Published: 07 February 2024
Summary
The global trade management software market encompasses a wide array of solutions, covering different use cases. Supply chain technology leaders can use this research to understand the various types of GTM applications, learn about their different capabilities and identify a best-fit solution.
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Overview
Key Findings
Choosing the right global trade management (GTM) technology can be overwhelming due to the range of GTM solutions available to support international transportation, trade compliance and supply chain finance.
Organizations with a lower maturity often look for tactical capabilities related to optimizing shipping operations or minimizing compliance risks. Organizations with higher maturity typically seek advanced vendors with strategic capabilities to find more cost optimization opportunities.
Some GTM applications require data content from third-party vendors — such as customs tariffs, sanctions lists or rules of origin — adding an extra step in the selection process.
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