
Strategic Trade Management
Strategic Trade Management is a business approach that involves planning and controlling international transactions to optimize profits while complying with legal regulations. It focuses on analyzing global markets, managing export and import processes, and implementing policies to navigate complexities such as tariffs, trade restrictions, and geopolitical risks. By aligning trade activities with a company's overall strategic goals, organizations can enhance their competitive advantage, reduce costs, and mitigate legal or financial risks associated with international trade. Essentially, it is a proactive way to manage trade operations strategically in a global marketplace.