What does TIW mean in UNCLASSIFIED

What is Trade Information Warehouse (TIW)?

Trade Information Warehouse (TIW) is a centralized database system used by companies in various industries to store, monitor and manage their trade information related to imports, exports, intercontinental shipments, customs clearance processes and more. TIW is designed to enable global enterprises the ability to have unified views of their international trading activities across different countries as the business environment continues to be more interconnected due to globalization. TIW provides accesses historical data for analysis as well as tracking of active international orders or shipments in real-time.

Features

The main features of TIW include:

• Automated end-to-end workflows – Automated workflow functionality helps companies streamline processes, reduce manual errors and efficiently manage resources associated with trade activities such as import/export documentation preparation, product compliance requirements and shipping logistics;

• Comprehensive view of foreign markets – By providing visibility into foreign markets including detailed licensing requirements for customers’ products, potential market risks or restrictions on certain types of products;

• Secure storage – Enhances secure storage capability by keeping client’s confidential documents within a single system instead spread across multiple locations;

• Real time status updates – Giving users the power of accessing an ordered shipment's real-time status from any location;

• Data analysis capabilities– Providing data analysis that includes insights on which shipment routes are most cost efficient or how global trade compliance regulations are affecting customer profitability.

Benefits

The benefits that come from using Trade Information Warehouse (TIW) stem from its ability to improve supply chain collaboration between different stakeholders along the logistics network such as suppliers, manufacturers, distributors & retailers allowing them better visibility into their trading operations which can lead to improved decision making process and increased efficiency in terms of costs savings i e reducing transportation costs for example. Further benefits include smoothness in order fulfillment process while ensuring compliance with government regulations when trading goods between different countries.