SAP GTM Training Introduction:
SAP GTM Online Training is a module of SAP ERP as well as SD (Sales Distribution) and MM (Material Management) modules.SAP Global Trade Management Training have been developing and enhancing by SAP. SAP GTM Training allows you to integrate and streamline sales and purchasing processes effectively and economically. The SAP GTM is developed at the top of SAP SD / MM as you know and put. It is a logistics solution or the functionalities.
SAP GTM Training could be a perfect SAP module to realize that business processes in SAP. Global Online Trainings offers online SAP GTM Training for individuals and corporate batches. The entire training session are conducted by SAP professionals with real banking industry exposure. SAP GTM Training Module not only offers exceptional business insight it helps in enjoying great rewarding career in terms of growth prospect.
SAP GLOBAL TRADE MANAGEMENT ONLINE TRAINING COURSE CONTENT
TOPIC 1: MA 14 PROCESS
- Trading Contract Management
- Expense Management
- Trading Execution Management
- Position Management
- Risk Management
TOPIC 2: BORNESS SCENARIO MAPS
TOPIC 3: GLOBAL TRADE MANAGEMENT ASSOCIATION PROCESS
- Create tracing contract (Purchase-sided)
- Create trading contract (sales-sided)
- Association
- Plan expenses
- Coned profits & loss
- Initiate currency heading
- Hedge currency
- Cash flow Planning
- Create Sales order and Purchase order
TOPIC 4: MULTIPLE QUANTITY UNITS
TOPIC 5: PARTNER FUNCTIONS -SAP GTM TRAINING
TOPIC 6: GLOBAL TRADE MANAGEMENT: BACK-TO-BACK TRADING
PROCESS
- Create trading Contract (Back-to-Back)
- Plan Expenses
- Create Profit & Loss
- Create sales order & Purchase order
TOPIC 7: GLOBAL TRADE MANAGEMENT: LONG POSITION TRADING
PROCESS
- Hedge commodity
- Create purchase order
TOPIC 8: GLOBAL TRADE MANAGEMENT START POSITION TRADING
PROCESS
- Create sales order
Importance of SAP GTM :
- SAP GTM Training speed up the outbound & inbound customs clearance, by reducing unnecessary delays
- Minimize fines & penalties from trade compliance violations
- It protect company brand & image, & it avoids trade with sanctioned or denied parties
- It eliminate time-consuming, manual compliance tasks & boost the productivity with automation. More of its importance can be learned as a part of SAP GTM Training.
- It contribute to bottom-line savings through duty minimization opportunities.
Conclusion About SAP GTM Training:
Trading is a business of buying the product from one source and sell it to the customer by keeping higher margin. The business can happen domestically (or) globally. In the trading environment, it is necessary to control and organize the flow of materials and services from vendors to customers. The principle of the business is to match demand from the customer with supply from the vendor. This type of business is known as triangular business, principal business, or back-to-back business. The industry defines this type of business as business where purchasing and sales are carried out in parallel, in the same trading department.
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