Global trade management can be complex…and so can the terminology! We created a series of short videos to help you understand the basics. Last week we introduced the first video in the series, which focused on restricted party screening. This week we will focus on landed cost.

In the second video of the series, we explain what a landed cost is and what components are involved in this complex calculation. Take a minute to learn more about landed costs – watch this short video:

Global trade management can be complex…and so can the terminology! We created a series of short videos to help you understand the basics. These videos focus on the key points you should know about restricted party screening, landed costs, duties, tariffs, and incoterms.

In the first video of the series, we explain what a restricted party is, and why Restricted Party Screening (RPS) should be an essential part of your compliance program. If your company engages in business with a denied party, you can face fines, penalties, a loss of export privileges, and even jail time.

As midsized companies expand into new foreign markets, they must also expand their export compliance programs – which is not easy. Many companies are lacking senior management involvement and process automation, according to a recent Amber Road survey of over 360 midsized companies.

Join Amber Road and AAEI for a complementary webinar entitled Growing Pains: The Challenge of Going Global on Tuesday, July 15 at 2:00 pm EDT as we discuss how you can overcome the export compliance challenges associated with going global. Presenters will discuss:

• Compliance challenges midsized companies are dealing with on a daily basis
• How you can use automation to combat those challenges
• Real world examples and tips from a Trade Compliance Manager to help you better manage your export compliance processes