“As we grow we need to keep our organization lean and efficient so that our customer response time does not suffer. By implementing GT Nexus we improved visibility and process flow, which enabled us to manage our growth effectively. We partner with our vendors to run a supply chain that …

“By adopting the Supplier Financing program, Tata Accesorios Globales gets paid faster at better terms and no longer endures high borrowing costs and hidden fees imposed by local banks.”

“The GT Nexus platform has helped provide transparency across our supply base on procurement spend-by-vendor. Although this sounds very basic, we can now retrieve this information in a matter of minutes versus in the past, when this was a very manual and time consuming process supported by numerous Excel spreadsheets …

“We rely on GT Nexus for payment settlement. By using GT Nexus to manage our supply chain, we have become more efficient in handling the shipping documents. Hence, manpower is saved. The accuracy of documentation has been improved.”

“There are very limited avenues to get finances. It is very helpful when buyers extend supply chain finance arrangements which enable exporters to get fund at optimum cost and rotate money faster.”

"IFC provides suppliers in emerging economies with access to competitively priced financing through our Global Trade Supplier Finance (GTSF) program. This allows program members to sell invoices to IFC for early payment on a “true sale” non-recourse basis at rates based on their customer’s credit rating."

“One of the key things we were looking for— right off the bat—was adding value through reducing complexity and being able to streamline some of our core processes."

"Our new cloud visibility system from GT Nexus coordinates the flow of finished goods from the factory to nominated carriers while supporting logistics constraints and customer requirements"

“The company made some big bets, and not at the most usual times. From a supply chain perspective, that’s a fun problem to have, to have to put these things together.”

“As you grow volume, complexity, products, and SKUs, [there’s] the sheer volume of data you need to manage through the value chain.”

"The devil will be in the process rather than in the incentive."

"The GT Nexus software allows for a balcony view of the status of shipments and payments. Suppliers are clear... we’re clear. And payment is executed on time."

"We would have never been able to grow from where we were to where we are today without the use of this trade settlement system."

"GT Nexus comes with a pre-connected community of industry providers who are already active on the platform supporting other large shippers. That is a significant advantage."

“GT Nexus has helped bring our international transportation management into the 21st Century. We didn’t have to pay upfront and install a huge system before knowing if it was the right thing for us. And, we saw a significant reduction in our ocean transportation spend within even the first year.”