Local Merchant Services (LMS) - Pioneering Innovative Trade Gateways And Digitization
Local Merchant Services (LMS), was established in 2017, and operates and manages a network of over 200 Regional and Vertical Trade Gateways across the globe. Supply Chains have operated in pretty much the same way for the last 200 years. LMS is co-operating with different major Institutions to establish a modern Digital Trade ecosystem.
LMS Trade Gateways, feature significant B2B Marketplaces, operated in partnership with significant partners. LMS provides Tools to Digitize accruing Trade.
LMS can be your technology partner. Contact us for more information. We also provide a range of innovative Services. More details on some of these services below.
Following Brexit, the UK can strike its own deals for buying and selling goods and services around the world. A Trade Agreement facilitates trade - usually in goods but sometimes in services too - by making it cheaper.
While the UK was an EU member, it was automatically part of around 40 trade deals which the EU had struck with more than 70 countries. Post Brexit, however, there is a need for the UK to be able to access markets that the UK has its own deals with. Trade Gateways are required for this to happen effectively. LMS operates Brexit.Trade as such a Trade Gateway. Trade Digitization can help address many Post Brexit Trade issues
Trade Digitization Infrastructure
LMS is paving the way to provide an infrastructure to facilitate the exchange of digital trade documents across our Trade Gateways. All Contracting parties are members of the relevant Trade Gateway, and as such, are a closed Group of parties engaging in Trade. As such, in accruing transactions, electronic documents are created under multi-party contracts, between a closed group of parties engaged in trade, that agree to recognise them as having the same qualities as paper documents. LMS also Operates MLETR.com
This addresses the “possession issue” with Trade Documents. The Parties agree that the electronic trade documents, will have the same legal function as their paper equivalents.
Local Merchant Services also operate High Traffic Local Web Sites where subscribers can subscribe to offers from Merchants. Subscription to these sites by subscribers is to a centralized Subscriber Web Programme that complies with GDPR. Subscription to the different Local Merchant Services sites is made to a centralized User Data Repository (UDR).
Local Merchant Services sites can then access the data from the shared register. The result is a central register from which subscribers can be provided with special offers and services by participating merchants from a single point in a manner compliant with GDPR. This is the LMS Subscriber Web to which there are currently over 2 million subscribers.
Our Management Team And Experts
Organizations need as Much Help as they can get with Trade....
Our Management Team And Experts Can Help your Organizations Maximize your Trade. More Details Of Our Experts, the Parts of the World they are in, Their Areas of Specialization, and A Video they gave at a recent Workshop we held on Post Brexit Trade, below
She is a very experienced Marketing Professional and Project Administrator.
Rick is a qualified Accountant with extensive experience in Project coordination and operational management.
OLUWATOSIN RICHARD BEX-BANJO
He studied for a degree in Finance at the University of East London. He was a Commodity Trader and Sovereign Debt Instruments Trader in the City of London. He has written several papers on Blockchains Business Strategies.
He has also been involved with innovative trade financing and parallel trading programmes. He has advised many organizations on their Internet strategies and produced Internet Strategy Reports for them. He has also worked with many organizations to help with their utilization of the Internet to enhance their supply chains.
His presentation on Supply Chain Issues Post Brexit can be seen here
Cristian has extensive experience at a senior level with different companies including in the retail and logistics industries. He has had different managing roles within general management, supply chain, production planning, manufacturing, procurement, logistic, sales and project management functions.
He has experience in operations management, strategic planning, business development, program/project management, operational risk assessment and management, organizational change, assembly/overhaul projects, and budget administration.
He has been involved in designing and implementing lean six sigma principles and tools in operations and supply chain environment, being involved in organizational change projects. Delivered continuous improvements in business performance, cost reduction, quality and product delivery, optimizing staff productivity and process overall efficiency to assure achievement of strategic goals.
