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UNeDOCS Awareness & Technical Workshop 2006 The Digital Trade and Transportation Network Justin Yue CEO, Tradelink Electronic Commerce Ltd. 31 May 2005. Agenda. Tradelink Highlights Digital Trade and Transportation Network (B to B) The Genesis Functions and Features of the DTTN
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UNeDOCS Awareness & TechnicalWorkshop 2006The Digital Trade and Transportation Network Justin YueCEO, Tradelink Electronic Commerce Ltd 31 May 2005
Agenda • Tradelink Highlights • Digital Trade and Transportation Network (B to B) • The Genesis • Functions and Features of the DTTN • Benefits - Model for International Connections
Tradelink’s Electronic Services Trade Related Government Services as the Basic Building Block All Traders • Import & Export Declaration • Certificate of Origin • Dutiable Commodities Permit • Shipping Order Service / AMS • Trader Documentation Service for Regional/Global Trade • China Processing Trade/Cross Border Documentation Service Textile Traders & Manufacturers • Production Notification • Textile Trader Registration Scheme (TTRS) Notifications • Certificate of Origin Forwarders & Carriers • Shipping Order • Manifest • Textile Trader Registration Scheme Notifications
Tradelink Highlights • Mainly officially required trade documents through Government mandating their use • Market penetration • Over 54,000 company subscribers • 18 million transactions/year • All documents digitally signed & encrypted for open network transmission, using recognized Digi-Sign Certification Service’s certificates
Development Roadmap of DTTN Full commercialisation 2006 • Government becomes directshareholder of DTTN with29.17% shareholding* • 15-year operating agreementsigned Aug 2005 by end of 2005 Pilot run 2003 Tradelink selected by the Governmentas developer and operator of DTTN * Subject to the approval by the Financial Committee of the Legislative Council
DTTN to Support Over 80 Electronic Documents for the Whole Supply-Chain (1) • Developed Canonical XML Structures for major international/local trade documents covering trade, logistics and finance • The DTTN Standards Advisory Group, comprising relevant industry associations, has reviewed and endorsed over 80 documents • Explore possibility to align DTTN transport related document structures with UNeDOCS under the UN/CEFACT framework
Purchase Process • Purchase / Sales Order, Order Confirmation • Packing List / ASN, Commercial Invoice,Inspection Certificate, Insurance Delivery Local and OverseasTransportation • Booking, Shipping Order, Arrival Notices,Transport Documents - Master / HouseWaybill - Sea / Air, Cargo Receipt,Transport Set, EIR, Delivery / Release Order Government Trade Documents • Export / Import Licence,Customs Clearance,Certification of Origin etc. • Letter of Credit, Company Guarantee, Bill of Exchange,L/C collection Letter; Document Arrival Notice Financial Settlement DTTN to Support Over 80 Electronic Documents for the Whole Supply-Chain (2)
Electronic message routing services Electronic message transformation services Portal services Data inheritance services Statistical and analytical reporting services Information security services Functional Blueprint of DTTN • Rich array of capabilities for messaging, documents, transactions, payments, security etc. Sellers Buyers FreightForwarders InspectionAgencies Banks &FinancialInstitutions Government& Agencies Carriers InsuranceInstitutions Terminals DTTN Key Services Offering
DTTN User Interface • A simple direct connection with the customer’s FMS/ERP/SCM using existing external interfaces with no or minimal system changes • Standard Excel spreadsheets for SMEs which are easily customizable according to your needs • Through the DTTN Portal to access a suite of user friendly web-based functions covering enquiries, reports, audit trails and messages / document download • Connects to application service providers’ services via DTTN’s Single Sign-On function which users can easily manage over the DTTN Portal
Benefits of the DTTN • Reduced operation costs through reduced delays, double handling / data entry & minimized errors • Reduced time and cost on document deliveries • Better financial management such as tighter credit control and improved cash flow • Easy, cheap & fast to interconnect electronically with trading partners and automate their supply chain • Retention of existing business against competition with more timely, accurate information and value-add services • Significant business and efficiency opportunities through “Just in time” supply chain management and e-access to more trading partners
Progress • Phase 1 of the construction of the platform completed • Pilot phase started since 28 December 2005, and select pilot users being activated and sending live transactions • Full commercialisation later in 2006
The Digital Express Link to your Business Partners Worldwide www.tradelink.com.hk www.hk-dttn.com