Krypt Blogs | GTS

Information and Insights on Global Trade and Supply Chain Solutions




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Krypt Exhibiting at SAPPHIRE 2019 | Orlando, FL | May 7-9

Krypt, an SAP Partner proudly announces its participation as exhibitor in SAPPHIRE NOW and ASUG Annual Conference. This three-day Conference held from May 7–9, 2019 in Orlando, Florida will have industry leaders & experts help you look at new ways to change and put your business outcomes in the spotlight. Don’t miss to visit Krypt … Continue reading “Krypt Exhibiting at SAPPHIRE 2019 | Orlando, FL | May 7-9”

By: Team Krypt - March 25th, 2019

Multi-Device SAP GTS Experience for End-Users

Challenges using SAP GTS User Interface Currently, every cross-border trading is accompanied by a growing number of embargos, sanctions, licenses, legal regulations, customs and compliance documentation. The entire process of managing these is exhaustive and complex in many ways. Any delay in one can have a cascading effect over the ones to follow. Over the … Continue reading “Multi-Device SAP GTS Experience for End-Users”

By: Team Krypt - February 25th, 2019

Transition from MDD to MDR | The Focus of Regulation Shifts – PART 2

MDD to MDR – key changes in regulations: Scope expansion of regulated devices – the new regulation clarifies and expands the scope of regulated MDs to include – aesthetic devices with a non-medical purpose yet are akin to MDs in terms of function and risk profile, specific rules for devices incorporating nano-materials and devices intended … Continue reading “Transition from MDD to MDR | The Focus of Regulation Shifts – PART 2”

By: Team Krypt - February 20th, 2019

Transition from MDD to MDR | The Focus of Regulation Shifts – PART 1

The current MD market No country in the world is completely self-sufficient with the complete range of Medical Devices (MDs). The MD market has been substantially growing in response to meet the growing populations and their need for MD to address health-related issues and critical medical requirements. The MD market covers a range of products … Continue reading “Transition from MDD to MDR | The Focus of Regulation Shifts – PART 1”

By: Team Krypt - January 25th, 2019

Are you Ready for CPTPP?

With the ever-changing landscape of US trade agreements recently, it’s easy to lose sight of what’s happening in other countries. For multinational organizations with worldwide presence, you can’t afford to stop paying attention to global developments such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). What is CPTPP? One significant development that is … Continue reading “Are you Ready for CPTPP?”

By: Team Krypt - January 4th, 2019

The Importance of a Healthy SPL System

Sanctions and Trade compliance awareness has increased a great deal in the last decade, as enforcement and changing global conditions have led to increased public awareness. It is not as common anymore to find organisations with international exposure, who don’t have some form of Sanctioned Party Screening system or process in place. Unfortunately, that may … Continue reading “The Importance of a Healthy SPL System”

By: Team Krypt - November 30th, 2018

Krypt Exhibiting at ICPA 2019 | Orlando, FL | March 24-27

Join Us!  Krypt is thrilled to be exhibiting at ICPA Conference again in 2019.  This annual conference will be hosted at Disney Coronado Resort in Orlando, Florida March 24-27th. The theme this year is “Compliance Strikes Back”. So be prepared to learn about current compliance issues and other relevant global trade topics. Hear from industry … Continue reading “Krypt Exhibiting at ICPA 2019 | Orlando, FL | March 24-27”

By: Team Krypt - November 26th, 2018

SPL Screening best practices: never too little or too late

Regardless of the size or location of your business, or what products you sell, if you are exporting your products, then the they should be correctly classified. But what is even more critical is the necessity to screen all the parties for each of your transaction that you export to. The list of sanctioned/denied/restricted party … Continue reading “SPL Screening best practices: never too little or too late”

By: Team Krypt - October 17th, 2018

Growth and Comfort Don’t Co-exist, but Supply Chain Management and Artificial Intelligence Can

  Artificial intelligence, commonly referred to as AI, isn’t a new concept and a variety of definitions of various lengths are returned when a Google search is done. Two of the shorter definitions include: A simulation of human intelligence by machines The ability of a machine to imitate intelligent human behavior Regardless of the definition, … Continue reading “Growth and Comfort Don’t Co-exist, but Supply Chain Management and Artificial Intelligence Can”

By: Team Krypt - May 16th, 2018