Global Trade Metrics Reveal Opportunities for Dramatic Gains

The quiet but rapid evolution from domestic sourcing of raw materials to increasingly complex, global supply chains has caught many executives by surprise. Error rates in global trade processes often exceed 20 percent, and the cumulative effect of these errors could mean that more than 90 percent of all international shipments have mismanaged handoffs that slow the transaction and add hidden costs to the importing company. The power and potential of global trade to dramatically improve your financial and operational bottom lines can be harnessed through consistent measurement of standardized metrics, revealing the areas in which your greatest gains lie.