SAP GTM Training | GTM Online Training Course

SAP GTM TRAINING
www.sapidestrainings.com
info@sapidestraining.com / +91 8121 020 888

About SAP GTM:
SAP Global Trade Management (GTM) has
been developing since the year 1992. This
product is older than you think. Most of
people confused this with SAP Global
Trade Services (GTS), these are completely
difference products & comes from different
background. As of ERP 6.0 both products
can be integrated though. The SAP GTM is
developed at the top of SAP SD / MM . It
is a logistics solution or the functionalities.

Overview On SAP GTM:
SAP Global Trade Management in short called as SAP GTM, It is a license free
component of the SAP ERP.
On the other side, GTS is a former Foreign Trade module in R/3 & it is mainly focused
on the specific trading business steps / processes i.e. on Export and Import.
SAP GTM allows you to integrate & streamline the sales as well as the purchasing
processes both effectively & economically.
To elaborate it detail, for example if your company has a business unit, which sourcing a
product or an service internally or externally & sell (purchasing), distribute it to internal or
external customer (sales), Then SAP GTM could be a perfect SAP module to realize that
business processes in the SAP.
By using SAP GTM you will get an better overview of your trading business, for
example documents flow, status of specified business & the completeness, as well a profit
simulation & much more. In SAP GTM the handling for documents & the processes are
simplified compared to SAP SD & SAP MM, because the amount of document numbers
and transactions for necessary work can be reduced.
A company that deploys an global trade management software system can reduce the
costs, risks & delays associated with manual compliance & also tracking efforts.

Importance of SAP GTM :
It 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.
It contribute to bottom-line savings through duty
minimization opportunities

The SAP GTM consists of 4 different main
functionalities:
1.Trading Contract (T/C):
2. Trading Execution Workbentch (TEW)
3. Trading Expenses.
4.Position Management

1.Trading Contract (T/C): When you have decided to develop GTM,
you need a logistics document, the trading business is simply you buy
something and sell it to someone else. It is Obvious that you need a sales
order for customer as well as a purchase order for a vendor or supplier
side.
So neither the SAP sales order (S/O) nor the SAP purchase order
(P/O) are enough to fulfill trading business process as a starting point.
We need a document which has the capability to store both the sales as
well as purchase data both & create a S/O & a P/O as subsequent
documents, yes, that is T/C.
T/C as a nature can creates a S/O and several P/Os at item level and
automatically in background with ONE Click. Not only the document
creation but also you have an online profit simulation, open
order and delivery control and so on. Since T/C has sales and purchase
both side data into one document, you don’t have to go to S/O and P/O
back and forth to check business data, you can check everything in one
single document.

2. Trading Execution Workbentch (TEW) : After creating an sales
order (S/O) & purchase orders (P/O) from T/C, The SAP GTM
user uses the TEW which is a workbentch transaction to manage
logistics execution.
So What does logistics execution exactly means?
The logistics execution means Goods Receipt (G/R), Inbound
and Outbound Delivery, Billing , Logistics Invoice Verification in SAP.
Trading is a chain process from purchasing a product & selling it and has
to be streamlined. If you are an trader (user), do you remember each
transaction code and process the documents? Answer : Of course not.
You really need one screen to finish everything you need to do, so that
is why gtm has developed TEW. Once an user enter basic parameters,
TEW try to search a target document to process , selecting target
documents & pressing ‘Execute’ button.

3. Trading Expenses :
Here it maintains planned & unplanned additional
costs nothing but the trading expenses directly in the
trading contract. This process will do a head while
creating or changing the trading contract, but also at
later moments within the follow-on documents of the
process. It will probably maintain the expenses in the
trading contract.

4.Position Management :
This is the last key functionality or the component of
GTM called ‘Position Management’ . The Position
Management allows you to associate sales & purchase
data intentionally. This is how it works, when you buy
a product & create a purchase only trading contract,
system populates a popup screen which includes ALL
possible entries such as sales only trading
Contract, Sales Order, Outbound Delivery, etc.
then you can associate with you purchase item. And
you can select one or many items from the list &
associate it.

SAP GTM Training Course Content :
Multiple quantity units
Multiple currencies
Price calculation for the trading transactions
Partner functions
Portfolio assignments
Control of the open logistics documents
Incompleteness checks
Status and approval management
Copy controls
Text managements
Contracting
Quantity verification
Risk assessment
Document flow
Central output control
Supplier evaluation

For More Information Visit us @ :
http://www.sapidestraining.com/sap-gtm-training/

Thank You…!

SAP GTM Training | GTM Online Training Course

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SAP GTM Training | GTM Online Training Course