In addition, Nestle has selected TradeSphere Transit & Statistics as its automated system for speeding and securing the movement of goods within the European Union. Vastera’s solution helps companies comply with the EU’s New Computerised Transit System (NCTS), an initiative designed to provide better management and control of the electronic declarations, regulation and processes associated with intra-European trade.
Globe’s principal purpose is to improve the performance and operational efficiency of Nestle’s businesses worldwide. “Vastera’s TradeSphere solutions are a perfect match for Nestle as the Globe project is designed to increase operational speed and flexibility, facilitate innovation and improve efficiencies,” says Tim Davenport, president and CEO of Vastera. “Our solutions automate the management of complex, ever-changing export documents and controls, thereby enabling Nestle to simplify its export process and operate more cost effectively, in compliance with government regulations.”