Overcoming the Gaps Separating Sourcing from Logistics and Compliance

Posted by Ryan Gudovitz on Mon, Aug, 29 2016 @ 12:00 PM

Let’s put it bluntly: in most companies, sourcing teams are not well connected to their logistics and trade compliance teams. In fact, recent research from American Shipper shows that fewer than 5 percent of companies have a single platform linking key sourcing activities with freight transportation.

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

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

Upcoming SCDigest Videocast - Global Sourcing and Trade Management

Posted by Lisa Feroli on Fri, Dec, 4 2015 @ 3:53 PM

International companies must keep pace with new research and technology so they remain agile and automated in their global sourcing and trade management practices. But trends change quickly – can you keep up?

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Topics: Sourcing Analysis, Global Trade Management

Lumber Importer Gets Floored by Lawsuits

Posted by Colleen Bush on Mon, Mar, 9 2015 @ 1:53 PM

A leader in specialty hardwood flooring is facing strong allegations of excess use of formaldehyde, a known cancer-causing chemical. The company’s low-cost laminate flooring made in China is under investigation after 60 Minutes reported very concrete evidence against the company’s non-compliance with California’s Health and Safety Standards.

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Topics: Global Sourcing, Sourcing Analysis, Import Compliance

What are Anti-Dumping and Countervailing Duties?

Posted by Anthony Hardenburgh on Thu, Apr, 5 2012 @ 4:21 PM

The Importance of These Duties to Supply Chain Managers

The terms “countervailing” and “anti-dumping duties” are often used together without necessarily distinguishing the two — in fact they are often abbreviated as ADD/CVD. What are these duties, and why are they important to supply chain managers?

Countervailing duties address the consequences of subsidies granted by governments for the production of certain goods. Subsidies effectively make goods less expensive, and when subsidized goods enter other countries, they may undercut or injure local producers. If there is a determination that Country A’s producers have been injured by Country B’s subsidies, then Country A may impose countervailing duties on the goods to close the price gap. Countervailing duties neutralize the negative effects of subsidies.

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Topics: Landed Cost Calculation, Global Sourcing, Sourcing Analysis

Management Dynamics' CEO Featured as an IT Thought Leader

Posted by Emily Thornton on Thu, May, 26 2011 @ 1:39 PM

Management Dynamics' CEO, Jim Preuninger, was featured as an IT Thought Leader in last month's issue of Inbound Logistics. In the feature, Mr. Preuninger discusses trending topics such as the role of technology in the optimization of global supply chains, and steps to simplify the import or export process.

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Topics: Landed Cost Calculation, Amber Road News, Global Sourcing, Import Management, Sourcing Analysis

International Sourcing Strategies and the Influence of Trade Agreements

Posted by Annika Helmrich on Tue, Dec, 14 2010 @ 4:32 AM

This post highlights the importance of doing the appropriate research and background checks of all the cost and regulatory elements BEFORE you commit buying components or finished goods from new off shore vendors.

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Topics: Landed Cost Calculation, Global Sourcing, Duty Management, Sourcing Analysis, Import Compliance, Global Knowledge

Made in America? Part 1

Posted by Annika Helmrich on Thu, Apr, 1 2010 @ 9:42 AM

With all the recent talk about exports, MSNBC has a new section of articles completely focused on the concept of 'Made in America.'

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Topics: Global Sourcing, Duty Management, Sourcing Analysis, Trade Agreements

Despite Economic Recession, Sourcing Remains a Strong Trend

Posted by Emily Thornton on Tue, Jun, 23 2009 @ 6:20 AM

Even though most corporations have implemented cost-cutting measures in recent months, one trend remains prevalent. MFGWatch conducted a survey on more than 200 purchasing professionals and engineers in the manufacturing industry, and 69% said that in the past year they had maintained or grown sourcing. Here's Logistics Today's analysis of the survey results: 2008 Sourcing Needs Stayed Steady, 2009 Big Moves are on Hold

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Topics: Global Sourcing, Sourcing Analysis

McKinsey Study Illustrates New Nearshoring Advantages

Posted by Nathan Pieri on Wed, Sep, 17 2008 @ 7:44 PM

Earlier this year I had the opportunity to hear former president Vincete Fox of Mexico talk about the the changing economics of Nearshoring. And sure enough, I was sitting next to an executive from a large high technology company that had recently shifted production from Asia back to Mexico. Roll forward four months and McKinsey today published a nice article Time to rethink offshoring?

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Topics: Landed Cost Calculation, Global Sourcing, Sourcing Analysis