Compliance Issues in the Footwear Industry Uncover the Need for Risk Management Solutions

Posted by Joe Gabro on Mon, Oct, 16 2017 @ 1:00 PM

Supply chains are becoming highly sophisticated and vital to attaining a competitive advantage for many companies. But as manufacturers look to expand across borders, the global nature also makes them increasingly vulnerable to a variety of risks.

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Topics: Risk and Quality Management, Facility Compliance

Make No Mistake, Denied Party Screening & Sanctions Apply to Embassies Too

Posted by Gary M. Barraco on Thu, Oct, 12 2017 @ 12:25 PM

It’s always hot news when Amazon is referenced in a story, but this time the online retail marketplace giant is in hot water. In August 2017, the media reported that the US Securities and Exchange Commission filed an investigation into the company’s processing and delivery of thousands of dollars worth of orders of consumer products, (including jewelry, home and kitchen appliances and musical instruments), to individuals and entities connected with Iran. Amazon is being investigated for delivering orders to an Iranian embassy, as well as to an individual who may have committed, threatened to commit or supported terrorism.

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Topics: Export Compliance, Restricted Party Screening

GEODIS Selects Amber Road to Boost its Trade Compliance Capabilities

Posted by Kelsey Barker on Wed, Oct, 11 2017 @ 10:28 AM

European companies face increasingly complex global trade regulations, especially when ensuring compliance with global sanctions and embargo lists. That's why GEODIS, part of SCNF Logistics, decided that it needed an automated solution to screen its third-party trade partners. 

As a leading European transport and logistics provider with a worldwide network, GEODIS is dedicated to maintaining the highest level of trade compliance. Historically, verification of customers, partners and transactions was handled semi-independently in each of GEODIS’ five lines of business, with some oversight by the group Customs department. As part of its continual drive to improve standards while increasing efficiency, GEODIS looked for a way to automate and centralize those processes.

Using the Restricted Party Screening module in Amber Road’s Export On-Demand solution, GEODIS will be able to transform its screening processes, replacing numerous disparate and partial systems with a single system covering its worldwide operations.

“Solidifying our compliance systems allows GEODIS to grow in a more assured way, as it protects us from risky transactions and enables us to prove to customers that we are compliant with export control regulations,” said Bruno Beauvillier, Group Customs and Export Control Director at GEODIS. “We chose Amber Road because of its ability to maintain hundreds of lists, and the presence of a local Amber Road team in France gave us great value in supporting our decision process.”

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Topics: Export Management, Export Compliance, Restricted Party Screening

EU Aims to Simplify VAT and Increase Compliance

Posted by Arne Mielken on Tue, Oct, 10 2017 @ 12:54 PM

In the case of customs tariffs, it can seem that dealing with the EU is sometimes easier, as rates and rules are harmonized for its presently 28 Member States. However, digging deeper into other programs can run you into trouble. A perfect example is the EU Value Added Tax (VAT). Monitoring and accurately interpreting the indirect tax changes in the EU and country-by-country (VAT rates are not harmonized) can be a manually-intensive and daunting task. This task is especially tedious when different VAT rules apply depending on the transaction and movement of the goods.

The European Commission has now launched plans for the biggest reform of EU VAT rules in a quarter of a century. The Commission says this reboot would improve and modernize the system for governments and businesses alike by 2019.

The (almost) Successful EU Single Market – Don’t Mention VAT!

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Topics: Global Trade Content

Did You Miss Out on BIS Update? Join Our Recap Webinar!

Posted by Kelsey Barker on Mon, Oct, 9 2017 @ 12:30 PM

The Bureau of Industry & Security's annual Update Conference wrapped up last week in DC, where government officials and industry leaders learned and exchanged ideas about export control issues. Attendees discussed hot topics such as trans-shipments, national security, end user errors and enforcement, and the ZTE penalty - the largest ever assessed.

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Topics: Export Management, Automated Export System (AES) Filing, Export License Management, Export Compliance

Webinar: Straight to the Source of Your Global Trade Problems

Posted by Julia Gorman on Fri, Oct, 6 2017 @ 2:22 PM

Although there is a straight link between sourcing and global trade, many companies fail to make that connection. American Shipper and Amber Road explore this puzzling fact in a special report, Bridging the Sourcing-Global Trade Divide. Shocked by their findings, American Shipper and Amber Road will unravel the facts in an upcoming webinar.

On October, 19th at 2PM EDT, Eric Johnson, Research Director at American Shipper, and Gary Barraco, Director of Global Product Marketing at Amber Road, will expose the disconnect between where a product is made and how that product arrives at its final destination in an hour-long broadcast.

The webinar, Straight to the Source: Why Shippers Struggle to Link Sourcing and Global Trade, hosted by American Shipper, will investigate the following:

  • Why global sourcing decisions tend to be handled in isolation from compliance and logistics
  • How companies decide on where they source and how many suppliers they use
  • Ways to better leverage free trade agreements through informed sourcing strategies
  • How technology can bring siloed decision-makers together

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Topics: Global Sourcing

How DICK’s Sporting Goods Handles Responsible Sourcing

Posted by Julia Gorman on Mon, Oct, 2 2017 @ 2:49 PM

DICK's Sporting Goods is an omni-channel powerhouse that operates in over 645 locations in the U.S. As a producer and retailer of high-quality products, DICK’s is committed to working with trustworthy parties to ensure compliance across all product safety laws.

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Topics: Webinars

WTO Public Forum 2017: Day 2 & 3 Recap

Posted by Arne Mielken on Fri, Sep, 29 2017 @ 1:06 PM

Amber Road participated in the WTO Public Forum 2017 to discuss how end-to-end global trade management software solutions can play a role in creating an open and inclusive trading system for all. Days 2 and 3 of the Public Forum continued the vital discussions around what needs to be done to develop an open and inclusive trading system; a break from protectionist rhetoric. What are the most effective ways to ensure women fully reap the benefits of trade? How can we ensure small and medium size enterprises (SMEs) adapt to the new ways of doing business, including e-commerce? Governments, the private sector including companies like Amber Road, and civil society addressed these questions at the Forum in a number of sessions.

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Topics: Global Trade Management Software

Watch Video: Benjamin Moore Saves Millions in Duties by Automating NAFTA Qualification

Posted by Paris Riley on Thu, Sep, 28 2017 @ 2:39 PM

In a new customer testimonial video featuring Benjamin Moore, Peter Shea, Senior Manager of Customs Import/Export Compliance, discusses how the challenges associated with achieving their company mission led them to Amber Road and ultimately to saving millions of dollars, accelerating cash flows and making massive progress in just four months.

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Topics: Free Trade Agreements

Missed the WTO Forum 2017? Go Behind the Headlines with Amber Road – Day 1 Recap

Posted by Arne Mielken on Wed, Sep, 27 2017 @ 1:00 PM

Amber Road, the leader of Global Trade Management software solutions, is proud to participate in the World Trade Organization’s (WTO) Public Forum this year, "Trade: Behind the Headlines." 

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Topics: Global Trade Management Software, Global Trade Management