SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Precision, an
industry-leading provider of global trade management and
transportation execution software, has announced the newest release of
its Global Trade and Transportation
Execution (GTTE) solution, with capabilities to simplify and
enhance global import and export processes. The upgrades will improve
visibility and connectivity of operations throughout the supply chain.
QAD Precision is a division of QAD Inc.
QAD Precision GTTE now provides support for enterprises to
proactively manage supply chains with 360-degree visibility and alerts
into the status of both imports and exports, including:
QAD Precision delivers a Foreign-Trade Zone (FTZ)
solution. By leveraging the U.S. Foreign-Trade Zone program,
manufacturers and distributors can successfully establish and manage
foreign-trade zones and bonded warehousing operations to lower
importing costs, enhance inventory control and improve supply chain
flexibility. QAD Precision FTZ ensures compliance with the complex FTZ
regulations regarding inventory control while streamlining processes,
thus lowering FTZ administration costs.
“To thrive in an increasingly disruptive world, multinational
enterprises need visibility and connectivity across their entire
supply chain. They need to connect with suppliers, customers,
partners, regulatory bodies and carriers for real-time collaboration
and data-driven insights. QAD Precision GTTE empowers organizations to
be flexible and responsive to today’s challenges — and, more
importantly, tomorrow’s,” said QAD Precision President Corey Rhodes.
In addition to FTZ, the new release also includes enhancements to QAD Precision Import
Management, Export Management and Transportation Execution. This
includes integrations with key customs brokers for the electronic
filing of product classification and import entry data.
With QAD Precision GTTE, shippers can prepare for changes to U.K.
import and export regulations. The solution offers connectivity to HM
Revenue & Customs’ new Customs Declaration Service, which is due
to become operational in March 2023.
Furthermore, U.S. shippers can now access an expanded network of
less-than-truckload (LTL) carriers in the U.S. The solution’s
automated routing guide will evaluate different shipment modes and
make recommendations regarding the most cost-effective carrier to meet
the delivery requirements.
“No matter where a company is on the path to digitizing and maturing
their global trade and logistics operations, QAD Precision can help,”
added Rhodes. “We welcome the opportunity to discuss how our
end-to-end solution can help you extend your reach by leveraging our
global network of carriers, connect to supply chain partners, remove
complexities, thereby unlocking value and decreasing cost.”
About QAD Precision – Trusted Global Trade and Transportation Execution
QAD Precision, a division of QAD Inc., provides industry-leading global trade compliance, and
execution solutions from a single, integrated platform. An
ISO-certified company, QAD Precision assists companies to streamline
their import, export and transportation
operations, optimize deliveries, and increase logistics ROI. QAD
Precision’s scalable and extensible solution easily integrates with
existing ERP and WMS solutions. Industry leaders in every region of
the world rely on QAD Precision’s global support centers to leverage
thousands of carrier services and manage millions of global trade and
shipping transactions every day. For more information about QAD
Precision, visit www.qadprecision.com.
About QAD – Enabling the Adaptive Manufacturing Enterprise
QAD Inc. is a leading provider of
next-generation manufacturing and supply chain solutions in the cloud.
Global manufacturers face ever-increasing disruption caused by
technology-driven innovation and changing consumer preferences. In
order to survive and thrive, manufacturers must be able to innovate
and change business models at unprecedented rates of speed. QAD calls
these companies Adaptive Manufacturing Enterprises. QAD solutions help
customers in the automotive, life sciences, consumer products, food
and beverage, high tech and industrial manufacturing industries
rapidly adapt to change and innovate for competitive advantage.
Founded in 1979 and headquartered in Santa Barbara, California, QAD
has 30 offices globally. Over 2,000 manufacturing companies have
deployed QAD solutions including enterprise resource planning (ERP), demand and supply chain
planning (DSCP), global trade and transportation execution (GTTE) and
quality management system (QMS) to become an Adaptive Manufacturing
Enterprise. To learn more, visit www.qad.com or call +1
805-566-6100. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.
“QAD” is a registered trademark of QAD Inc. All other products or
company names herein may be trademarks of their respective owners.
QAD Precision Chris Caouette
QAD Inc. Kristin Poulton Public Relations 805-566-6000
Evan Quinn Analyst Relations 617-869-7335