New Executive Order Targets Restricted Parties in Libya

Posted by Nick Fabretti on Fri, Apr, 22 2016 @ 1:48 PM

On April 19, 2016, the President of the United States of America issued an Executive Order, “Blocking Property and Suspending Entry into the United States of Persons Contributing to the Situation in Libya.”

The president issued the below statement on Tuesday, April 19th in light of the new executive order.

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Topics: Export Management, Export Compliance, Restricted Party Screening, Trade Compliance

The ACE Single Window:  A Catalyst for Change

Posted by Ty Bordner on Fri, Apr, 22 2016 @ 10:54 AM

Customs organizations around the world are finally modernizing their systems. Importers will be able to eliminate manual processes, improve visibility to trade flows, and more easily comply with applicable laws and regulations. The WCO (World Customs Organization) labels this type of system as a “Single Window” where Customs effectively centralizes the collection of data and distributes it to all required agencies to realize a coordinated and more efficient border control.

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Topics: Import Management, Import Compliance, Product Classification, Entry Management

Driving Apparel and Footwear Innovation: Top 5 Takeaways from the AAFA Sourcing Conference

Posted by Kelsey Barker on Thu, Apr, 21 2016 @ 6:11 PM

This year’s Sourcing, Customs and Logistics Conference, hosted in New Orleans by the American Apparel and Footwear Association, was all about innovation – so go ahead and add “innovate” to your to-do list. But what does that mean, exactly? How do you ensure that a multi-national organization outwits, out-produces, and outsells nimble newcomers to the apparel and footwear marketplace?

Luckily, a fantastic lineup of retailers, wholesalers, shippers, service providers and brands shared their strategies for driving innovation, especially in the areas of product development, sourcing, logistics and trade compliance. Here are our top 5 takeaways:

1. Be a master of supply chain, not retail

Take UNIQLO for example. They have mastered the supply chain, with limited, well-researched SKUs, quick time-to-market, and almost no duties – and have seen double-digit growth. Rick Helfenbein, CEO of AAFA, stressed that the “how” outweighs the “what.” 62% of all logistics cost is transportation, a number that only grows with increasing East Coast demand for Asian goods. Also remember that productivity rates matter more than outright cost – while Bangalore suppliers may be cheaper per item than China’s, for example, they may not match in efficiency and output.

2. Be a sourcing pioneer

Asia isn’t the only place to source goods. Africa is one of the world’s biggest untapped resources. By 2035, the working-age population in the region is expected to be as large as China’s is today – more than 900 million people.  While it’s caught the attention of the apparel industry, the continent presents numerous challenges. For example, the area has vast water resources, but lacks the infrastructure to store it. Security in the region also poses a huge threat, as ISIS, Boko Haram, and Somalian pirates add significant risk to many ports.

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Topics: Sourcing Optimization, Supplier Management, Import Compliance, Supply Chain Risk Management, Product, Product Development

Key Trends in Global Trade Management

Posted by Colleen Bush on Thu, Apr, 21 2016 @ 1:12 PM

Over the last few decades, globalization has simply become the way we do business. In fact, we are now entering what Supply Chain Digest calls the "Globalization 3.0" era, putting new demands on both sourcing and export processes, with excellence in global trade management now a key determinant of overall company success. Is your organization positioned to compete in this new era?

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Topics: Global Trade Management Software, Global Trade Management

Trade Compliance: The Missing Link in the Oil & Gas Supply Chain

Posted by Suzanne Richer on Wed, Apr, 20 2016 @ 1:28 PM

As the price of oil drops, companies need to reconsider their cost-saving strategies and how to manage global supply chains for bottom line impact. Typically, companies focus their efforts only on how they can drive costs down within their supply chain, without considering how their import/export compliance team can improve value.

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Topics: Import Compliance, Export Compliance, Events, Global Trade Academy, Trade Compliance

Upcoming Webinar - Country of Origin Rules and Practical Applications

Posted by Nick Fabretti on Mon, Apr, 18 2016 @ 4:05 PM

Determining the country of origin of a good is an important consideration in international trade. The country of origin can affect the duty rate, the eligibility for special programs, admissibility and quota. Also, the marking of products with country of origin information is not only a legal requirement, but also can be a significant factor in consumer purchasing decisions.

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Topics: Import Compliance, webinar, Global Trade Academy, Trade Compliance

[Upcoming Webinar] Direct-to-Consumer Selling: What Are the Implications?

Posted by Ryan Gudovitz on Fri, Apr, 15 2016 @ 9:00 AM

Lured by the promise of bigger sales, better access to consumers, and even their ultimate survival, wholesale brands are seeking new strategies to circumvent retailers and reach their customers directly. Over the past few months, some prominent apparel and footwear brands have announced plans to expand their own retail stores in the United States and other major global markets. 

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Topics: Retail, Global Trade Management Software, Webinars, Global Trade Management, Global Supply Chain

Understanding C-TPAT and the New C-TPAT Portal

Posted by Suzanne Richer on Thu, Apr, 14 2016 @ 4:46 PM

Customs–Trade Partnership Against Terrorism (C-TPAT) is a voluntary, joint government-business initiative to help add to supply chain visibility and increase border security. Although generally C-TPAT focuses on imports into the United States, it has more recently opened up to U.S. exporters since they are too exposed to considerable risk. In order to accommodate the requests and expanding parameters, a framework for the C-TPAT program and requirements has been deployed.

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Topics: Import Compliance, Export Compliance, Global Supply Chain, Trade Compliance, C-TPAT

[Aberdeen Group Report] Leveraging Global Trade Management for Frictionless eCommerce

Posted by Ryan Gudovitz on Tue, Apr, 12 2016 @ 9:00 AM

As globalization continues to cause the world to "shrink" and eCommerce rapidly spreads into every retail category, the requirements to source and manage a global supply chain also increase. Whether as part of its strategic direction or in order to keep up with the competition, there are few companies that do not have some type of eCommerce presence.

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Topics: Global Trade Management Software, Landed Cost Calculation, Global Trade Content, Transportation Management, Global Trade Management, Supply Chain Visibility, Restricted Party Screening, Global Supply Chain, Trade Compliance

Webinar Q&A - ACE-ing Technology: What You Need to Know to Meet CBP’s 2016 Single Window Mandate

Posted by Ty Bordner on Mon, Apr, 11 2016 @ 9:00 AM

On March 23rd, Amber Road in conjunction with American Shipper broadcasted a webinar entitled, ACE- ing Technology: What you need to know to meet CBP’s 2016 single window mandate. Our presenters, Ty Bordner and Suzanne Richer from Amber Road, received several questions throughout the webinar, but unfortunately we did not have time to address them all during the live broadcast. We have compiled their answers into a Q&A document - here is a preview:

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Topics: Global Trade Management Software, Webinars, Import Management, Global Trade Management