4

Technology in Global Trade

The future of international trade lies with the greater use of technology. The export and import options and the comprehensive utilization technology are discussed in this chapter.

Import/export transactions handled totally by technology are here now. It is not a pipe dream. Those companies that are not spending time, money, and resources on automating import/export operations will not be in global trade for long. The efficiencies gained in import/export/supply chain technology automation will make one company substantially more competitive then another.

Guidelines and options for the use of technology in global trade are outlined in this chapter, with an emphasis on leveraging in areas relating to documentation, ...

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