Global Trade Updates Around the World

Posted by Nick Fabretti on Tue, Aug, 22 2017 @ 3:32 PM

Global trade and policies are changing quickly. Leaders of the world’s biggest economies are trying to have it both ways on trade – protectionism with a commitment to free trade. This leaves companies that move goods and services across borders between a rock and a hard place when it comes to sorting out their business.

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Topics: Global Trade Management, Free Trade Agreements

Going Digital: What Does it Mean for Global Trade Management?

Posted by Gary M. Barraco on Wed, Aug, 16 2017 @ 12:00 PM

The industry is buzzing about the concept of digitizing the supply chain. Stories flood the media about how companies must digitize, but the process is still in its early years. Only one third of 490 top supply chain executives recently surveyed by Cognizant and Forbes Insights believe their companies have achieved high maturity of digitization of their supply chain in strategy, planning or execution.

...But what does that mean anyway?

                                            

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

The Digital Global Supply Chain

Posted by Julia Gorman on Mon, Jul, 31 2017 @ 2:00 PM

As companies expand global operations to take advantage of cost savings in other regions, they are put under pressure to deliver the right product at the lowest price into the waiting hands of customers. From sourcing to shipment execution, your global operations require collaboration with various parties, the exchange of documents, and the ability to quickly adapt to interruptions, all the while remaining compliant with global security initiatives. Without digitization, important and cost-saving details are bound to get lost in the shuffle.

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Topics: Global Trade Management, Supply Chain Visibility, Global Supply Chain

Brexit, EU, and Trump - How to Prepare for Changes in Global Trade

Posted by Joe Gabro on Wed, Jun, 21 2017 @ 10:45 AM

Global trade management is challenging enough, given the complexity of managing and optimizing supply chains today. As global supply chains become increasingly more complex, the challenge of managing the growth while maintaining control increases along with it. Change is constant. However, with Brexit and new U.S. trade and tax policies soon to take effect, companies must be prepared before it's too late.

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Topics: Global Trade Management Software, GTM Best Practices, Global Trade Management

Keeping Pace with the eVOLUTION: Digitizing Your Supply Chain

Posted by Joe Gabro on Tue, Jun, 6 2017 @ 11:00 AM

The world of global trade is fast-paced, always moving, ever-changing, and always evolving. In order to keep pace, your supply chain processes and technology need to evolve too.

Amber Road's global trade management software helps companies transform their global supply chain to improve margins, enable agility, and reduce risk by increasing operational efficiency, reducing direct costs, and creating a faster, leaner, more agile supply chain.

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Topics: Global Trade Management Software, Global Trade Management

Amber Road to Discuss Supply Chain Risk Mitigation at USFIA Seminar

Posted by Mollie Leon on Tue, Mar, 21 2017 @ 9:05 AM

Risk in the supply chain comes in a variety of forms, including inadequate or poor product quality testing and supplier management programs. Additionally, enhanced government regulatory requirements have created an environment where strong risk mitigation practices are an imperative for avoiding lost sales and negative publicity.

Next month, Jenny Roman, Solutions Manager, Amber Road, will speak at the USFIA Fashion Forward Seminar on April 5th in Columbus, Ohio. This seminar will address the  future of trade policy, compliance, and supply chain management for the fashion industry.
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Topics: Global Trade Management, Global Supply Chain, Risk and Quality Management

Global Trade Academy: Your One Stop Resource for Global Trade Management

Posted by Julia Gorman on Thu, Mar, 16 2017 @ 2:20 PM

In the rapidly changing environment of global trade, it’s an ongoing challenge to stay on top of the current information and resources that are available. On top of that, the demanding schedule of an international trade professional makes it even more challenging to dedicate the time to ­­­refresh your global knowledge. However, at a point in time where global trade is on the brink of an evolution, it is critical to maintain a fluent understanding of all its complexities. That’s why Amber Road’s Global Trade Academy is your premier source for comprehensive compliance training and professional development.

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Topics: Global Trade Management

What Importers and Exporters Need to Know About the WTO Trade Facilitation Agreement (TFA)

Posted by Jonathan Dicks on Thu, Feb, 23 2017 @ 3:45 PM

Billed as a “major milestone for the global trading system”, the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) entered into force on February 22, 2017. It is the first multilateral agreement concluded since the creation of the multi-country trade-focused body in 1995. The TFA negotiations concluded during the Bali Ministerial Conference in 2013, but finally went into force yesterday after two-thirds of its members ratified the agreement.

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Topics: Duty Management, Global Trade Management, Free Trade Agreements

e-Commerce Impacts Global Trade: 2017 AAEI e-Commerce Benchmark Report

Posted by Nick Fabretti on Wed, Feb, 8 2017 @ 1:23 PM

e-Commerce has revolutionized business-to-consumer sales, resulting in a newly empowered consumer – one with higher expectations for the retail shopping experience. For organizations to stay ahead of the curve that is e-commerce, primary gaps must be addressed with a combination of technology, trade compliance knowledge, and automation.

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Topics: Global Trade Management

Amber Road to Discuss Enabling Retail for e-Commerce at the RILA Supply Chain Conference

Posted by Mollie Leon on Fri, Jan, 27 2017 @ 8:52 AM

The retail industry was an early adopter of low-cost sourcing strategies. Most retailers are now also looking to improve the efficiency of their import operations to reduce cash-to-cash cycles and lower total delivered costs. They have always faced long lead times and variability, but these issues are magnified given the proliferation of products and the global effect of natural disasters on supply chains.

Amber Road is excited to sponsor and speak at the RILA Supply Chain Conference from February 12 – 15 in Orlando, Florida. This conference will focus on the latest industry trends and technologies in transportation, distribution, international logistics & sourcing, supply chain planning software, omnichannel, and much more! 

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Topics: Retail, Global Trade Management, Supply Chain Visibility