Specialties Include: Operations management, Business Plans development, Management consultancy, Operations assessment, Business model design and implementation
Expert: Peter S
CUSTOMS AND TAX REGIME POST BREXIT AND NORTHERN IRELAND PROTOCOL ISSUES
Expert: Peter S
Peter's presentation on the Customs and Tax Regime Post Brexit can be seen here
Peter is a Customs Compliance Manager. His Specialities include: customs regulations, Post Brexit preparation, AEO procedures, customs warehousing
Expert: Thomas C
THE LOGISTICAL CHALLENGES OF BREXIT
Expert: Thomas C
Thomas's presentation on Global Supply Chains and the Logistical Challenges of Brexit can be seen here
Thomas is an expert in Global Supply Chains. He has held different leading positions with Multinational Organizations including Head of Global. He has set up Logistics Flows and Processes. Thomas is based in Germany.
REGIONAL CO-OPERATION FOR ECONOMIC PARTNERSHIP (RCEP)
(The Regional Comprehensive Economic Partnership is a free trade agreement between the Asia-Pacific nations of China, Australia, Brunei, Cambodia , Indonesia, Japan, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, South Korea, Thailand, and Vietnam.)
Expert: Ravi M
Ravi's presentation can on Facilitating B2B Sales be seen here
Ravi has vast experience in the implementation of long-term IT projects.
SOUTH ASIAN FREE TRADE AREA
TRADE ADVISORY SERVICES
(The South Asian Free Trade Areas comprises of Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka)
Expert: Shahid K
Shahid's presentation on what a Trade Adviser can do for your Organization can be seen here
Soon after completing his MBA, Shahid joined the East Midlands Chamber of Commerce UK and became an International Trade Services Advisor. He had good contacts with a range of Trade Organizations, Chambers of Commerce, and good experience on Export related issues
Expert: Ray S
BLOCKCHAIN AND SUPPLY CHAINS
Expert: Ray S
Ray's presentation can be seen here
Ray has more than 15 years of corporate experience in Project Management and has good knowledge of Supply Chain Management and Blockchain.
Blockchain is revolutionizing all aspects of trade and making cross border trade faster, more secure, and more efficient.
Blockchain is removing barriers of trade, which can lead to more than US$ 1 trillion of new trade in the next decade. Blockchain can greatly facilitate Paperless Trade. Applications of Blockchain in cross border trade include:
Trade Finance: The complexity and scale of existing procedures in trade finance have meant that many organizations that require Trade Finance, particularly SME's have not been able to access Trade Finance. Blockchain can greatly help with addressing these issues and make Trade Finance faster, more accessible, and secure
Taking control of border procedures for trade: Blockchain with smart contracts can enable users to complete customs procedures efficiently and securely.
Time and Cost Savings: Blockchain can greatly reducing the time and expense of cross border trade procedures
Supply Chain: Traditional Supply Chains have inherent weaknesses that have been highlighted by the Covid-19 Pandemic. Many Of these inherent weaknesses can be addressed by Blockchain. Blockchain can also greatly enhance the transparency of supply chains and the traceability of products within supply chains.
Expert: Kenneth C
AFRICAN CONTINENTAL FREE TRADE AREA (AFCFTA)
Expert: Kenneth C
Kenneth's presentation on Doing Trade in a Country in The AFCFTA can be seen here
Kenneth has an LLB and an MBA from the UK. He ia a qualified Lawyer with significant experience in Contract Law, Commercial Law, Business Law, Intellectual Property Law, Property Law. His services cover Market Research, Business Plans, Business Strategy etc.
STRATEGIC COMMUNICATION STRATEGIES
BRICS is the acronym coined to associate five major emerging national economies: Brazil, Russia, India, China, and South Africa. BRICS countries are known for their significant influence on regional affairs.
Expert: Renata M
Renata's presentation on Strategic Communication Strategies and Doing Trade in a BRICS Country can be seen here
Renata has experience in the provision of Trade Services. She is Brazilian with a good understanding of Brazilian culture and the B2B local environment. She has created strategic communication plans for many companies.
Please contact us for more information, or to book one of our experts. Please also see links below that can help access useful information, as well as useful online services for Trade.