The Best Global Trade Management Software of 2024

a warehouse manager using a global trade management software on a tablet for operations
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SafetyCulture

SafetyCulture (iAuditor)
Audit app

Rated 4.6/5 stars on Capterra from 183 ratings

SafetyCulture logo

Why use SafetyCulture?

SafetyCulture is a powerful and flexible solution that equips supply chain, procurement, and logistics managers with a platform to manage suppliers, monitor inventory, and successfully adapt to the global trade’s complex and ever-changing landscape. With SafetyCulture, they can streamline their processes, ensure compliance with regulations, and stay ahead of the competition in today’s fast-paced business environment.

Features:

  • Monitor supplier performance and assess their ability to meet standards for timely delivery and quality of sourced assets by conducting regular inspections and compliance checks using standardized checklists and templates.
  • Coordinate with multiple suppliers and partners using Heads Up to share real-time updates and relevant documents.
  • Streamline manual procedures and information sharing across functions for efficiency through automated workflows and integrations with existing systems.
  • Make informed decisions and improve supply chain processes with real-time visibility into the movement of goods from the platform’s customizable dashboard.
  • Identify bottlenecks, concerns, and areas for improvement in supplier management with a systematic reporting mechanism. Create and complete actions to recommend, assign, and resolve them.

Why use PartnerLinQ?

PartnerLinQ seamlessly connects supply chain networks, channels, marketplaces, and core systems worldwide for unified connectivity. Additionally, the platform provides businesses with a configurable and flexible approach with an easy-to-use interface, easing partner onboarding and providing built-in alerts for enterprise network transactions in a cost-efficient and scalable manner.

Features:

  • Network visualization
  • Intelligent planning and forecasting
  • Actionable insights

Why use Zonos?

Zonos simplifies international commerce, providing scalable technology to make it accessible. The platform empowers businesses to control their cross-border trade, including duties, taxes, restricted items, foreign payments, fraud mitigation, and accurate international shipping rates at checkout.

Features:

  • Automated tax compliance
  • Full country compliance
  • Currency conversion

Why use ImportYeti?

ImportYeti helps you find the best suppliers for each product by using customs data to quantify their performance. The platform collects and organizes US customs sea shipment data into charts, maps, and sections, making it quicker and easier to find the right supplier.

Features:

  • Market data access
  • Supplier analysis
  • Competitor analysis

Why use Trademo?

Trademo is a global merchandise trade data intelligence platform used by importers, exporters, logistics companies, and trade consulting firms. The platform collects daily trade data from authentic sources, such as customs, financial data providers, the UN, the Census Bureau, etc. This data is processed to build a global supply chain knowledge graph and generate valuable customer insights.

Features:

  • Global trade compliance
  • Trade reference
  • Product master

Why use Descartes Datamyne?

Descartes Datamyne enables organizations to access and analyze global market intelligence data for supply and distribution improvement, resource allocation, performance benchmarking, and supply/demand trend forecasting. Users can rank business data by country or product, view import/export data, and analyze global trade rankings. It also offers sidebar filters, bill of lading searches, PDF export, alerts, and more.

Features:

  • Historical trade data
  • Automated email alerts
  • Reporting

Why use Panjiva?

Panjiva by S&P Global Market Intelligence is a software that brings transparency to global trade. With global coverage, machine-learning tech, and dynamic data visualizations, the platform provides unmatched insights for supply chain decision-making. Additionally, Panjiva helps find business partners, track competitors, or uncover investment signals.

Features:

  • Competitive insights
  • Risk analysis
  • Sales leads

Why use ImportKey?

ImportKey is a platform that grants access to US import and export data, trade and customs records of millions of companies, and supply chain relationships. It helps businesses identify new customers, secure suppliers, and conduct client economic analysis.

Features:

  • Supply chain management
  • Expense reporting
  • Data integration

Why use Alpega TMS?

Alpega TMS is a valuable solution for manufacturers and retailers seeking to digitize their logistics processes. The platform offers an exceptional end-to-end transportation management system with modular solutions for efficiency, cost savings, visibility, and sustainability benefits.

