Solutions

Whether sourcing materials from a foreign country or looking overseas to create new markets, all business today is global. Organizations have responded to these global challenges by creating complex business processes that rely on a large number of foreign trading and service partners. The consequence of such complexity is a loss in process visibility, increasing operational cost, and a widening gap between expected performance and delivered value.

TradeMerit’s service allows our subscribers to measure the effectiveness of their supply chain by making trade processes transparent and benchmarking trade relationships against expected performance. TradeMerit does this through a collaborative model that looks to build a common communication platform between our subscribers and their supply chain partners. TradeMerit will help leverage this communication platform to create superior supply chain performance by simplifying how data is exchanged and providing consistent information to all supply chain partners. With consistent information, operations can be benchmarked against expectations and then improved when processes are not achieving desired results.

TradeMerit’s service is built upon four distinct supply chain practices: