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As global sourcing continues as the major supply chain trend, importers are increasingly looking at advanced supply chain financing to improve COGS and cash flow. Banks are key partners in optimizing the financing of the import supply chain.



Benefits to Banks

  • Gain access to physical supply chain data
  • Improve payment processing efficiencies and lead times
  • Offer suppliers financing based on accepted orders, approved receivables and past performance
  • Provide suppliers visibility to accurate payment statuses
  • Offer buyers financing based on in-transit assets and supply chain events

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Press Release: January 19, 2010
Despite global recession and drop in trade volume, shippers continue to adopt Web-based industry platform to manage ocean and air transportation > read    > mehr
Press Release: September 15, 2009
Order Management, Order to Cash, Scan and Pack and Supply Chain Finance capabilities extend value to network of over 7,500 suppliers currently on Portal > read
Logistics Management
The GT NexusTrade and Logistics Portal now supports the open standards of SOA (service-oriented architecture), which will provide web service based access to industry-standard ocean and air freight invoices. > read
Logistics Management
Called the “polar opposite” of traditional license-based software, software as a service (SaaS) is gaining momentum as shippers become more comfortable with the model and vendors add more relevant modules. > read
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