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Global Supply Chains a Rarity

The numbers are surprising. This past April, the US Census Bureau released data identifying 200,000 companies that export, 100,000 companies that import, and roughly 85,000 that do both. Considering that there are roughly 5.3 million businesses in the US, this means that businesses that operate truly globally are something of a rarity. Steve Banker reflects on this information in an article. He finds that the truth is most of our solutions to optimizing global supply chains is information that only really applies to a few very large dominating companies. Yet even these few massive companies run into their fair share of problems, and Banker says global trade management (GTM) systems are how such companies can rein in their costs and get everything under better control.  GTM provides end-to-end visibility, which is a boon to you and is something the banks like to see. If you decide to go global or are already global, consider your GTM options.

About John Friscia

John Friscia is the Editor of Computer Aid's Accelerating IT Success. He began working for Computer Aid, Inc. in 2013 and continues to provide graphic design support for AITS. He graduated summa cum laude from Shippensburg University with a B.A. in English.

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