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Export Management System
“Export management is all about handling complex local
laws, trade measures, documentation and meet trade compliance
requirements.”
Although global trade has experienced a compound annual growth
rate of 9.3% during the past 20 years, many companies still
rely on outdated manual processes and paperwork for international
business. These time-consuming, error-prone methods are incapable
of handling the complex challenges of global trade. To conduct
business in other countries, your company must comply with
local laws, satisfy trade security measures, meet documentation
requirements, understand complicated tariffs and duties, and
coordinate the involvement of all parties. Handling these
responsibilities manually increases the risk of failure and
failure can be costly when trading across borders.
OBT Global developed an application to address the requirements
of Indian Export Scenarios. This Export Management System
application is developed using ABAP/4 Language on SAP R/3
catering specifically to the Indian Export scenarios. This
is interfaced with SAP.
This application handles various incentive export schemes
like Advance License, Duty Entitlement Pass Book Scheme (DEPB),
Duty Free Replenishment Scheme (DFRC) and Export Promotion
Capital Goods (EPCG).
The extensive documentation that is required like ARE-1,
ARE-3, Pre Shipment document, Post shipment document and Bill
of lading can be generated using this package.
This application utilizes the data stored in SAP Master Tables
there by reducing the effort for duplicate data maintenance.
Details pertaining to the Bond Register can also be maintained.
Business Benefits
- Ensures delivery compliance
- Increase transparency
- Comply with legal regulations
- Mitigating risks (cost avoidance of penalties for violating
legal regulations and avoidance of negative publicity).
The solution supports
- Generates all Export documents for International
Trade
- Tightly Integrated with SAP
- Data Maintained in SAP
Conclusion
With OBTEMS, you can lower the cost, and reduce the risk,
of doing business internationally. This solution helps companies
standardize and streamline trade processes across their entire
enterprise and business units.
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