Global trade management supports the complex and unique compliance, regulatory and financial aspects of the import and export processes associated with international trade. Software applications can also be supported by a B2B network, trade content services and the ability to directly file customs documents. GTM solutions are utilized in international trade for managing the execution of transportation operations, ensuring compliance during the operation or supporting the financial aspect of the operation, depending on the scope of the solution. And while GTM solutions are mostly related to the compliance and regulatory aspects of international trade, the operational and financial capabilities of these solutions still remain relevant.
Supply Chain Management refers to products and services that enable the planning, execution, monitoring, and optimization of supply chain activities across sourcing, logistics, and fulfillment. This category includes markets that focus on procurement, transportation, warehouse and inventory management, supplier collaboration, sustainability, and supply chain analytics-empowering organizations to improve operational efficiency, cost-effectiveness, resilience, and customer service across global supply networks.