Annika Helmrich on July 19, 2012
Managing the New Free Trade Agreements: How Technology Can Help Capitalize on Reduced Duties
Tuesday, July 24, 2012
11:00am PDT, 2:00pm EDT
The recently ratified Free Trade Agreements with South Korea, Colombia and Panama will usher in a new level of trade activity with these countries as well as a new set of challenges for qualification. Join WIT-NC and Amber Road in an enlightening update on managing Free Trade Agreements for the most impact to your organization.
Topics: Webinars, Amber Road News, Duty Management, Free Trade Agreements
Caroline Brown on July 17, 2012
The FBI has opened a criminal investigation into ZTE Corp’s sale of banned US computer equipment to Iran. ZTE is China’s second-largest telecom equipment maker and the world’s fourth largest mobile device maker. The investigation stems from a Reuter’s report in March, stating that ZTE sold surveillance systems to Iran’s largest telecommunication firm.
Topics: Export Management, Export License Management, Export Compliance, Restricted Party Screening
As more organizations are moving toward heightened supply chain visibility, many are coming to realize that what they’re also doing is becoming their own fourth-party logistics (4PL) provider. What’s a 4PL? The term was coined by Accenture (when it was Andersen Consulting) and is defined as “an integrator that assembles the resources, capabilities, and technology of its own organization and other organizations to design, build and run comprehensive supply chain solutions.”
Essentially, a 4PL is like a general contractor for logistics. Typically, it is a neutral party that will help unify and reengineer supply chain processes, while coordinating the activities of 3PLs and other supply chain partners. However, companies that have embraced supply chain as a core competency are seeing value in assuming the 4PL role themselves to meet their specific supply chain goals. The activities are managed from centralized hubs of technology, people and processes – frequently called “control towers.”
Topics: Global Trade Management Software, Global Trade Management, Supply Chain Visibility
Caroline Brown on July 2, 2012
On June 28th, Pratt & Whitney Canada Corporation (PWC) pleaded guilty to violating the Arms Export Control Act and to making false statements regarding its illegal export of US-origin military software to China. This software was used in the development of the Z-10, China’s first modern military attack helicopter. PWC, along with its parent company, defense contractor United Technologies Corporation (UTC), and UTC’s US-based subsidiary Hamilton Sundstrand Corporation (HSC), will have to pay more than $75 million as part of a settlement with the Justice and State Departments.
Topics: Export Management, Export License Management, Export Compliance, Export Violations
