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Anritsu and TradeBeam simplify stricter compliance
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Anritsu --a Japanese manufacturer of test & measurement equipment, and devices and components used in telecommunications, including military applications--must contend with significant global trade compliance regulations. In fact, many of these regulations have been made more rigorous in the wake of 9/11. Anritsu turned to TradeBeam and its Global Trade Management (GTM) solution to automate much of the task of checking orders and shipments against frequently updated lists of restricted parties and destinations.
"Our products are controlled under export administration regulations," says Jane Solomon, trade compliance manager for Anritsu. "As our volume grew--and the restricted lists grew as well--it became difficult to maintain compliance on a manual basis. TradeBeam is an invaluable tool. Our error rate declined dramatically, and GTM has been extremely beneficial in reducing exposure to penalties and fines. There are a lot of bad guys out there, but this program will still find...