TMCnet News
Tradelink Launches On-demand Global Trade Information Service for its CustomersHONG KONG & EAST RUTHERFORD, N.J. --(Business Wire)-- Tradelink Electronic Commerce Limited ("Tradelink", SEHK: 0536), a provider of trade-related electronic services for Hong Kong and international business communities, announced today a co-operation agreement with Management Dynamics, a leading provider of on-demand Global Trade Management (GTM) solutions, to provide its customers with a service called Trade Wizards. With Trade Wizards, Tradelink customers can access a powerful decision support tool with global trade content that spans 118 countries or roughly 99% of world trade. The challenge for companies in today's global environment is to maintain compliance with complex, ever-changing trade regulations, manage a growing network of trading partner relationships, and still get their product to market at the lowest delivered cost. Trade Wizards addresses this challenge and provides Tradelink customers with instant compliance capabilities and a full audit trail at the touch of a button from any web-enabled computer to: -- Calculate import duties, excise taxes, as well as identify preferential duty rates -- Search for Harmonized Schedule (HS) and Export Control Number (ECN) codes -- Screen for restricted trade parties -- Calculate the total landed cost of each shipment, and -- Determine licensing requirements and trade documents Powered by Management Dynamics, the service is available via the Tradelink portal and requires no software or system integration, saving valuable time and resources. Justin Yue, Chief Executive Officer of Tradelink, said, "With Trade Wizards, our customers can save hours of time and effort in determining the licensing requirements and trade documents for any country of import or export. This information service is another great example of how we make available to our customers value added services that help to improve their operation productivity and efficiency." "We are excited to offer this solution as a way to help companies find accurate answers to tough international trade questions on-demand. With Trade Wizards, the once time-consuming and manual process of interpreting trade rules and regulations is now automated," said Raymond Yuen, Director, Management Dynamics. "This strategic alliance offers us an expansive channel for meeting the demands of our growing Asian customer base. We look forward to establishing a long and fruitful relationship with Tradelink and its customers." Trade Wizards is made available to Tradelink customers following a simple registration process along with online help documentation and 24 x 7 customer support services. Customers will pay a monthly or annual subscription fee for unlimited use of the Trade Wizards service. About Tradelink Electronic Commerce Limited Established in 1988, Tradelink Electronic Commerce Limited ("Tradelink"), a joint venture between the Hong Kong SAR Government and private sector shareholders, is a leading provider of trade-related electronic services for both Hong Kong and international business communities. Over the years, by perfecting its infrastructure and developing services that meet users' practical needs, Tradelink has earned the trust of the trading community and built a superb reputation that underscores its dominance in the public e-trading services sector. It offers a unique range of customer support solutions, designed specifically to help customers gain maximum benefits from e-commerce. It makes the use of electronic services as affordable, convenient and user-friendly as possible for its customers. On 28 October 2005, Tradelink was listed on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 0536). About Management Dynamics, Inc. Management Dynamics is a leading provider of global trade management solutions that improve the performance of global supply chains for importers, exporters, logistics service providers, and carriers. The company's solutions synchronize the flow of information among trading partners, optimize supply chain execution decisions, and streamline import and export processes to ensure regulatory compliance and minimize cost and risk involved in cross-border transactions. Management Dynamics' time-proven solutions are used by more than 13,000 global users at some of the world's most successful 3PLs, carriers, manufacturers, retailers, and high technology companies. For more information, please visit www.ManagementDynamics.com or call (201) 935-8588. |
