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

What's Next for Global Trade Management?

Posted by Nick Fabretti on Wed, Aug, 17 2016 @ 1:24 PM

The term “global trade management” is expanding and growing as quickly as technology can keep up. Automation is capable of streamlining much of the complexities surrounding sourcing and global trade. To learn how, don’t miss Gary Barraco, Director of Global Product Marketing, and Cheryl Layne, Director of Customer Success, discuss The New Definition of Global Trade Management at Retail Delivery Connect next week in Coral Gables, FL.

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Topics: GTM Best Practices, Global Trade Management

Amber Road Launches New Video Series!

Posted by Ryan Gudovitz on Wed, Aug, 10 2016 @ 10:00 AM

Supply chains encompass the evolution of products, from raw materials to finished goods. Various components form the context of this sequence of processes, including a complex and vibrant network of organizations, people, activities, information, and resources.

Amber Road’s new video series tells the tale of a product as it makes its way through the supply chain. From development to production, testing, and shipment, we explore what actually goes into getting the product into the hands of the consumer.

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

The "-abilities" of Global Trade Management: Digital Platform Capabilities

Posted by Joe Gabro on Mon, Aug, 1 2016 @ 10:30 AM

Continued from Part 1 of our "-abilities" series

Are your Digital Platform Capabilities ready to challenge business as usual?

The buzz among several prominent industry analysts lately has created a flurry of research around business success directly correlating to a company’s digital competency. Going digital is more than just spending a higher percent of revenue on IT; it matters where and how you spend your IT dollars. 

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

And the Survey Says…! Global Sourcing Shifts in 2016

Posted by Ryan Gudovitz on Tue, Jul, 26 2016 @ 9:00 AM

It’s no secret that puzzling shifts to the retail landscape have some companies on edge. Sourcing executives are under intense pressure to remain relevant and deliver exciting products to consumers while struggling with declining foot traffic, global competition, and even bankruptcy. Uncertainty also surrounds the U.S. presidential race, which could impact global trade, jobs, businesses, and consumer spending. 

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

The New GTM: Connecting Upstream Decisions to Improve Downstream Execution

Posted by Joe Gabro on Mon, Jul, 25 2016 @ 10:30 AM

Although many companies are engaged in global trade, that doesn’t mean they are getting the most out of their processes or technology systems designed to streamline international business. The new GTM recognizes the increasing complexity involved in global trade, and the need to encompass design, production, and global sourcing decisions as part of the end-to-end scope.

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

Fundamentals of Centralized Global Trade Compliance

Posted by Mollie Leon on Mon, Jul, 18 2016 @ 8:52 AM

The field of global trade compliance requires a combination of centralized reporting and distributed execution. This allows organizations to benefit from unified policies, control, and measurement while maintaining agility to implement compliance activities and processes that vary greatly across different geographies and product domains. 

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Topics: Import Management, Export Management, Global Trade Management, Export Compliance

On-Demand Webinar - Connect the Sourcing Silo: How Technology Feeds Sourcing and Logistics Collaboration

Posted by Ryan Gudovitz on Wed, Jul, 13 2016 @ 3:00 PM

Product development and sourcing is inextricably linked to the downstream supply chain activities that follow, like trade compliance and logistics. But these functions have traditionally been siloed – sourcing teams going about their jobs independent of the impact on trade compliance and logistics teams, and vice versa. 

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Topics: Global Trade Management Software, Global Sourcing, Sourcing Analysis, Global Trade Management

[On-Demand Webinar] Strengthening Retail Supply Chains – Supplier Management

Posted by Ryan Gudovitz on Fri, Jul, 8 2016 @ 12:03 PM

This year, US retailers have been on a roller coaster ride of economic volatility. According to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis released in May, imports of goods from February to March decreased by $7.9 billion. As a result, many brick-and-mortar stores closed due to cautionary consumer spending on goods such as toys, games, sporting goods, textile apparel and household items.

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Topics: Retail, Supplier Management, Global Trade Management, Global Supply Chain

Duty Management: The Alphabet Soup

Posted by Ryan Gudovitz on Fri, Jul, 1 2016 @ 9:00 AM

NAFTA, CAFTA, TPP, FTZ... How do you spell “Trade?”

All the acronyms used to reference trade and duty programs can sound a lot like alphabet soup. But they represent a variety of opportunities for exporters to grow their business overseas by making their products more affordable in growing markets. Furthermore, FTAs and FTZs allow importers to dramatically lower the duties and taxes they pay. 

Savings from these programs can be significant, and are often measured in the millions to tens of millions of dollars annually. And yet, many shippers don’t participate because the complexity of each unique trade agreement and the difficulty navigating the regulatory intricacies. 

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