FREE Stanford Research Report– How Enterprises and Trading Partners Gain from Global Trade Management
A New Process Model for the China-to-US Trade Lane
A Research Summary co-authored by Stanford University and TradeBeam
The Stanford Trade Process Model, or STPM, enables users to estimate the benefits of IT-Enabled GTM at the individual process step level for over 100 separate process steps. Our analysis — which focuses on the apparel industry in the China-US trade lane — is based on estimates of both current process step times and reduced times due to IT-Enablement.
Under reasonably conservative scenarios, excluding IT-Enablement implementation costs, we estimate dollar savings as follows:
- up to 2.4% in Annual Sales for Exporters (representing an increase in Annual Profit up to 40%)
- up to 2.2% in Annual Sales for Importers (representing an increase in Annual Profit up to 37%)
