Practical Guide to SAP GTS: Part 2: Preference and Customs Management – GOOD

Practical Guide to SAP GTS: Part 2: Preference and Customs Management – GOOD

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Welcome back to our Practical Guide to SAP GTS series! In Part 2, we will be focusing on Preference and Customs Management within SAP GTS.

Preference Management allows companies to manage the rules and regulations related to preferential trade agreements, such as free trade agreements, to ensure compliance with specific requirements and take advantage of duty savings.

Customs Management, on the other hand, helps companies manage the complex customs processes involved in importing and exporting goods, including customs duties, tariffs, and trade barriers.

In SAP GTS, these modules work together to streamline and automate the process of managing preferences and customs requirements, helping companies reduce costs, improve compliance, and increase efficiency.

Stay tuned for Part 3 of our Practical Guide to SAP GTS, where we will dive into Trade Compliance and Risk Management. Thank you for reading!
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