About UsThe Decision Factor offers insightful comments and observations on analytics—from views on new technology approaches and market dynamics to the latest industry trends driving demand for faster, smarter information analysis. This blog contains personal views, thoughts, and opinions from SAP employees, mentors, and friends working in the area of analytics. It’s not endorsed by SAP nor does it constitute an official communication of SAP. |
Posted by: Greg Ertel January 8, 2013  There are many ways people rationalize away risk when it comes to their companies. Ever heard someone say, “We don’t manufacture a tangible product, therefore, we’re not at risk for global trade violations”? Or, “We only sell to domestic markets.” Or even, “Our product is simple and clearly for civilian use, so it poses no military threat.” Assumptions like these could be putting your company at extreme risk.
Screening Business Partners Is Good
Companies that do any type of business must, at a minimum, screen …
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Posted by: Greg Ertel December 6, 2012  Is the single window part of your global trade vision in 2013? I hope your answer is, “Yes—the transition to the single window is on my ‘trends to watch list,’ as are export reform, electronic communication with customs and other government agencies (OGA), and the introduction of new Korean free-trade agreements.”
Customs and OGA’s certify electronic filing interfaces and certified software providers must keep the interfaces up to date. This cycle of certification and re-certification is an ongoing exercise to keep up with the modernization of customs and …
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Posted by: Greg Ertel December 29, 2011  E=mc², arguably the most recognized mathematical equation worldwide. Okay, maybe second to 2+2=4, but highly recognized nonetheless. The equation “proves” the theory of relativity, a topic that we could spend anywhere from five minutes to a lifetime discussing.
So what does this have to do with global trade best practices?
The theory of relativity suggests that something can only be measured in relation to something else. Best practices can only be defined by measuring yourself against a defined set of standards. Measurements such as on-time delivery performance, inventory carrying …
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