GTM-GLOBAL-TRADE-MGMT
Software for customs and trade compliance.
Definition
GTM market led by Oracle GTM, SAP GTS, Descartes GTM, e2open GTM, Thomson Reuters ONESOURCE Global Trade. CHAMP, NCTS, ACE (US CBP), AES connectors, etc. Daily sanctions update (OFAC, EU, UN).
Origin
GTM category emerged post-9/11 (security regulations).
Example in context
Apple uses SAP GTS to clear OFAC sanctions on every export customer order.
Related terms
- WCO Data Model — customs model.