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Management Dynamics, a leading provider of Global Trade Management (GTM) solutions, have announced that Bunzl Distribution USA, Inc., a leading supplier of disposable paper and plastic packaging supplies, implemented the Supply Chain Visibility and Trade Import modules of its GTM platform to establish a transparent and compliant import supply chain.
Utilized at over 50 branch offices in the US and Canada, the Web-native GTM solution improves visibility of Bunzls inbound shipments, monitors carrier and supplier performance, and automates Customs entry to improve customer service, reduce brokerage fees, and strengthen compliance with international trade regulations.
With increased international scrutiny being placed on security, safety and compliance, we needed to enhance our existing import compliance program and establish a comprehensive track-and-trace system for real-time visibility to our import shipments in-transit, said Jerry Foley, Import Export Compliance Officer at Bunzl. We selected Management Dynamics for its ability to provide supply chain visibility and compliance solutions on a single platform as well as its depth of international trade content, its long standing history in the marketplace, and strong presence in other countries.
Management Dynamics GTM solution creates visibility across the Bunzl supply network to monitor import shipments to its branches and customers and provide decision support tools to meet committed delivery dates. In addition, the import compliance process is now much more automated including admissibility, trade party screening, license determination and management, document generation, Customs filing, and audit trails. By integrating the end-to-end import supply chain on a single GTM platform, Bunzl can better coordinate the process among origin operations, its logistics providers, and branch operations. In this way, Bunzl eliminates supply chain bottlenecks, better manages carrier and supplier performance, and reduces entry processing and brokerage fees.
In todays market, it is critically important for companies to support their low-cost country sourcing strategies with systems that can integrate across a supply network to reduce cycle time and improve cash-cash cycles, said John Preuninger, President of Management Dynamics. Bunzl Distribution is building a best-in-class inbound supply chain and we are pleased to support this leading distributor in their GTM initiatives.
About Management Dynamics, Inc.
Management Dynamics is a leading provider of global trade management solutions that improve the performance of global supply chains for importers, exporters, logistics service providers, and carriers. The company's solutions synchronize the flow of information among trading partners, optimize supply chain execution decisions, and streamline import and export processes to ensure regulatory compliance and minimize cost and risk involved in cross-border transactions. Management Dynamics time-proven solutions are used by more than 13,000 global users at some of the world's most successful 3PLs, carriers, manufacturers, retailers, and high technology companies. For more information, please visit http://www.managementdynamics.com/html/solutions_supply-chain-visibility.shtml