The "-abilities" of Global Trade Management: Product Traceability

Posted by Joe Gabro on Wed, Jun, 29 2016 @ 11:00 AM

Product traceability has become a critical aspect of supply chains and global trade; with definitions that run the gamut depending on the industry or phase in the product lifecycle.  Product traceability may be both a regulatory and environmental issue.  Retailers want to ensure they provide their customers with as much supply chain visibility into sourcing operations, including where their products are manufactured and if those factories maintain safe working conditions, pay workers a fair wage, and use methods that do not damage the environment. Likewise, product testing laws continue to increase in complexity. Traceability is a requirement for many import and export controls, as demonstrated by these regulations:

Read More

Topics: Global Sourcing, Product Testing, Risk and Quality Management, Production Tracking, Quality Control Inspection

Going to the Source:  Supplier Relationship (Micro-) Management

Posted by Gary M. Barraco on Fri, Jun, 17 2016 @ 10:00 AM

Across the world, sourcing, supply chain, and global trade executives are under intense pressure to streamline their processes in order to stay ahead of the competition and keep their companies in the black. But let’s face it — it’s not easy in this environment: light-speed business, stringent compliance regulations, and consumer demand for more agility than a squirrel on a bird feeder.

Studies show the top organizations that have successfully aligned with their key suppliers have reduced risk factors and improved innovation, quality, reliability, and costs/price reductions. Both sides of the business can achieve greater value, which is difficult to achieve if operating independently.

Amber Road customer Dick’s Sporting Goods has adopted new technology to automate and simplify the SRM process, making it easy for sourcing executives to make quick, informed decisions about their suppliers.

Read More

Topics: Retail, Apparel, Global Sourcing, Supplier Management, Supply Chain Visibility, Supply Chain Risk Management, Risk and Quality Management, Production Management

Will we see true reform from TSCA?

Posted by Gary M. Barraco on Wed, Jun, 15 2016 @ 2:00 PM

Last week, the US Congress passed the biggest chemical safety legislation since the Toxic Substances Control Act (TSCA) was enacted 40 years ago to regulate the manufacture, import, and processing of chemicals. Now it awaits President Obama’s approval, considered a sure thing after the White House’s endorsement of the measure in May.  But will the passage of this bill really mean the US finally has a unified and comprehensive chemical safety program that works?

Read More

Topics: Manufacturing, Global Trade Management, Import Compliance, Product Testing, Risk and Quality Management

Benchmark Your Trade Compliance Training Program

Posted by Mollie Leon on Wed, Jun, 1 2016 @ 9:02 AM

Multinational companies are not investing in trade compliance training for their employees, even as organizations and individuals that fail to comply with trade regulations face substantial penalties. Amber Road’s Global Trade Academy conducted a survey to better understand the trade compliance programs and training needs of companies engaged in international commerce and trade across a wide range of industries.

Of the 322 executives from 312 U.S.-based companies surveyed, 56% of the respondents stated their organization is not investing in trade compliance training, even though 28% of all these companies have been fined or warned by government agencies for noncompliance.

Read More

Topics: Import Management, Export Management, Global Trade Management, Global Trade Academy, Risk and Quality Management

Heightened Supply Chain Security in the Shadow of Risk

Posted by Gary M. Barraco on Mon, Apr, 25 2016 @ 4:02 PM

Global supply chains are growing in complexity, yet remain vulnerable to myriad dangers damaging to both people and businesses. Supply chain disruptions, delays and loss of goods are costly global problems. The supply chain must be protected against those disruptions by establishing processes like counter-terrorism evaluations, identifying the most critical elements of the supply chain system, and bolstering resilience so the supply chain can recover quickly from any disruptions. 

Read More

Topics: Supplier Management, Supply Chain Visibility, Supply Chain Risk Management, Risk and Quality Management

Annual Seminar in Hong Kong Continues to Deliver Educational Value and Networking Opportunities

Posted by Gary M. Barraco on Mon, Mar, 14 2016 @ 11:21 AM

For the last three years, sourcing and supply chain executives have met for a full-day seminar in Hong Kong, listening to panels of experts discuss the most current trends in apparel and footwear sourcing. This year the event, originally facilitated by ecVision, the supply chain software provider acquired by Amber Road in 2015, was held on March 1st with support from the US Fashion Industry Association along with other sponsors. 

Read More

Topics: Retail, Events, Risk and Quality Management

Heightened Supply Chain Security: Is There a New Paradigm?

Posted by Ryan Gudovitz on Wed, Jan, 20 2016 @ 4:01 PM

Today, securing the global supply chain is integral to preserving both the lives of people around the world, and maintaining the stability of the global economy. For that reason, solutions and processes need to become part of the supply chain organization in order to protect against disruption.

Read More

Topics: Retail, GTM Best Practices, Events, Global Supply Chain, Risk and Quality Management

[Infographic] Managing Risk in the Supply Chain

Posted by Ryan Gudovitz on Mon, Nov, 30 2015 @ 9:16 AM

Risk is a fact of life for any supply chain. Did you know 90% of firms do not quantify risk when outsourcing production? There are a variety of risks that companies with global supply chains must be aware of to successfully manage their supply chain.

Read More

Topics: Retail, Apparel, Footwear, Global Supply Chain, Risk and Quality Management

Today’s Supply Chain Reveals Signs of a Shackled Past

Posted by Ryan Gudovitz on Tue, Oct, 27 2015 @ 10:50 AM

Slavery in the 1800s was rampant and nearly inescapable – up until 1865. However, despite the 13th amendment and the various international treaties banning slavery’s existence; now 150 years later, a thing from our past appears to be becoming more of a reality. Modern slavery and human trafficking has developed into a greater concern for U.S. companies and their global supply chains.

Read More

Topics: Retail, Manufacturing, Global Sourcing, Global Supply Chain, Risk and Quality Management

Risk in the Supply Chain: Recovering From Disaster

Posted by Nick Fabretti on Tue, Sep, 15 2015 @ 1:22 PM

Traditional methods for managing supply chain risk rely on knowing the likelihood of occurrence and the magnitude of impact for every potential event that could materially disrupt a company’s operations. This becomes much more difficult when high-impact, mega disasters occur. The reality of catastrophes, whether environmental or self-inflicted, is that there isn’t much time for preparation within your supply chain, if any.

Read More

Topics: Retail, Apparel, Supplier Management, webinar, Risk and Quality Management