The chemical industry transforms raw materials, such as oil, natural gas, metals, minerals and more, into tens of thousands of products for industrial and consumer uses. Many U.S. companies operate internationally with facilities outside U.S. borders; some possess foreign subsidiaries or affiliates. Chemical industry shipments are valued at about $555 billion per year.
To stay competitive, U.S. firms must source production internationally to take advantage of free trade agreements and lower material and labor costs. Yet, they must move products quickly and inexpensively. Global trade management software technology is essential to manage processes – logistics, regulatory, financial – and enhance collaboration among supply chain partners, so goods can reach their destination in a timely, secure and cost-effective manner.
QuestaWeb offers chemical companies an integrated suite of global trade management (GTM) solutions specifically designed to meet their unique needs and requirements. Our global trade management software promotes product movement in the most secure, visible and compliant manner possible, while monitoring applicable laws and preferential programs and advising users on anticipated costs in real time. Built-in flexibility enables QuestaWeb’s global trade management solutions for importers, exporters, foreign trade zone operators/managers, brokers and forwarders to adapt to your business processes, rather than force firms to adopt ours.