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Descartes Showcases Global Trade Intelligence Technology Innovations

Theodore QuinnThursday, Feb 6, 2025 7:08 am ET
4min read


Descartes Systems Group (DSGX), a global leader in logistics and supply chain management, recently showcased its latest advancements in global trade intelligence technology. These innovations aim to help businesses navigate the complexities of cross-border trade more efficiently and effectively. The company's global trade intelligence suite offers a range of features designed to streamline compliance operations, accelerate decision-making, and enhance the agility and resilience of supply chain networks.

One of the key innovations in Descartes' global trade intelligence suite is AI-driven screening and classification. This feature enables companies to manage high-volume, repetitive tasks more efficiently by automating and streamlining compliance processes. AI-driven screening for restricted, sanctioned, and denied parties helps companies quarantine low-quality false positives, reducing the workload on existing compliance resources. This allows them to focus on high-priority cases, improving efficiency and accuracy. Additionally, AI-driven import/export classification accelerates product lookup capabilities, helping companies identify the correct Harmonized System (HS) codes for their products. This ensures compliance with regulations and minimizes the risk of overpaying duties (Descartes Showcases Global Trade Intelligence Technology Innovations, 2025).

Another significant innovation in Descartes' global trade intelligence suite is the AI-based agent. This feature enables companies to better manage complex global trade intelligence queries, making it easier to access and manage high-volume, repetitive tasks without overloading existing compliance resources or adding new staff. The AI-based agent can converse in multiple languages, making it more accessible to a broader range of users. By speeding up complex global trade intelligence queries, the AI-based agent enables companies to make more informed decisions, faster. This can lead to better supply chain planning, improved risk management, and enhanced competitive positioning (Descartes Showcases Global Trade Intelligence Technology Innovations, 2025).

Descartes' global trade intelligence suite also offers other features that contribute to a more agile and resilient supply chain. These include regulations cross-referencing and landed cost calculations. By cross-referencing regulations and calculating landed costs, companies can better understand the total cost of importing or exporting goods. This helps them make informed sourcing decisions, identify potential cost savings, and adapt to changing market conditions. For instance, Descartes' global trade intelligence suite can help companies find alternative suppliers to mitigate supply chain risk, track key commodities, and discover new buyers, sellers, and suppliers (Descartes' Study Reveals Tariffs and Trade Barriers as Top Concern of 48% of Supply Chain Leaders, 2024).

In conclusion, Descartes' AI-driven import/export classification, AI-based agent, and other features in its global trade intelligence suite enable companies to build more agile and resilient supply chains. These innovations help companies adapt to evolving market conditions and geopolitical volatility by scaling compliance operations, accelerating product lookup and classification, cross-referencing regulations, calculating landed costs, and mitigating risk. By leveraging these technologies, companies can make better-informed decisions, minimize costs, and maintain a competitive edge in the face of changing trade dynamics.

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