Ms. Helen Abdu reports

ECOTAPE INCREASES EXPORTS BY 30% USING DESCARTES' GLOBAL TRADE INTELLIGENCE SOLUTION

Ecotape, an Argentine auto parts manufacturer, increased international sales by 30 per cent in 2023 using The Descartes Systems Group Inc.'s global trade intelligence solution, Descartes Datamyne. The company was able to identify potential buyers based on commodity-level trading volume and value of prospective customers.

"We previously obtained a limited amount of trade data through customs brokers, which was challenging given that our main buyers are in Bolivia, Paraguay, Uruguay and Ecuador," said Alejandro Ferraro, owner at Ecotape. "The Descartes solution allows us to be self-sufficient in accessing and analyzing much more comprehensive and current Argentine competitive import and export information as well as the international market for our exports. Having a more strategic understanding of Argentine trade flows in our industry paved the way for innovation and greater diversification in our product offerings, which has translated into significant new revenue streams."

One of the world's largest, searchable global trade databases, Descartes Datamyne provides real-time access to accurate, up-to-date import and export information from global customs authorities and trade ministries across 230 markets on five continents. Covering 84 per cent of global trade with over 500 million records added annually, the solution is used by manufacturers, shippers, wholesalers, transportation and logistics service providers, management consultants, legal practitioners, industry analysts, and others to initiate growth strategies, explore new markets, benchmark performance, monitor commodity volumes and values, simplify trade data research, discover buyer-seller relationships, and refine sourcing strategies.

"We're pleased to help Ecotape grow its international exports using the Descartes Datamyne global trade intelligence solution," said Helen Abdu, sales manager, Descartes Datamyne LATAM at Descartes. "It can be challenging for organizations to target the right sales prospects, and the task of identifying viable opportunities becomes more complex when you add in multiple commodities, countries and sales territories. Our cloud-based solution greatly simplifies this effort by providing companies with searchable, current and highly granular trade data to better inform market research, sales insight and competitive strategies."

About The Descartes Systems Group Inc.

Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use its modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. The company's headquarters are in Waterloo, Ont., Canada, and it has offices and partners around the world.

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