Middle market companies are commonly at a disadvantage in managing global sourcing, custom duties, export compliance and changing trade agreements. Internal teams may not have the depth, expertise or bandwidth to have full command of the requirements, risks and ramifications of changing trade agreements for moving goods around the world.
Resulting challenges frequently include:
- Having the proper data and systems to ensure coordination and cooperation among suppliers and customers in distant markets
- Making sense of increasingly complex and fast-changing government regulations and laws
- Obstacles to lower transactional costs
Taken together, they can lead to supply chain inefficiencies, higher costs and greater risks. To meet these challenges, RSM can help you develop and implement a comprehensive global trade strategy that delivers sustained value for your business. With our experienced professionals, modern digital solutions and analytical tools, we can help you to realize cash savings and streamline cross-border processes while increasing import and export compliance.