What is New Computerized Transit System in SAP SLL - Global Trade Services?

SAP Term: New Computerized Transit System

• Component: SLL

• Component Name: Global Trade Services

• Description: Europe-wide system, based upon electronic declaration and processing, designed to provide better management and control of transit. It involves all EU Member States, the EFTA, and V4 countries 22 countries in total.

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• Key Concepts: 
  New Computerized Transit System (NCTS) is a component of SAP’s SLL Global Trade Services (GTS) suite. It is a comprehensive solution for managing the movement of goods across international borders. It provides a single platform for managing customs declarations, export and import control, and other related processes. 
  
  How to use it: 
  NCTS can be used to manage the entire process of international trade, from the initial declaration of goods to the final delivery. It provides a single platform for managing customs declarations, export and import control, and other related processes. It also provides tools for tracking shipments, monitoring compliance with regulations, and managing risk. 
  
  Tips & Tricks: 
  When using NCTS, it is important to ensure that all data is accurate and up-to-date. This will help to ensure that all processes are completed in a timely manner and that any potential risks are minimized. Additionally, it is important to ensure that all relevant documents are in order before submitting them to customs authorities. 
  
  Related Information: 
  For more information on NCTS and SLL Global Trade Services, please visit the SAP website at https://www.sap.com/products/global-trade-services.html. Additionally, there are many resources available online that provide detailed information on international trade regulations and best practices.