Release Date: 16 September 2008
Release ID: 1528
Many decentralized companies are struggling to effectively manage their end-to-end global supply chain because they are running on disparate systems and inefficient processes. AFL Telecommunications, a provider of fiber optic products and services to the telecom market, is deploying Management Dynamics’ Global Trade Management (GTM) solution to resolve this issue by centrally managing trade compliance across their import and export operations. The solution will automate Import Compliance, Trade Agreement Management and Export Compliance, and provide integrated and real-time trade content to manage the complexities of classifying products, calculating landed cost, determining licensing requirements, and screening for restricted parties when shipping AFL products to countries worldwide.
Management Dynamics, a leading provider of global trade management solutions, today announced that AFL Telecommunications, a provider of fiber optic products and services to the telecom market, has launched a worldwide deployment of Management Dynamics’ Global Trade Management (GTM) solution to centrally manage trade compliance across their import and export operations.
AFL is implementing Management Dynamics’ Global Trade Compliance including modules for Import Compliance, Trade Agreement Management and Export Compliance, as well as trade content to manage the complexities of classifying products, calculating landed cost, determining licensing requirements, and screening for restricted parties. AFL selected Management Dynamics’ solution for the breadth of trade content, the ability to manage duties paid by performing Post Entry review on 100% of its imports, and fully optimizing the cost savings associated with their NAFTA program.
“We selected Management Dynamics’ GTM solution because it best fit our business requirements, the company has a great reputation within the industry, and we were impressed by the positive feedback we received from customers,” said Jeff Schmerbeck, Director of Supply Chain for AFL Telecommunications, LLC. “Management Dynamics’ solution – after an extensive evaluation – was ultimately the best compliance solution that offered the breadth to automate each aspect of our global trade process and the depth of functionality to support our business units with the tools they need to measure and stay in compliance.”
Management Dynamics’ Global Trade Management solution addresses AFL’s key requirements for managing trade compliance, including:
Highly automated process that centralizes and standardizes AFL’s import and export process across six of its major business units worldwide;
Reporting and metrics management, such as analysis of duty paid and post entry review, to measure the compliance value for its internal clients, better evaluate its brokers, and calculate the performance of its service providers;
Centralized product classification with mapping tools to facilitate classification in multiple countries along with purchased part details that identify relevant Free Trade Agreements and origin information; and
Integration with Oracle ERP across six autonomous business units.
“Many decentralized companies who depend on global trade for top-line growth and competitive cost structures are looking at GTM solutions that can centrally provide structure and visibility to the overall process and deliver best-of-breed tools to each business unit,” said Jim Preuninger, CEO of Management Dynamics. “AFL Telecommunications is building a strong GTM foundation with execution tools to automate all aspects of their compliance process and with visibility to key metrics to manage and continually improve their compliance efforts.
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