KPMG and Thomson Reuters just issued their 2016 Global Trade Management Survey report.
This year, more than 1,700 trade professionals from across 30 countries in a wide range of industries were surveyed to gain new insight into the operational practices, risks, and challenges affecting global trade departments today.
The survey reported six major “takeaways,” including the following:
- MANUAL PROCESSES TIE UP RESOURCES AND INCREASE RISK
- LACK OF AUTOMATION RANKS AS TOP CHALLENGE
Responses indicate that the majority of global trade departments lack the systems, processes and visibility needed across supply chains to maximize incentives and internal resources to thrive in today’s highly-dynamic global marketplace. Check out our recent blog post about using technology to improve visibility in supply chains.
Access the survey here (site registration required).