EU-Mercosur: An Historic Trade Agreement

Posted by Celine Gouriou on July 10, 2019

It took 20 years of negotiations to bring about the free trade agreement between the European Union and the South American Mercosur countries.

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Topics: Duty Management, Free Trade Agreements

E2open Completes Acquisition of Amber Road

Posted by Stephanie Miles on July 2, 2019

E2open, LLC (“E2open”), the one place in the cloud to run your supply chain, today announced the completion of its previously announced acquisition of Amber Road, Inc. (NYSE: AMBR) (“Amber Road”).  Chicago Merger Sub, Inc., a wholly owned subsidiary of E2open (the “Purchaser”), completed an all cash tender offer for all of the outstanding shares of Amber Road common stock, followed by a merger.

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Topics: Amber Road News

Supply Chain Pressures Heating Up This Summer

Posted by Veronika Clough on June 28, 2019

Blistering heatwaves aren’t only rolling through Europe. Global trade is heating up with looming trade wars, demanding and cumbersome regulations and brewing disruptions with stormy summer weather. To keep cool and in control, companies must have clear visibility across their supply chains and the right tools to keep everything running smoothly. Amber Road’s subject matter experts offer insight and solutions in the following articles, which appeared in industry publications.

CBP Updates Supply Chain Cybersecurity Guidelines in Sourcing Journal

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Topics: Apparel, Transportation Management, Global Trade Management, Footwear, Global Supply Chain, Trade Compliance, Risk and Quality Management, C-TPAT, Import Customs Filing, Export Customs Filing

Trade with China: What's Going on Behind the Wall?

Posted by Lacey Pierce on June 26, 2019

While the world has been focused on the retaliatory trade regulation changes, China has made some dramatic changes to its import and export policies that will affect any company trading in China’s economy. Gary Barraco, the Director of Global Product Marketing at Amber Road, discusses these changes and what it means for a company’s current China trade management strategy and companies trying to break into the Chinese marketplace on the SupplyChainBrain podcast with host Bob Bowman. These changes have been overshadowed by the tit-for-tat tariff talks, but that doesn’t detract from the importance of these changes on global trade.

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Topics: China Trade Management, Duty Management

Your Questions Answered: CTPAT New Minimum Security Criteria

Posted by Suzanne Richer on June 19, 2019

Customs and Border Protection’s (CBP) new CTPAT minimum security criteria are here, and the changes to the program bring CTPAT into alignment with fundamental AEO requirements. 

The Global Trade Academy was pleased to welcome CBP Branch Chief Carlos Ochoa to our webinar a few weeks ago to expand the discussion on how the program is aligning itself to new and existing threats not in place when CTPAT was first championed in the early 2000s. 

Check out Amber Road’s Global Trade Academy resource library to hear the original webinar. Here’s a recap of some of the most pressing questions posed during the program.

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Topics: Global Trade Academy, C-TPAT

Bytes4Bites Food Drive Competition Feeds Thousands in the Raleigh Community

Posted by Stephanie Miles on June 18, 2019

In the inaugural Bytes4Bites fundraiser to benefit the Food Bank of Central & Eastern North Carolina, Amber Road raised the equivalent of 53,753 meals for those in need. Amber Road’s Raleigh office hosted the Food Bank’s Bytes4Bites competition to expand upon 13 years of hunger relief efforts by inviting other technology firms in the Research Triangle Park area to participate.

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Topics: Amber Road News

Global Supply Chain Solutions for Life Sciences

Posted by Clarissa Willis on June 10, 2019

The Life Sciences industry faces unique pressures not seen by any other industry, because of the direct impact it has on the life and death of human lives. Hiccups and mistakes in the global trade management of life sciences products can be catastrophic for not only the patients who didn’t receive the medicine or device they needed in time, but also for the company that was responsible for producing the product. Gaps in quality and speed-to-market can easily create a bad reputation for your brand and leave you with hefty legal liabilities.

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Topics: Global Trade Management Software, Global Trade Management, Life Sciences

Why Duty Drawback is Making a Comeback

Posted by Lacey Pierce on June 4, 2019

It is estimated that over $600 Million is recovered annually through the US Duty Drawback program and that is only 15% of the drawbacks that are available. This means that 85% of potential drawbacks are not being claimed each year, according to U.S. Customs. Are you leaving a savings opportunity on the table? This is exactly what Matt Robeson, Product Manager at Amber Road, talks about during his appearance on the Talking Logistics podcast.  During the 30 minute interview, Matt explains what a duty drawback is, how to qualify for it, why it has been brought to the forefront of global trade in 2019, and how companies can start implementing their own drawback process.

 

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Topics: Duty Management, Foreign-Trade Zones, Product Claim Details and Storage

Global Supply Chain Solutions for Retailers

Posted by Kelsey Barker on June 3, 2019

Retailers, let’s face it: your job is only becoming more challenging.

While consumers expect you to deliver higher-quality products faster and at lower prices, the cost and complexity of your supply chain is increasing. Between tariff and duty fluctuations, labor hikes in key sourcing countries, and continuing visibility issues, staying afloat in today's retail market requires fast-acting strategy and the support of a comprehensive global trade management solution. 

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Topics: Supplier Management, Supply Chain Visibility, Product Testing, Risk and Quality Management, Supplier & Product Traceability, Product Management

Disruptions, Adjustments, and Norms, Oh My!

Posted by Veronika Clough on May 31, 2019

As uncertainty, complexity, disagreements, and disruptions continue to plague global trade, companies must be even more diligent and use every tool they can to keep their supply chains running smoothly. One of the most important factors is visibility – full visibility with the capability to see and control every critical aspect of the supply chain. In the articles below which appeared in industry publications, Amber Road’s subject matter experts offer some best practices to gain better visibility and control across the supply chain.

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Topics: Manufacturing, Supply Chain Visibility, Trade Regulatory Content, Global Supply Chain

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