Zhi Verden, LLC (DE) is a processing and information systems business enabling the complete end to end management of the global supply chain through its platform product, Global TradeMaster®.
Global TradeMaster® is a business systems category killer providing information, decision support, and the full range of mediation services for all physical, financial, and compliance-based transactions. It is a commercial "lift out" of the Global Exchange Services mediation system currently operated by Northrop Grumman Corporation integrated with the risk and reputation management platform operated by Steel City Re.
Global Exchange Services was developed on behalf of the US Department of Defense to serve the Global Supply chain of the US Military and its allies. Upgraded over the past 12 years with a $500 million investment from DoD, GEX today validates, archives, secures, translates, routes and delivers mass volumes of transactions with guaranteed delivery and end-to-end accountability. It serves over 80,000 suppliers, interfaces with over 1000 operating entities and processes over 4 million transactions a day–all for its one government customer.
Steel City Re's platform was developed to protect corporate reputation from adverse behavioral incidents in the areas of ethics, innovation, quality, safety, sustainability, and security. Steel City Re offers a comprehensive integrated risk and reputation management solution that measures, monitors, and controls reputation risks. The solution fosters conformance with risk-reducing behaviors throughout the supply chain and provides indemnification for covered losses. And they enable stakeholders to appreciate and appropriately value the resulting benefits. Steel City Re helps clients beat headline risk.
The commercial benefits of Global TradeMaster® are financial, operational and reputational. Combined, they provide its users with powerful competitive advantages.
Cost savings: Companies can consolidate overlapping risk and compliance activities among supply chain s ecurity, intellectual property management, corporate ethics compliance, labor compliance, food safety, and other overhead units.
Operations decision support: Global TradeMaster® enables end to end supply chain visibility of both physical goods and finances to improve inventory control and cash management.
Risk management: Global TradeMaster® provides both indications and warning of supply chain risks and rapid notice of adverse events in diverse areas such as security, IP, ethics, labor standards, and safety. Problems in one or more of these areas can create criminal and civil penalty risks from compliance breaches, derivative litigation risks, and personal director liabilities.