Supply Chain Insights recently conducted a study to gain a better understanding of how well GTM software is used. The average study respondent is a supply chain professional in North America working for a manufacturer with $4.5 billion in revenue. Over 90% of the respondents import and export goods; however, the software is only used to manage trade for 11 out of 19 of countries involved in exports. The top countries for the respondents to export and manage shipments from are the United States, China, Mexico, Germany, and England.
In the average company, there is not one solution; instead, the average company has solutions from three different providers. Unlike other software, there is a high satisfaction rate with GTM. In the study, 67% of users were satisfied with their GTM software, reporting a return on investment (ROI) of thirteen months, with 70% of respondents stating that they had achieved a ROI.
Download the resulting report, Imports & Exports Made Easier with Global Trade Management Software, for a closer look at:
How effectively respondents are managing imports and exports
The implementation of GTM software
The use of and satisfaction with trade content
- Recommendations for GTM success
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