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The Digital Supply Chain Needs to Include Trade Compliance Systems!

Logistics Viewpoints

At its heart a GTC is not just a governance tool, it is a critical tool for risk management. Treasury’s Office of Foreign Assets Control (OFAC) 50 Percent Rule imposes sanctions on companies with combined ownership by (“blocked”) parties of 50 percent or more. For example, the U.S.

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Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

So that’s the route we’re taking in this article, exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. I guess that’s why we called it route planning and not route optimisation.” Book a free consultation.

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EAR99 – US Export Control Basics

Globalior

It is essential to check the Treasury Department’s Office of Asset Control (OFAC) website regularly for an updated information. This also offers necessary training tools for new employees. Furthermore, there are also meticulous restrictions like the ones against Russian industries and the Crimean region of Ukraine.