Challenge: A U.S. multinational had 14 manufacturing sites in Europe, the Middle East and Africa (EMEA). Each site booked transportation using a carrier-specific terminal and website, which resulted in a multitude of site-specific and carrier-specific shipping systems. Consequently, the company lacked centralized visibility for shipment movements and transportation spend.
Great strides have been made in the integration of supply chains, however, there is one mission-critical discipline that’s been neglected — Trade Compliance. Often viewed as a “necessary evil”, trade compliance is not only a source of competitive advantage as a stand-alone function, its alignment with other disciplines will enhance execution across the entire supply chain ecosystem.