Authored by: Vijendra Kargudri Storm within the Auto Industry A source close to the auto industry warns there could be hike in cost as an outcome of the US’s interpretation of the USMCA. David Adams, President of the Global Automakers of Canada said, “the US has interpreted provisions on how regional value content (RVC) for … Continue reading “Storm brewing up in Auto Industry over the USMCA Rules”
Authored by: Vijendra Kargudri Global businesses on either side of the US and China trade groups, over the last couple of years have witnessed plethora of sanctions, license & tariff wars between the two. Over these years the geo-political stand-offs has resulted in every country amending its list of products & countries with which it has … Continue reading “6 major impact on global trade through introduction of additional control by BIS”
Authored by: Vijendra Kargudri Global Trade – Customs Documentation Global trade involves export/import activities of goods, which is by no means a simple endeavor. To facilitate trade, innumerable number of documents are to be collected and e-forms filled. An exporter/importer, depending on the nature of their goods, must pay taxes, duties and excises applicable for the country … Continue reading “SAP GTS Broker Intergration – a critical asset for Global Trade”
Authored by: Vijendra Kargudri Compliance across complex supply chains International/Foreign trade for gamut of products is achieved through supply chains involving series of complex processes spread across continents. Since it involves selling/buying products to/from two different businesses/countries, they are supposed to ensure trade compliance across various supply chain processes along with accelerating the cross-border supply chain. … Continue reading “SAP GTS or SAP S/4HANA – International Trade?”
Authored by: Vijendra Kargudri After a prolonged joust for the exit, on February 1, 2020 UK woke up no longer being a member of the EU! Even though for now it is a mere separation, than a complete divorce that UK had voted for more than 3 years ago. There is time till the end of … Continue reading “Brexit: Customs & Regulatory fixit following UK’s exit”
As an exhibiting partner we are excited to invite you to attend the SAPPHIRE NOW | ASUG Annual Conference, at Orange County Convention Center Orlando, Florida from May 12-14, 2020, and visit our booth number: 2149. Why Attend? Come be a part of this SAP Eco-system and get to have an amazing experience of exploring opportunities by networking … Continue reading “Krypt exhibiting @ SAPPHIRE NOW | ASUG Annual Conference | May 12-14, 2020 | Orlando, Florida”
UPDATE: Due to the increasing threat of the Coronavirus globally, the County of San Diego’s Health & Human Services Agency has ordered that all gatherings of more than 250 people must be postponed or cancelled. Accordingly, the ICPA Annual Conference scheduled for next week stands cancelled. Krypt as an SAP preferred partner is back … Continue reading “CANCELLED: Krypt exhibiting @ 2020 ICPA Annual Conference | March 15-18, 2020 | San Diego, CA”
Authored by: Vijendra Kargudri Summary Companies today are increasingly trading (buy/sell/outsource) around the world. Though the opportunities are immense for them, devoid of proper workflow and effective IT, leveraging these opportunities gets challenging for them. This is because the increased level of complexity associated with moving goods across borders has made global trade business difficult and … Continue reading “Meeting trade globalization challenges using SAP GTS”
Authored by: Shilpa Manvikar & Vijendra Kargudri Implications of Intrastat Reporting As discussed in the Part-1 of this blog, each member nation of the European community – EU28 is required to report the actual movement of goods to the customs authorities. The system that collects information and generates statistics on the dispatches and receipts constitutes INTRASTAT, … Continue reading “Part-2: Intrastat Reporting simplified with SAP GTS”
Authored by: Shilpa Manvikar & Vijendra Kargudri In this Part-1 of a two-part blog entitled – Intrastat Reporting simplified with SAP GTS, we will dive deep into knowing more about Intrastat Reporting and how Krypt can help businesses easily file intrastat reports and meet the requisite compliance. What is Intrastat Reporting? Intrastat reporting is one of … Continue reading “Part-1: Intrastat Reporting simplified with SAP GTS”
