Your Supply Chain From The Outside In

Posted by Julia Gorman on Tue, Apr, 25 2017 @ 9:01 AM

In today’s global marketplace, internal data can no longer sustain enterprise operations. With the universal complexity of trade laws and regulations, external content has transformed from a supplement to a vital component of global trade management (GTM).

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Topics: Global Trade Management Software, Global Trade Content, Global Knowledge

2017: Bracing for Instability in Global Trade

Posted by Kelsey Barker on Thu, Nov, 17 2016 @ 10:30 AM

Global supply chains have been pulled tight, contracted, and at times broken during 2016. As we move into 2017, global trade management executives need to brace against disrupters that have the potential to send your supply chain into a tailspin: What will US trade policy look like? How can my supply chain handle new security risks? What, if anything, will happen to the TPP?

Join Amber Road's Global Trade Academy for our webinar, 2017: Bracing for Instability in Global Trade, on Wednesday, December 7, at 2PM EST to hear thought leaders answer a few of these questions.

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Topics: Retail, Global Trade Content, Global Trade Management, Supply Chain Visibility, Trade Agreements, Global Supply Chain, Supply Chain Risk Management

Video Series Chapter 7: Global Knowledge®

Posted by Joe Gabro on Wed, Nov, 2 2016 @ 1:45 PM

Continued from Chapter 6: Trade Compliance

Organizations buying or selling goods globally are overwhelmed with the mountain of legalese and red-tape required to establish and maintain compliance with government regulations. Language barriers and rapidly changing information add to the existing complexity of global trade.

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Topics: Global Trade Content, Trade Regulatory Content, Global Knowledge

What Really Drives Global Footwear eCommerce?

Posted by Kelsey Barker on Fri, Oct, 14 2016 @ 2:41 PM

Global business-to-consumer e-commerce is growing in leaps and bounds, not only in emerging markets where consumers can find it hard to access coveted and trending products locally, but also as a replacement to brick-and mortar shopping. However, global sales opportunities also present a challenge: to deliver a positive customer experience while combating high shipping fees, hidden costs, inaccurate duties, import and export regulations, and product restrictions.

At FDRA's Footwear Traffic and Distribution Conference in Huntington Beach, CA, next week, don't miss two great presentations by Gary Barraco, Director of Global Product Marketing at Amber Road.

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Topics: Retail, Supplier Management, Global Trade Content, Product Classification, Global Supply Chain

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

Evolution of Supply Chain Solutions - GTM in 2016 and Beyond

Posted by Mollie Leon on Fri, Aug, 19 2016 @ 8:38 AM

The scope and capabilities of global supply chains and the tools for managing them have evolved significantly over the past two decades, from simple desktop applications focused on generating and printing export documents, to cloud-based, enterprise-class solutions focused on a broad spectrum of import and export processes.    

During the great industrial age, companies focused on improving relatively simple, but very labor-intensive processes. In contrast, global supply chain engineering today allows manufacturers to manage extraordinarily complex international networks.

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Topics: Global Trade Content, Global Trade Management

Amber Road Goes to Washington: USFIA’s “Trade is Fashionable” Symposium

Posted by Gary M. Barraco on Tue, Jun, 28 2016 @ 3:43 PM

"I'm just a bill. Yes I’m only a bill. And I'm sitting here on Capitol Hill."

Over 40 years ago, a Saturday morning TV show called Schoolhouse Rock uniquely taught children (and adults) how the US government passes new laws and legislation in a lyrical cartoon with a catchy tune. Even in this animated lesson, the tremendous complexity of laws, regulations and directives is obvious.  Yet most of us are challenged daily to negotiate mountains of legalese in order to conduct business.

In a new benchmark report produced by USFIA and Dr. Sheng Lu of the University of Delaware, executives ranked  compliance with trade regulations among their top three concerns as they finish out 2016 and prepare for next year - an increase from the 2015 survey. 

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Topics: Global Trade Content, Global Trade Management, Events, Global Knowledge, Global Supply Chain, Trade Compliance

Booming World of Global eCommerce

Posted by Mollie Leon on Wed, Jun, 22 2016 @ 9:05 AM

With countries like China, India and Brazil experiencing growing middle classes who are interested in buying international products, the growth in global eCommerce is expected to boom.

Cross-border eCommerce is gaining traction with nearly 40 percent of consumers buying goods online from another country.

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Topics: Global Trade Content, Global Trade Management

Best-in-Class Global eCommerce Capabilities

Posted by Ryan Gudovitz on Mon, Jun, 20 2016 @ 9:00 AM

As the world has shrunk and companies have largely moved their presence online, global trade management (GTM) has become a major factor in supporting eCommerce.

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

Disregarding Trade Compliance is Risky Business

Posted by Kelsey Barker on Mon, Jun, 6 2016 @ 9:37 AM

A majority of executives are not investing in trade compliance training, despite potential fines, substantial penalties, and jail time, according to survey results released today from Amber Road's Global Trade Academy.

The survey of 300 U.S.-based global companies across a range of revenues and industries found that 56 percent of executives at the companies surveyed are not investing in trade compliance training, even though 28 percent of those companies had already been fined or warned by government agencies for noncompliance.

And while the vast majority (73 percent) have a stated trade compliance plan, 46 percent of surveyed companies didn’t require any training for employees and 28 percent require less than 11 hours of training – leaving a gap between having a plan and the ability to act on it. Furthermore, 55 percent had not standardized their global compliance training and 33 percent do not have a budget for trade compliance training, which opens the door to noncompliance risks as a result of untrained staff.

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Topics: GTM Best Practices, Global Trade Content, Global Trade Management, Import Compliance, Product Classification, Export Compliance, Global Trade Academy