From vision to implementation
Singapore is government created a steering committee for TradeNet to oversee the conceptualization of a national electronic data interchange system for trade declarations and permits. Three subcommittees-1 each for sea shipping,air shipping and government agencies-were then formed to improve exporting and importing processes, and to specify functional requirements and propose data standards. Before TradeNet some clearances were done manually and no overall computer system coordinated them. Every subcommittee developed profiles of essential trade documentation activities and cut the more than 20 forms used in international trade to a single online form for nearly all trade. This form was the core of the new computerized system.
The government created a private company to manage TradeNet, which in 1988 led to the formation of Singapore Network Service, now known as CrimsonLogic. Though funded by government agencies, the company is structured as a private, for-profit firm. The government reasoned that this approach would not require it to bear the cost of operating a nationwide network of infrastructure and services. Each account user pays $20 a month and less than $3 per transaction or permit. The first transaction on TradeNet was a shipping application submitted on January 1, 1989. By the end of that year TradeNet handled 45% of documentation for sea and air shipments in Singapore.
From vision to implementation
Singapore is government created a steering committee for TradeNet to oversee the conceptualization of a national electronic data interchange system for trade declarations and permits. Three subcommittees-1 each for sea shipping,air shipping and government agencies-were then formed to improve exporting and importing processes, and to specify functional requirements and propose data standards. Before TradeNet some clearances were done manually and no overall computer system coordinated them. Every subcommittee developed profiles of essential trade documentation activities and cut the more than 20 forms used in international trade to a single online form for nearly all trade. This form was the core of the new computerized system.
The government created a private company to manage TradeNet, which in 1988 led to the formation of Singapore Network Service, now known as CrimsonLogic. Though funded by government agencies, the company is structured as a private, for-profit firm. The government reasoned that this approach would not require it to bear the cost of operating a nationwide network of infrastructure and services. Each account user pays $20 a month and less than $3 per transaction or permit. The first transaction on TradeNet was a shipping application submitted on January 1, 1989. By the end of that year TradeNet handled 45% of documentation for sea and air shipments in Singapore.
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