3.2.2 E-Global logistics: Streamlining the global operations
E-global logistics refers to the Internet technologies that streamline the process of moving
goods and funds across borders (Roberts and Eichler, 2000). As indicated on figure 2, it is
composed of three main sub-sectors: (1) global trade compliance and landed cost solutions
that facilitate the customs clearing process and provide the total including cost of moving the
product from one country to the other; (2) global transportation management solutions that include
the software and services that facilitate the procurement of global transportation services,
the management of transportation contracts, the provision of track-and-trace information,
and carrier yield/price management; (3) global trade settlement solutions that help ensuring
that the seller gets paid and the buyer gets what is paid for in particular by enabling paperless
international settlement (Roberts and Eichler, 2000).