Sandvik decided to implement a formal trade compliance program after realizing that their current manual processes were both time-consuming and unreliable. The Swedish-based, high-technology engineering group turned to Amber Road's Export On-Demand solution.
The solution has provided Sandvik with the following benefits:
Reduced time and cost spent on export compliance
Improved compliance with international trade regulations and advisories
Reduced international trading risk due to automated restricted party screening
Expanded new business opportunities with countries for which a formal export process is needed
Centralizing and automating our export control processes, and particularly our trade compliance, not only reduces risk for Sandvik, it opens new opportunities to more businesses worldwide.
Manager Group Function, Trade Compliance