Global Trade Management: The Past, Present, and Future

Global trade management (GTM) has evolved tremendously - what started as a collection of standalone supply chain and enterprise applications has now grown into an integrated, robust solution that ties all aspects of global trade together on a common platform. Improving global supply chain responsiveness has become critical with an increase in market pressures facing companies - but where should you start? And what does the future hold in store?

This Aberdeen Group report explores the concept of an integrated digital supply chain approach, its current status, and a glimpse into the future as new technologies such as blockchain enter the space. Some key findings include:

• Best-in-Class companies are over 81% more likely than All Others to adopt a best-of-breed GTM solution

• Best-in-Class companies are 75% more likely to have BI and analytics tools in place as part of a digital platform

• Best-in-Class companies are over six times more likely to be highly automated across their organization

• 37% of all companies have funded blockchain initiatives and 29% are actively pursuing the use of blockchain