Video Series Chapter 5: Duty Management

Posted by Joe Gabro on Wed, Oct, 5 2016 @ 11:00 AM

Continued from Chapter 4: Logistics

Minimizing duties is one of the fastest and easiest ways to squeeze significant financial returns out of a company's global supply chain. Duty minimization opportunities come in many forms, but many companies fail to take advantage of these programs due to the perceived difficulty of qualifying for and administering them.

The fifth video in our series explains how automating the duty management process is the best way to reap the benefits – like cutting duties and taxes by 80-100%.

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Topics: China Trade Management, Duty Management, Foreign-Trade Zones, Trade Agreements

CPSC Commissioner Buerkle Connects with Trade via Amber Road

Posted by Gary M. Barraco on Tue, Oct, 4 2016 @ 1:52 PM

On September 22, 2016, Commissioner Ann Marie Buerkle with the Consumer Product Safety Commission (CPSC) (pictured to the right with me (left) and Hung Lee (right)) visited Amber Road’s McLean, Virginia office to conduct a live web broadcast to over 200 global trade professionals.  During the webinar, “Are PGAs Prepared to “ACE” the Single Window Initiative?”, Amber Road’s Product Director Hung Lee discussed the Automated Commercial Environment (ACE) Single Window program, how Partner Government Agencies (PGA) are preparing for the technology shift, and the steps importers need to take to also get ready for the changes this program brings to their technology systems, business processes and supplier relationships. 

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Topics: Import Management, Import Compliance

Webinar Q&A: How Abercrombie Deployed a Transloading Model

Posted by Joe Gabro on Tue, Oct, 4 2016 @ 10:00 AM

Last month, Supply & Demand Chain Executive broadcasted a webinar entitled, How Abercrombie Deployed a Transloading Model. Presenters included:

  • Chris Andrews, Director of International Logistics at Abercrombie
  • Sarah Jane Chapman, Manager of International Logistics at Abercrombie
  • Stephanie Miles, Senior Vice President of Commercial Services at Amber Road
  • Kevin Snelling, Senior Transportation Analyst at Abercrombie

Our presenters received several questions throughout the webinar and 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: Global Sourcing, Supply Chain Visibility, Shipping Collaboration

EU Proposes to Modernize its Dual-Use Regulation

Posted by Arne Mielken on Thu, Sep, 29 2016 @ 10:15 AM

The EU has an extensive dual-use industry that brings together thousands of small, medium, and large-sized companies that provide highly valued jobs and know-how, including significant R&D work. According to the European Commission, dual-use items are often high-tech products and have ramifications across a wide range of key sectors of the EU economy; they include leading edge technologies that are crucial to the EU's drive towards innovation and competitiveness. In 2014, the total value of controlled dual-use exports reached EUR 59 billion, representing 3.4% of total EU exports to third countries. Few exports were actually denied, representing a negligible portion of total EU exports.

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Topics: Export Management, Export License Management, Export Compliance

B2C E-Commerce Growth Fuels Need for Improved Postal Services

Posted by Nathan Pieri on Wed, Sep, 28 2016 @ 10:18 AM

Global business-to-consumer e-commerce is growing leaps and bounds. According to strategy and consulting firm, Accenture, global B2C cross-border e-commerce will balloon in size from $230 billion in 2014 to $1 trillion in 2020.The primary reasons for the booming growth include emerging markets where consumers often find it hard to access coveted products locally and are seeking the convenience of online shopping over brick-and mortar.

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Topics: Transportation Management, Global Trade Management

Amber Road Adds Import Controls on EU Invasive Alien Species

Posted by Arne Mielken on Tue, Sep, 27 2016 @ 10:30 AM

On July 13, 2016, the EU added new import controls on invasive alien species (IAS) to its TARIC database with the Commission Implementing Regulation (EU) 2016/1141, adopting a list of invasive alien species of EU concern pursuant to EU Regulation No. 1143/2014. Amber Road's EU Trade Content team has captured these new import controls and updated our global trade content.

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Topics: Import Management, Global Trade Content, Global Knowledge

Amber Road to Discuss Product Classification at the AAFA Footwear Forum

Posted by Mollie Leon on Fri, Sep, 23 2016 @ 9:16 AM

Even the most innovative, perfectly constructed and tested, best priced product still needs to make its way into the country where it will be setting trends. Accurately classifying goods is essential to ensuring that cross-border trade runs smoothly. Tariff engineering and classification management, if done right, can also provide leverage for greater cost savings. 

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Topics: Apparel, Import Management, Export Management, Product Classification

Video Series Chapter 4: Logistics

Posted by Joe Gabro on Wed, Sep, 21 2016 @ 10:15 AM

Continued from Chapter 3: Risk & Quality Management

Transporting goods internationally requires a carefully coordinated approach. Multiple hand-offs and responsibilities across borders and trading partners add both cost and complexity. If you don’t have the right processes in place (and the tools to support them), your bottom line will suffer.

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Topics: Rate Management, Contract Management, Transportation Management, Supply Chain Visibility

Focus on TARIC - A Buzzword for Customs Professionals in the EU

Posted by Arne Mielken on Tue, Sep, 20 2016 @ 1:13 PM

TARIC is an odd word. Google provides two equally non-appealing choices. It is either the “Toronto and Region Islamic Congregation” or the “Tarif Intégré de la Communauté” (French: Integrated Tariff of the European Community). Since the word “Community” is being replaced by “Union” (check out this post on the EU Union Customs Code), soon this may change to TARIU. Rest assured, there are no synonyms for this one. TARIC is complex – like anything in the EU. There are many hidden secrets you may discover and there are moments you wonder what is going on. TARIC will challenge you and make your brain work, even though it is still only a database – a very complex and important database.

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Topics: Import Management

Trade Wizards: Simplify, Automate, and Streamline Your Global Trade Operations Online

Posted by Colleen Bush on Thu, Sep, 15 2016 @ 8:00 AM

With over 190 countries in the world actively involved and regulating trade, it is increasingly complex and time consuming to understand all of the requirements to legally ship to or source from a given country. The challenge for organizations in today’s global economy is to maintain compliance with changing trade regulations while managing a growing network of trading partner relationships and still get product to market at the lowest delivered cost.

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Topics: Export Management