Krypt Blogs | Preference Management

Information and Insights on Global Trade and Supply Chain Solutions


Trade Preference Processing with SAP GTS

International trade requires complying with various rules, most of which SAP Global Trade Service can assist with. When importing goods into another country, buyers typically pay duties. Duties are in place to raise money and protect domestic manufacturers from foreign competition. However, two countries may agree to terms wherein they will accept each other’s goods duty … Continue reading “Trade Preference Processing with SAP GTS”

By: Team Krypt - February 10th, 2017

TPP Agreement – more integrated preference management in the supply chain

The Trans-Pacific Partnership (TPP) is the most important trade agreement since The North American Free Trade Agreement (NAFTA).  It covers twelve countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States, and Vietnam).  Trade among these countries represent nearly 40 percent of global GDP. The TPP is important not only for … Continue reading “TPP Agreement – more integrated preference management in the supply chain”

By: Team Krypt - December 1st, 2015