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SD Foreign Trade vs. SAP Global Trade Services (GTS)

by vinaysingh | Saturday, August 25, 2012 in |

I was discussing with one of  my customer  regarding implementing Global  Trade Service (GTS) and he asked my why should he choose GTS and not  use SAP Foreign Trade that is already  in ECC SD.

I have tried to reason out  few of the features that give an Edge ,why customer should go for GTS .Hope the
justification would help to take a call if they should implement GTS or not.

SAP Global Trade Services (SAP GTS) automates global trade processes and enables you to manage large numbers of business partners, and high volumes of documents while also helping you to comply with changing legal regulations.
It facilitates gloabl trade by providing you with the tools you require to respond to governments modernizing their systems and to customs authorities communicating electronically with businesses.

SAP GTS also helps you to avoid costly delays in your import and export processes and allows you to respond quickly to global business opportunities while mitigating financial risks."
 
SAP GTS key benefits :-
 
1) Ensure vigilant compliance with trade regulations

2) Mitigate risks of huge fines and penalties

3) Avoid costly shipment delays at borders and customs

4) Quick implementation

5) Lower IT maintenance costs

6) Faster Communication with customs

7) Lot of return of investment

SAP GTS consists of Four Sub Solutions:-

 SAP  Compliance Management :-

contains all the functions relating to import and export control.


This sub solution allows you to monitor procedures that are subject to licensing requirements and to comply with legal regulations that restrict or even prohibit trade with individual states, political groups, and individuals.
The SAP Compliance Management sub solution consists of the services below:

• Embargo Check

• Sanctioned Party List Screening

• Product-Related Check (“Legal Control”)

All check functions are available in import and export processing. You can activate the individual services independently of one another.


SAP Customer Management :-

supports customs procedures.
The focus is on the connection to electronic customs procedures and printing accompanying documents. There are also additional functions for goods classification.

SAP Customs Management comprises the two services below:

• Customs Processing

• Transit Procedure

The “customs processing” service supports specific electronic customs declaration procedures and the printing of customs documents.

The “transit procedure”service allows you to use the New Computerized Transit System (NCTS) in Belgium, Germany, FR, UK, NL, Austria, SW and Slovenia, by enabling you to electronically process this particular customs procedure.

SAP Risk Management:-

has been added to SAP GTS 3.0.
This is used for preference determination and the management of vendor declarations in relation to the issue of preference documents.
It also supports the export of CAP products that qualify for a refund. The letter of credit administration has been added to SAP GTS 7.0.

The SAP Risk Management sub solution offers the services below:

• Preference Processing

• Letter of Credit Processing

• Restitution

The “letter of credit processing” service enables you to manage

letters of credit in SAP GTS

SAP Electronic Compliance Reporting :-

is a new addition to SAP GTS 7.1.

This enables the regular issue of declarations for intra-European Union trade statistics (Intrastat).

consists of a service to issue Intrastat declarations.


Functionalities of  Foreign Trade with ECC and Global Trade Services :-  
** copied from various sources.
 
Sanctioned Party List  Screening comparision :-  
 
 
License determination comparision :-
 
 
Import /Export Declaration Comparision :-
 
 
The Above comparisions gives the advantage of GTS over Existing FT SD in ECC.

SAP Global Trade Services helps companies manage all complexities of international trade including full regulatory compliance, interactions with customs and management of risk while trading on a global basis.


The SAP Global Trade Services (SAP GTS) packaged composite application is built on the SAP NetWeaver platform, an open and scalable technology platform.

SAP GTS consists of separate modular components: SAP Compliance Management, SAP Customs Management, and SAP Risk Management.

These components give businesses a competitive advantage by helping them speed import and export processes, mitigate risks, and comply with international regulations.

