Reinventing the Retail Supply Chain: Amber Road at RILA 2018

Posted by Julia Gorman

Every year, the 2018 Retail Supply Chain Conference gathers leading retail executives for an opportunity to network and discover developments in retail supply chain management. This one of a kind event is based on the theme of ‘Reinventing the Retail Supply Chain: Accelerating What’s Possible.’ As a global trade management software provider, Amber Road’s products take a strong focus on reinventing the retail supply chain.

Amber Road is excited to attend at this year’s conference in Phoenix, AZ from February 25-28 at exhibit booth 219. Our industry experts will be available to chat & educate global retailers of how Amber Road’s global trade management solutions can serve their organization.

Read More

Topics: Retail, Events, Global Supply Chain

What is Global Sourcing?

Posted by Joseph Gabro

An entire article answering a simple question – how preposterous, right? While this question could usually be answered in a sentence or two, the current global trade landscape makes it a bit more difficult for everyone to understand. Sourcing executives are now, more than ever, struggling to balance quality and speed with the ever-changing trade regulations, global competition, and general uncertainty in trade.

Business Dictionary defines global sourcing as, “A procurement strategy in which a business seeks to find the most cost-efficient location for manufacturing a product, even if the location is in a foreign country.” But is it really that simple? And how can you master it in 2018 and beyond?

Read More

Topics: Global Sourcing, Supplier Management, Sourcing Optimization, Sample & Costing Management, Product Management

Go Digital & Tackle the Complexities of Global Trade

Posted by Julia Gorman

80% of supply chain executives expect the digital supply chain to become the predominant model within 5 years. That's why best in-class companies align global trade management with business objectives and challenge it as a "cost of doing business." These organizations recognize that a digital supply chain results in both qualitative and quantifiable value.

Unfortunately, the trail leading to where the value of digitization can be derived is riddled with complexities. Amber Road and Journal of Commerce partnered up to create an infographic titled ‘Navigating the Complexities of Global Trade Management.’

Read More

Topics: Global Trade Management, Global Supply Chain

Welcome to 2018: A Year of Continued Global Supply Chain Challenges

Posted by Julia Gorman

In 2017, global trade made a major comeback across global economies, inspiring hope that the climate is ready to improve. Simultaneously, the complexity of conducting global trade and complying effectively with numerous and growing regulatory and licensing requirements has also boomed. As we flip the calendar to 2018, companies with global supply chains must remain vigil within this peculiar mix of improvement and distress.

Today, every business is a digital business and the impact of digital strategies on supply chain management are of particular importance. For businesses around the globe, 2018 will be shaped by the success rate of digital transformation efforts. Amber Road’s white paper, 6 Global Supply Chain Trends to Watch in 2018, outlines the top issues that your 2018 digital strategy should address.

Read More

Topics: GTM Best Practices, Global Trade Management

Pivotal Trade Initiatives: Increased Duties & The Global Supply Chain Impact

Posted by Suzanne Richer

The importing community is reacting to the recently announced tariff increases based on a recommendation from the United States International Trade Commission. This led to President Trump’s move to add a 30% tariff on solar cells and up to 50% for imported washing machines. The tariffs on the solar cells would decrease over a four-year period. 

The President is using Section 201 of the Trade Act of 1974, the so-called “escape clause” to take this action. This rarely used statutory provision empowers the President to grant temporary import relief, by raising import duties or imposing non-tariff barriers on goods entering the United States that injure or threaten to injure domestic industries that produce similar goods.  

Read More

Topics: Import Management, Import Compliance, Trade Compliance

Webinar: How Will Changing Trade Policies Impact Your Global Supply Chain?

Posted by Paris Riley

How will your company handle trade policy changes? From the latest trade restrictions on the import of solar panels and washing machines, to ongoing NAFTA renegotiations, extensive policy changes are underway. A recent survey of more than 500 global logistics executives found that shippers are divided on the potential outcome of US free trade agreements negotiations and are generally unsure what to expect. Others are scrambling to deal with unexpected trade regulations that have shaken their industries to the very core.  

Amber Road wants to help you navigate these changes. Currently, there are eight major policy initiatives in review that could be a big adjustment for importers – affecting both the bottom line and key business practices.

Join Amber Road’s Global Trade Academy as we explore the major changes that should be on your radar during our webinar, The Great Trade Pivot: Changing Policies and Their Impact on Your Global Supply Chain, broadcasting live on Wednesday, February 7 at 2pm EST.

Read More

Topics: Webinars, Import Compliance, Global Supply Chain

1 in 4 Shippers Connects Sourcing & Logistics on a Single Platform

Posted by Julia Gorman

Traditionally, sourcing and logistics/trade compliance operations have been disparate and distinct. But believe it or not, times have changed. Today, there’s a straight line linking sourcing to global trade, yet many companies continue to treat these operations in traditional ways.

Although commonly overlooked, leveraging the connection between sourcing and trade is critical for optimal performance in today’s global climate. In order to manage supply chains in the current environment, a harmonization of data and functions needs to happen.

Amber Road is proud to sponsor American Shipper’s research report, Bridging the Sourcing-Global Trade Divide. Whether you leverage a single digital platform or not, the findings are sure to shock you.

Read More

Topics: Global Sourcing, Import Management, Duty Management, Export Management, Transportation Management

Amber Road CEO Talks Digitizing the Global Supply Chain on Fox Business News – Watch Here!

Posted by Joseph Gabro

Yes, that's right - if you were watching Fox Business News this past Saturday, our newest video aired around 12:00pm EST!

Every company is affected by global trade and in today's enviornment, trade is ever-changing and increasingly complex! So how can your company prepare for the inevitable challenges ahead?

Read More

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

The Impact of Technology on Supply Chain Management: Why Go Digital?

Posted by Julia Gorman

Video-Splash-Why-GSCs-Must-Go-Digital-1.png

Many global supply chains are still paper-based, reactionary, and error-prone. Even if companies have adopted some digital processes, they are essentially re-keying data in across their suppliers, forwarders, customs brokers, ect. Beyond the large amount of unnecessary work, the resulting errors are inevitable.

Bob Bowman, Editor at SupplyChainBrain, and Ty Bordner, Senior Vice President of Marketing and Business Development at Amber Road, discuss how establishing one central repository of transactional and master data can transform a company’s supply chain and create tremendous value. The video interview, ‘Why Global Supply Chains Must Go Digital’ explores everything from a definition of ‘global supply chains’ to what the future has in store.

Read More

Topics: Global Trade Management, Supply Chain Visibility

Supply Chain Visibility Win: Quality is in the ‘Sole’ for this Footwear Company

Posted by Paris Riley

Manufacturing can be a risky business. In fact, Whirlpool is currently facing a possible product recall of up to one million dryers due to a defect. What if there was a way to improve quality control in product testing and reduce defect rates at the same time? One leading footwear manufacturer has been making shoes since the late 1800s, but struggled with an 8% product defect rate for years before implementing Amber Road.

Their high defect rate mainly stemmed from a lack of visibility into their supply chain and a disparate supplier base. Amber Road's supply chain collaboration platform enabled this major footwear manufacturer to improve quality and visibility in their supply chain, leading to a significant reduction of claims and defect rates and ultimately reduced risk.

Amber Road’s new Customer Value Summary, Quality is in the ‘Sole’ for this Footwear Company, details their triumphant fight against high defect rates and for greater supply chain agility.

Read More

Topics: Supply Chain Visibility, Product Testing, Risk and Quality Management, Quality Control Inspection