U.S. Loosens Export Compliance Policies Against Cuba

Posted by Fariba Ahdoot on Fri, Jan, 16 2015 @ 3:25 PM

Last month President Obama announced he was going to normalize relations with Cuba and on Friday, January 16, 2015 the U.S. trade and travel restrictions on Cuba will come to an end. The Treasury and Commerce Departments issued a package of new rules that will allow U.S. exports of telecommunications, agricultural and construction equipment, as well as permit travel to Cuba. This news has U.S. businesses eager to gain export opportunities in the Cuban market.

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

Upcoming Webinar: Where Are Your Freight Transportation Rates Headed in 2015?

Posted by Colleen Bush on Fri, Jan, 16 2015 @ 11:44 AM

According to a Logistics Management panel of top economic and transportation market analysts, freight transportation rates will most certainly see incremental gains across the board in 2015. And to keep even the smallest increases in check, the panel adds that it’s now imperative for the savviest shippers to control total landed costs by using a variety of modes—and to use that mix to its fullest advantage.

Are you prepared with the modal mix that will keep freight increases in check?

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Topics: Webinars, Amber Road News, Rate Management, Carrier Selection, Transportation Management

Webinar Q&A: Trade & Compliance Ramifications of U.S. Sanctions Against Russia

Posted by Lisa Feroli on Wed, Jan, 7 2015 @ 4:36 PM

A few weeks ago, Amber Road in conjunction with Trade Facilitators Inc., broadcasted a webinar on The Ukraine Crisis: Trade & Compliance Ramifications of U.S. Sanctions Against Russia. Our presenters, Kristine Bols of Amber Road and Dan Gardner of Trade Facilitators Inc., received several questions throughout the webinar, but unfortunately 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: Webinars, Export Management, Global Trade Content

U.S. Imposes Sanctions Against North Korea in Response to Cyber-Attack

Posted by Fariba Ahdoot on Mon, Jan, 5 2015 @ 4:14 PM

On January 2, 2015, President Obama signed a new Executive Order imposing additional sanctions against North Korea. This came in response to North Korea’s numerous provocations, in particular the cyber-attack on Sony Pictures Entertainment.
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Topics: Amber Road News, Export Management, Export Compliance, Restricted Party Screening, Export Violations

North Pole Industries Goes Live with Amber Road’s GTM Solutions

Posted by Kelsey Barker on Fri, Dec, 19 2014 @ 11:33 AM

 

NORTH POLE, December 19, 2014 – North Pole Industries, a leading global provider of toys for good little girls and boys, has implemented Amber Road’s Global Trade Management suite for its worldwide distribution network.

Before signing with Amber Road, NPI had been using a combination of spreadsheets, wish lists, and a whole team of research elves to plan its supply chain.

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Topics: Amber Road News, Supply Chain Visibility, Restricted Party Screening

Amber Road Around Town: Massachusetts Export Expo

Posted by Kelsey Barker on Thu, Dec, 18 2014 @ 3:54 PM

We were excited to sponsor the Massachusetts Export Center's Annual Export Expo in Boston last week! The one-day event provides a forum for exporters to connect with the wide variety of export resources available in Massachusetts while learning about issues that impact their day-to-day export operations. The Expo’s workshops addressed current issues of concern to exporters, such as recent sanctions developments, export control trends, global intellectual property protection, and more.

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Topics: Amber Road News, Export Management, Export Compliance

Global Trade Management Vendors Assessed by IDC MarketScape

Posted by Lisa Feroli on Wed, Dec, 10 2014 @ 10:55 AM

The IDC MarketScape: Worldwide Global Trade Management 2014 Vendor Assessment is now available! This new research is an assessment of a vendor’s success in the global trade management (GTM) marketplace, including current and anticipated performance in the marketplace. The study assesses the capability and business strategy of five of the key global trade management vendors, including Amber Road, using a vendor assessment model called IDC MarketScape.

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

Webinar Q&A: The International vs. Domestic Supply Chain Performance Gap

Posted by Kelsey Barker on Tue, Dec, 9 2014 @ 12:25 PM

LM_webinar_250px-1Earlier this month, Amber Road and Logistics Management broadcasted a webinar on The International vs. Domestic Supply Chain Performance gap: Uncovering the Investment Disparity. Our presenters, Scott Byrnes of Amber Road, and Bob Heaney of The Aberdeen Group, received several questions throughout the webinar, but did not have time to address them all during the live broadcast. Luckily, they have taken the time to answer all questions in a Q&A! Here's a preview:

What is the trend regarding leveraging contracted Broker/Forwarder expected service? For example, giving a broker access to EBS to pull country specific HS Codes directly.
The trend is to enable the brokers and forwarders to focus on what they do best (i.e., arrange for transportation and physically clear goods through Customs), and to automate the other functions (i.e., product classification and entry documentation preparation) themselves. Via automation, manufacturers are generating ‘broker packets’ which they send directly to the broker. These packets have almost all of the data, properly formatted, required for the broker to clear goods through customs – no chasing down classification numbers or shipping documents, no manually re-keying data from an importer security filing. As such, the brokers become much more efficient, and the importer is able to negotiate lower brokerage fees in lieu of the fact that the manufacturer is doing much of the up-front work, which is low margin business for the broker anyway. This collaboration between brokers, forwarders, manufacturers, retailers and distributors is all done via web-based portals.

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Topics: Webinars, Supply Chain Visibility

Russian Sanctions Webinar: What are the Trade & Compliance Ramifications?

Posted by Lisa Feroli on Fri, Dec, 5 2014 @ 10:17 AM

After Russia’s first incursion into Ukraine back in February of 2014, the United States has imposed sanctions on a number of Russian financial, defense and energy-related entities. Measures include the denial and/or revocation of licenses subject to E.A.R. or ITAR jurisdiction, the placement of companies on the Entity List, the freezing of assets, financing restrictions on Russian banks and travel bans.

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

Maximize Duty Savings with Free Trade Agreements [Infographic]

Posted by Colleen Bush on Tue, Nov, 25 2014 @ 1:36 PM

In a recent SCM World survey, 58% of respondents, comprised of global manufacturers and retailers, agree that their inability to take advantage of free trade agreements is costing them a material amount today.

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Topics: Duty Management, Trade Agreements