones, is an order specialist at Kenneally Design, which exports products to more than 60 countries.
    • Her job is to ensure that every order complies with the appropriate legal regulations. So, she logs onto the SAP application…
    • … to the export control page to view the documents that have been blocked for further business transactions.
    • Sheila sees that one sales order did not pass export control, so she drills down for more detail…
    • … and sees that this particular item does not have an export license.
    • Sheila goes to the import/export license screen, enters the necessary information for the new license and saves it.
    • Now that the correct license is in place, the order will now pass export control.
    • Request vendor declarations.
    • Ron Lee is a compliance professional at Kenneally Design specializing in duty reduction. Ron needs information from a vendor to see if their parts meet the rules of origin.
    • After he has logged onto SAP Global Trade Services, Ron accesses the Long-Term Vendor Declaration Worklist …
    • …and sees that the seller has four items that require declarations.
    • In the request LTVD screen, Ron asks the seller to submit a long-term vendor declaration.
    • The software automatically records the event in the audit trail…
    • … and sends the vendor an email requesting the necessary information. The email includes a link that the seller can use to access the declaration.
    • The vendor enters the information through a web-based user interface and clicks “yes” when complete.
    • This triggers the creation of the Long-Term Vendor Declaration which is available electronically or in print form.
    • As you have seen, SAP Global Trade Service enables you to: Protect company brand and image, and avoid trade with sanctioned or denied parties
    • Minimize fines and penalties from trade compliance violations and Reduce the cost and effort of global trade compliance
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