19 comments:

  1. magnifictraining on August 12, 2013 at 4:31 PM

    Valuable information and excellent design you got here! I would like to thank you for sharing your thoughts and time into the stuff you post!!
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  2. BASIS LABS on January 25, 2014 at 2:49 PM

    nice post thank you

     
  3. yektek on January 28, 2014 at 3:40 PM

    really great information from you thanks a lot

     
  4. SinduBindu com on January 30, 2014 at 1:03 PM

    very useful information swathi

     
  5. yektek training on February 15, 2014 at 5:09 PM

    good information really thanks

     
  6. yektek.com on March 13, 2014 at 4:25 PM

    Excellent information and very nice thank you Latha Pallavi

     
  7. Subra Manian on May 28, 2014 at 9:13 PM

    Does GTS address issues related to Country-of-Origin (both from Import standpoint and Export standpoint), particularly if we source the same material from vendors in 2 different countries?

     
  8. Subra Manian on May 28, 2014 at 9:14 PM

    Does GTS address issues related to Country-of-Origin (both from Import standpoint and Export standpoint), particularly if we source the same material from vendors in 2 different countries?

     
  9. vinaysingh on June 1, 2014 at 3:45 AM

    Hello shubra,

    Yes it does solve the issue.

    Do let me know if you need to know the concept in detail.

     
  10. Parkin Charlo on June 3, 2014 at 2:56 PM

    Hi
    SAP Global Business Services (SAP GTS) performs global trade operations and enables you to handle large numbers of organization partners, and large lists of papers while additionally helping you to adhere to changing legitimate regulations.Smartmind Teaching Start offers sapgts online training
    class with substantial skilled school through global intelligent like Asia, USA, UK, Italy, Singapore, Sydney, Europe, Dubai key cities of the countries.
    All our students were Pleased With our online education and able to discover Careers easily Europe. Online instruction is Best solution to master SAP GTS at your home with versatile Timings & your one-stop.

     
  11. Priya Y on June 4, 2014 at 12:20 PM


    SAP GTS TRAINING is which is the abbreviation of Global Trade Services helps in automating the global trade processes and facilitates in managing large number of business partners associated with your business along with high volume of documents. It also helps to comply the changing legal regulations.

    SAP GTS ONLINE TRAINING

     
  12. Priya Y on June 4, 2014 at 12:20 PM


    SAP GTS TRAINING is which is the abbreviation of Global Trade Services helps in automating the global trade processes and facilitates in managing large number of business partners associated with your business along with high volume of documents. It also helps to comply the changing legal regulations.

    SAP GTS ONLINE TRAINING

     
  13. Priya Y on June 5, 2014 at 12:30 PM

    Hi sir, you provided good info on all sap modules. You are having very good experience in sap that can be seen in your info. I too a SAP GTS professional, we provide standard online training on SAP GTS.
    SAP GTS ONLINE TRAINING is which is the abbreviation of Global Trade Services helps in automating the global trade processes and facilitates in managing large number of business partners associated with your business along with high volume of documents. It also helps to comply the changing legal regulations.
    SAP GTS ONLINE TRAINING

     
  14. Ramya Parvathaeni on July 26, 2014 at 1:48 PM

    Hello Sir,
    I have seen your info on sap.. Especially on sap. The info you provided is very useful for any interested on sap. I am very much satisfied with your info.
    SAP GTS ONLINE TRAINING

     
  15. Sasi Kanth on August 2, 2014 at 5:00 PM

    Hi sir
    You provided good information on SAP SD it is very usefull to SAP SD Learners. Which is one of the oldest and larget in SAP Functional Modules.we used SAP SD to perform Business Operations,Cofiguration,Integration and handle every processes from order to delivery.We providing SAP SD Online Training

     
  16. Priya Y on August 2, 2014 at 7:23 PM

    I feel it is right place to get info on SAP GTS. This was really something, I had been looking for days. Too excited to view your other blogs on SAP GTS.
    SAP GTS ONLINE TRAINING

     
  17. kbs training institute on September 15, 2014 at 11:02 AM

    this is the right place to get learn sap gts .thanks for providing such a nice information sap sd online training

     
  18. SAP TUTOR on October 29, 2014 at 11:26 AM

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  19. Daniel Mason on December 1, 2014 at 10:58 PM

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