App Hub / Commodities / Export Trade Digitalization App

Export Trade Digitalization App

Optimize order-to-cash flow processes for overseas exports with real-time collaboration and end-to-end visibility help manage exceptions during order fulfillment, preventing service rate and revenue loss.

Overview

Exporting products to global markets is challenging due to unexpected disruptions, multiple parties, manual information flow, and inefficiencies at the enterprise level. Organizations struggle with outdated, siloed systems, causing delays and revenue loss.

Advanced digital technologies, such as blockchain, AI, and machine learning can address these pain points:

Inefficient collaboration among internal business functions (Sales, Manufacturing, Finance, Warehousing, Logistics).
Manual, non-standardized export processes involving various data/documents (Purchase Order, Delivery Order, Customs Invoice, Export License, Bill of Lading, Sales Invoice, Good Receipt Note, Shipping Instructions, INCO Terms, etc.).
Poor coordination between sales and distribution channel partners and related ecosystem (Custom House Agent, Transporter, Inspection agency, etc.).
Lengthy, manual paper-based invoice processing cycle times.
Time-consuming manual reconciliation and matching for document submissions and customer payments.
Limited visibility into third-party risk management, extended supply chains, and compliance with multi-geographic jurisdictional requirements.
Restricted capability to analyze performance across Sales Channels and categories.

Can’t find what you need? We’ll build it for you.

We can create a custom, block-chain-driven app to solve your unique supply chain orchestration challenges in as little as 6-weeks.

App Features

Simplify the order fulfilment process for overseas exports to improve customer relations and reduce cycle time.

Enhance collaboration with multiple parties in multiple geographies to improve user-efficiency and end-user experience.

Enforce effective, risk-free contracts across distributors and customers in multiple geographies.

Increase visibility and transparency across the digital network of customers to reduce unfulfillment rates and release working capital.

Secure real-time information on the status of order fulfilment with status flags to enable quick triage of operational issues and optimized shipping of finished goods in line with order promise date.

Streamline the exportation process for multiple distributors and customers across multiple geographies in a digital network with focused operational insights.

Maintain an accurate data and digital document repository with auditability across functional departments and ecosystem participants.

Generate real-time reports and securely track order fulfilment with verified documentations and certifications as tamper-proof digital records for future use and compliance.

Business Benefits

OTIF (On Time in Full) improvements by 10-15%

Reduced order fulfilment processing time for export process by 60-70%

A single source of truth with immutable tracking maintained in real-time

Increase in Revenue by 20-30% connecting the multiple parties with the real time information flow

Business Value to each of the parties involved within the export trade process with visibility and transparency to avoid disruptions

Accurate data and digital document repository with auditability across functional departments and ecosystem participants.

Real-time reports and secure tracking of the origin of goods and the chain of custody with verified documentations and certifications as tamper-proof digital records for future use and compliance.