Stay Up to Date with U.S. Foreign-Trade Zone Programs

Posted by Fariba Ahdoot on Fri, Apr, 24 2015 @ 10:31 AM

Each year the National Association of Foreign-Trade Zones (NAFTZ) holds an annual Legislative and Regulatory Seminar that brings NAFTZ members together with top decision makers in Washington D.C. to discuss key public policy issues affecting the Foreign-Trade Zone (FTZ) community. This year, Amber Road was a gold sponsor at the seminar, "FTZs: Leading the Economic Expansion – Jobs, Exports, and Investment," which highlighted the trade policy agendas of Congress and the Administration and looked at the implications of those policies on the FTZ community.

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Topics: Amber Road News, Foreign-Trade Zones, Trade Agreements

PayPal Down $7.7 Million in Fines for Violating U.S. Restricted Party Sanctions

Posted by Lisa Feroli on Thu, Apr, 23 2015 @ 3:53 PM

Everyone’s favorite online payment platform has found themselves in a bit of trouble, as the company was fined by the Treasury Department’s Office of Foreign Assets Control (OFAC) $7.7 million for 486 sanctions violations. PayPal is just one in a list of companies who have violated trade sanctions, highlighting the importance U.S. Officials put on restricted party screening and strict compliance with these regulations.

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Topics: Export Management, Global Trade Content, Restricted Party Screening

Webinar Q&A: What You Should Know About Selecting a GTM Vendor

Posted by Fariba Ahdoot on Wed, Apr, 22 2015 @ 3:24 PM

Last month, Amber Road in conjunction with American Shipper, broadcasted a webinar on What You Should Know About Selecting a GTM Vendor. Our presenters, Ty Bordner of Amber Road, Mike Dupaix of Tricon Energy and Beth Peterson of BPE Global received several questions throughout the webinar, but unfortunately they did not have time to address them all during the live broadcast. We have complied their answers into a Q&A document - here is a preview:

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Topics: Global Trade Management Software, Webinars, Amber Road News, Global Trade Management

How to Build a Business Case for GTM: A Step-by-Step Guide

Posted by Colleen Bush on Tue, Apr, 21 2015 @ 10:7 AM

There’s no doubt that Global Trade Management (GTM) software offers a wide range of benefits to global organizations, from improved process efficiencies, to lower supply chain costs, to reduced corporate risks. But how do you develop a convincing business case to bring a world class GTM program into your organization?

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Topics: Global Trade Management Software, Global Trade Management

Amber Road Now Screens Over 300 Restricted Party Lists

Posted by Lisa Feroli on Mon, Apr, 20 2015 @ 3:3 PM

On April 1st 2015, President Obama signed an Executive Order (Executive Order 13694), “Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities.” Because of this order, Amber Road now officially screens against over 300 restricted party lists!

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Topics: Amber Road News, Export Management, Restricted Party Screening

CSCO View of Strategic Sourcing and Segmentation: Prescriptive Control Tower Approach

Posted by Bob Heaney, Research Director Supply Chain Management, Aberdeen Group on Fri, Apr, 17 2015 @ 5:24 PM

Today’s Chief Supply Chain Officer (CSCO) is beset by pressures on all fronts, not the least of which is how to address new B2B and B2C direct-to-consumer flows. Aberdeen Group recently introduced a Prescriptive Model for Optimization that both defines and describes what leading companies are doing to reengineer inventory and fulfillment flows from source to end consumer. This framework requires a move from current state descriptive analytics to analytical optimization that applies prescriptive and predictive intelligence during both planning and execution phases.

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Topics: Amber Road News, Sourcing Optimization, GTM Best Practices

Tyco International to Discuss Trade Compliance Risks at SCOPE Spring

Posted by Kelsey Barker on Fri, Apr, 17 2015 @ 3:10 PM

The higher the risk, the higher the reward – companies must remember this old rule when expanding their global supply chains into new markets, and therefore new regulatory regimes. Kevin Willis, vice president of international trade compliance at Tyco International, will discuss these trade compliance risks in his presentation at the SCOPE Spring conference in Baltimore April 26-28.

Global companies must navigate a regulatory minefield when expanding their supply chains into new territories. Willis will describe how Tyco International uses Amber Road’s Trade Automation solution to manage its exports, restricted party screening, and supply chain risk as it expands into new markets. A trade automation solution put Tyco International on the path to efficiency, optimization and compliance.

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Topics: Amber Road News, Supply Chain Visibility, Export Compliance

Don't Miss This Webinar! Navigating China Trade with SCM World

Posted by Kelsey Barker on Thu, Apr, 16 2015 @ 10:34 AM

According to SCM World research, supply chain leaders view China as the indisputable premier growth opportunity. At the same time, it was fifth on executives' list of countries considered too risky to do business in, due to complex trade regulations, immature logistics infrastructure, the threat of rapid cost increases, and an opaque sub-distribution network.

Considering these challenges, how can companies develop a more systematic, strategic approach to trade with China?

Join SCM World and Amber Road for a live webinar on Wednesday, April 29, to dig a little deeper into the dynamics at play in China. Attendees will focus on the challenges and opportunities associated with China trade, from both an import and export perspective.

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Topics: China Trade Management, Webinars, Amber Road News

[New Video] GTM Solutions Continue to Expand Footprint

Posted by Lisa Feroli on Tue, Apr, 7 2015 @ 2:15 PM

To be successful in the global market, businesses need to look beyond the four walls of an enterprise. Today, the Global Trade Management (GTM) market has expanded its scope beyond simply import and export automation, to include global logistics, duty management and global sourcing and procurement.

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Topics: Global Trade Management Software, Amber Road News

New Supply Chain Insights Findings on Global Trade Management Software

Posted by Colleen Bush on Tue, Apr, 7 2015 @ 9:21 AM

Global trade is essential to growth, and it is growing more complex. Global Trade Management (GTM) software can reduce this complexity, making it easier to become a global shipper and ensure regulatory compliance. However, success with GTM requires the careful selection and use of both the software and trade compliance content.

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Topics: Global Trade Management Software, Global Trade Management