International Trade Operations (Import and Export Execution)
Different yet closely integrated with global trade compliance is the business of executing the order to cash process. How businesses are set up to manage the customer order or purchase order through ultimate cash collection processes matter. In fact, this is the primary reason companies succeed or fail…how are we organized? What functions are involved and at what step in the process? Why should other supply chain functions like HR, finance, credit, sales, procurement, engineering, R&D, administrative support be involved? After all, it’s the international customer service or logistics teams that handle that, right? Nope! Organizations who are plagued by extensive delays often find that improving organizational alignment and employee training significantly improves a company’s compliance health and supply chain speed to market. FerniaCreek looks at your current organization and how functions align to improve work processes and reduce compliance and delivery risk of loss.
To learn more about how FerniaCreek's global supply chain and trade compliance experts can benefit your business, contact us today.