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As
businesses today expand globally,
global trade compliance is being
transformed from a back-office
function to a top priority of
international corporations. As this
metamorphosis takes place, trade
compliance departments have begun to
behave more strategically. This report from Aberdeen examines
compliance practices and initiatives
of 340 exporters and importers. Key
findings include:
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Best-in-Class companies have
a one percentage point
advantage over their peers
in annual trade compliance
costs as a percent of total
global trade costs. |
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Best-in-Class companies are
twice as likely as the
industry average to have
decreased the number of
supply chain disruptions due
to trade compliance errors
over the past year. |
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Best-in-Class companies are
50% more likely than
laggards to have the ability
to access timely information
on the
latest trade regulations updates.
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