This leading healthcare company provides innovative diagnostic and therapeutic products and services. The company established a wholly foreign-owned company in the Shanghai Waigaoqiao free trade zone in 2000, and now has businesses in more than 70 cities in China.
Engaging in both Processing and General Trade in China, the company manages over 20,000 trade items, such as chemicals, instruments, and consumables. The unique features of each item and their specific and extensive filing and documentation requirements have made import processes extremely complex and costly. The company’s inefficient and manually intensive processes have caused inevitable errors, leading to increased costs and supply chain disruptions.
By implementing Amber Road’s China Trade Management (CTM) solution, the company was able to overcome these challenges and achieve the following benefits:
Streamlined trade operations
Minimized clearance delays
Met the internal control standard required for Advanced Credit Enterprises
Acquired capabilities for addressing potential compliance risks