SAP Global Trade Management Training

Overview on SAP Global Trade Management:

SAP Global Trade Management (GTM) has been developing since the year 1992. This product is older than you think. Most of people confused this with SAP Global Trade Services (GTS), these are completely difference products & comes from different background.  As of  ERP 6.0 both products can be integrated though. The SAP GTM is developed at the top of SAP SD / MM as you know and put.  It is a logistics solution or the functionalities.

SAP GTM Training Course Content :

• Multiple quantity units
• Multiple currencies
• Price calculation for the trading transactions
• Partner functions
• Portfolio assignments
• Control of the open logistics documents
• Incompleteness checks
• Status and approval management
• Copy controls
• Text managements
• Contracting
• Quantity verification
• Risk assessment
• Document flow
• Central output control
• Supplier evaluation

Importance of SAP GTM :

• It speed up the outbound & inbound customs clearance, by reducing unnecessary delays
• Minimize fines & penalties from trade compliance violations
• It protect company brand & image, & it avoids trade with sanctioned or denied parties
• It eliminate time-consuming, manual compliance tasks & boost the productivity with automation. More of its importance can be learned as a part of SAP GTM Training.
• It contribute to bottom-line savings through duty minimization opportunities