Features:

  • Smart booking
  • Reusable packaging management
  • Transport planning

Why use Luminate Platform?

Blue Yonder’s Luminate Platform benefits global trade businesses by improving visibility, collaboration, and synchronization across the supply chain network. It simplifies supply chain management and uses AI to make faster, smarter decisions. The AI-powered tool increases planner productivity and provides recommendations, predictive insights, and intelligent decisions to impact supply chain outcomes.

Features:

  • Inventory optimization
  • Supply chain planning
  • Promotion planning

What is Global Trade Management Software?

Global Trade Management (GTM) software is a system or platform that helps companies manage and streamline their international trade processes. GTM software can help automate and optimize trade-related workflows, reducing manual errors, improving efficiency, and ensuring compliance with complex global trade regulations. It provides companies with the tools and functionalities to handle import and export compliance, trade documentation, customs management, logistics coordination, and trade finance.

Benefits

There are numerous benefits to using global trade management software for businesses engaged in international trade. Here are some key advantages:

  • Streamlined processes – Global trade management software automates and centralizes trade-related processes like import, export, compliance, documentation preparation, and customs clearance. This improves efficiency, eliminates errors, and saves time.
  • Enhanced compliance – Trade regulations and compliance requirements can be complex and ever-changing. Global trade management software helps businesses stay updated, ensuring compliance with trade laws, customs regulations, export controls, and sanctions. This reduces the risk of fines, penalties, and reputational damage from non-compliance.
  • Risk mitigation – Trade management software offers tools to assess and mitigate risks in global trade. It helps identify potential risks like supply chain disruptions, compliance violations, tariff changes, or geopolitical issues. By proactively managing risks, businesses can mitigate losses and make informed decisions.
  • Cost savings – Global trade management software optimizes trade processes, automates manual tasks, and reduces operational costs. It minimizes paperwork, eliminates redundancy, and improves resource allocation. Moreover, the software identifies opportunities to reduce duties and taxes, qualify for preferential trade programs, and optimize logistics, resulting in significant cost savings.
  • Increased visibility and control – GTM offers real-time visibility into trade operations, allowing businesses to track shipments, monitor inventory, and analyze trade data. This visibility enhances decision-making, enables proactive compliance monitoring, and improves supply chain management. Businesses can swiftly respond to operational changes or disruptions with control over trade processes.
  • Scalability and growth – As businesses expand globally, trade management software offers scalability to handle rising trade volumes, complexities, and regulatory requirements. By integrating with ERP or CRM systems, this software supports seamless expansion and growth, ensuring efficient trade operations across multiple locations.
  • Competitive advantage – Global trade management software helps businesses gain a competitive edge by optimizing operations, reducing costs, and enhancing compliance. It enables them to focus on core competencies, improve customer service, and explore new markets without the burden of trade-related complexities.

Key Features

Global trade management software offers key features that significantly improve business operations. Here are the essential features to look for when choosing the best global trade management software:

  • Compliance management
  • Import and export documentation
  • Supply chain visibility
  • Trade analytics and reporting
  • Integration with other systems
  • Automation and workflow management

Choosing the Best Global Trade Management Software

The best global trade management software can help supply chain and logistics managers achieve greater control, visibility, and cost savings. To help with the selection process, the table below highlights free versions, pricing, and mobile app availability:

Global Trade Management Software Free Version Paid Plan Mobile App
SafetyCulture Yes $24/user/month* Yes
PartnerLinQ None Custom pricing None
Zonos None $3,000/year None
ImportYeti Yes Contact vendor for pricing None
Trademo None Custom pricing None
Descartes Datamyne None Contact vendor for pricing None
Panjiva None Custom pricing None
ImportKey None $15/month* None
Alpega TMS None Custom pricing None
Luminate Platform None Custom pricing None

* billed annually

Rob Paredes
Article by

Rob Paredes

SafetyCulture Content Contributor
Rob Paredes is a content contributor for SafetyCulture. Before joining SafetyCulture, he worked as a financial advisor, a freelance copywriter, and a Network Engineer for more than a decade. Rob's diverse professional background allows him to provide well-rounded, engaging content that can help businesses transform the way they work.