Global Trade Management

Main Process

 

Integrates information from purchasing and sales seamlessly. Uses the main document as the trading contract, which forms the basis of all purchasing, sales, and expense processes and provides users with a clear overview of all business transactions. Allows companies to use the trading contract to perform a profitability simulation immediately as it takes account of purchasing prices, sales prices and planned expenses. Supports both back-to-back transactions and one-sided purchasing and sales transactions using the unique trading contract. Lets users pinpoint commodity risks at any given time via the option to evaluate one-sided purchasing transactions. Lets users trade with vendors and customers via the Internet using the Web-based trading contract, thus speeding up the entire process.

Uses the trading contract to estimate costs in trading incurred through storage, shipping, freight, insurance, and customs, and then compares the planned costs with the actual costs that arise. Lets users distribute costs in the ensuing settlement of actual costs to several different transactions, depending on the origin of the costs. Allows companies to make informed statements regarding profits as a result of this classified assignment of expenses.

Provides a unique form of trading execution management that helps traders to control and monitor all logistics processes, whether import or export processes, stock shipments, or drop shipments. Defines these processes in a flexible manner and then makes them available, as standard, throughout the company. Allows a set sequence of process steps to ensure that the necessary letters of credit have been created before a sale is entered, for example. Automates and shortens traditional logistics processes by up to 60%. Lets users post deliveries, goods issues, and billing documents for several contract items in one single step.

Lets users associate material quantities with single-sided purchase and sales contracts on an item level with GTM‘s Position Management. Supports multiple relationships between purchases and sales, e.g., associates one purchase order with multiple sales orders. Gives the company the information it needs for long/short analysis in risk management. Links purchasing contracts and sales contracts at an early stage to reduce possible commodity risks, while increasing the reliability of delivery promises.

Adds Treasury and Risk Management, a component of Financial Supply Chain Management, to ensure that currency risks are completely hedged. Requires no manual involvement to make changes to quantities; values, or deadlines in a deal, and makes all future cash flows immediately visible in financial planning.