Planning Your Global Supply Chain for 2020 and Beyond

Posted by Julia Gorman

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As AI and advanced robotics become a tangible reality, the future of supply chains is put into question. Technology is on the cusp of dramatic changes that will transform the way we conduct global trade.

Amber Road addresses digitization as a critical first step to a future oriented global supply chain. The old way of doing business by fax, email and phone are no longer adequate in today’s fast-moving world. Although we’re operating in present-day, it’s important to prepare and adjust your supply chain and global operations for the future.

Amber Road is thrilled to be sponsoring and speaking at the APICS Professional Development Series in St. Louis on Thursday, January 18th. Suzanne Richer, Director of Trade Advisory Practice at Amber Road, is the event’s featured speaker. Richer will explore, ‘Trends in Global Supply Chains: Planning for 2020 and Beyond.’ 

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Topics: Events, Global Supply Chain

Controlling Shipping Costs via Multi-Modal Freight Rate Visibility

Posted by Gary M. Barraco

Amber_Road_Multi_Modal_Transportation_Mangagement.pngThe Amazon disruptive effect has put an ever-growing strain on supply chain professionals to ensure inventory availability across a broader network of distribution points, along with the capabilities to get product to the consumer in days - if not less. This weight bears down on every step of the shipment process to ensure reliability and accuracy. Smart logisticians are properly orchestrating the fastest and cheapest means of moving goods from factory to consumer. But it isn’t simple....

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Topics: Invoice Management, Contract & Rate Management, Carrier Selection & Booking

Webinar: Achieve Authorized Economic Operator (AEO) Status

Posted by Julia Gorman

Is your organization prepared for the upcoming changes as the implementation of Brexit approaches? Once 29 March 2019 rolls around, your company must have the proper trade compliance processes in place to navigate in the post-Brexit landscape.

Amber Road’s Global Trade Academy is here to support your organization through this trying process. Join our upcoming webinar, Navigate the Post-Brexit Landscape: Achieve Authorized Economic Operator (AEO) Status on Tuesday, January 16, 2018 at 11:00AM EST.

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Topics: Webinars, Export Management, Export Compliance

Are You Prepared for Global Trade Management in 2018?

Posted by Mandy Hyde

In April of 2017, the World Trade Organization predicted that global trade management was expected to recover in 2017 and 2018. This was reported even amidst the surge of policy uncertainty and growing protectionism due to various updates to export restrictions and sanctions, ongoing trade negotiations, etc. However, in order for this rebound in economic performance to take place, governments had to pursue "the right policy mix." Did this happen and, if it did, what does this mean for 2018?

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Topics: Global Trade Content, Global Trade Management

Agility: Conquering Supply Chain Disruption

Posted by Julia Gorman

supply chain disruptionThe concept of agility has emerged as sustainable source of competitive advantage in face of the current global supply chain challenges. Preceding agility, is the need for a digitized supply chain—making a ‘digital transformation’ the first step to drive further value. Research has revealed that agility is the primary value derived from digitizing.

Digital transformation enables companies to realize the competitive advantage of agility, alongside reduced costs, minimized risks and enhanced visibility. Amber Road’s new eBook, Digitization Creates a Strong Value Chain: Enabling Supply Chain Agility, is the first issue of a four-part series. It explores why supply chain agility has emerged as a dominant competitive vehicle for organizations operating in such an uncertain and ever-changing business environment.

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Topics: Global Trade Management, Global Supply Chain

Webinar: The 6 Global Supply Chain Trends to Watch in 2018

Posted by Kelsey Barker

Are you ready for 2018? Global trade soared in 2017 across major economies around the world, raising hopes that the climate is ready to improve. And at the same time, the complexity of conducting global trade and complying effectively with numerous and growing regulatory and licensing requirements has also exploded.

As we flip the calendar to 2018, companies with global supply chains should keep their eyes and ears open for these primary concerns. Luckily, we'll explore these topics for you in our upcoming webinar, The 6 Global Supply Chain Trends to Watch in 2018, this Thursday, January 11, at 2PM EST.

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Topics: Retail, Apparel, Global Sourcing, Global Trade Management, Supply Chain Visibility

Duty Drawback Simplification – All of Your Questions Answered

Posted by Julia Gorman

Last month, Amber Road’s Global Trade Academy hosted the webinar, Duty Drawback Simplification – Earn More ROI on Your 2018 Supply Chain! The new duty drawback law (HR 644) is set to become effective on February 24, 2018. These simplifying changes will provide extensive opportunities for US-based companies to receive refunds on imported goods that are then exported.

Brenda Sweetman, President of Sweetman Drawback Services LLC (SDS), is a veteran duty drawback specialist who shared her expertise as the webinar presenter. Sweetman teaches Global Trade Academy’s Certified Drawback Specialist Course and she is also a Licensed Customs Broker (LCB) and a Certified Customs Specialist (CCS).

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Topics: Duty Management

Global Trade Recap: While You Were Away…

Posted by Gary M. Barraco

 

The elongated holiday break gave most people a chance to relax, but for most, that means you have some catching-up to do. Here is a quick recap of some top global trade news stories that emerged in the final weeks of 2017 while you were away from the small screen...

 

 

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Topics: Global Trade Content, Global Trade Management

Gulf Cooperation Council (GCC) Implements a New VAT

Posted by Kristine Bols

Companies importing into the GCC States (Gulf Cooperation Council: Kuwait, UAE, Saudi Arabia, Oman, Bahrain and Qatar) will no longer be able to move their goods across borders tax-free. Effective January 1, 2018, a 5 percent Value-Added Tax (VAT) rate will be implemented, based on a 2015 Agreement laid-out at the 36th Meeting of the Supreme Council of the in Riyadh. The Agreement aims to establish a common legal framework for the introduction of a general tax (VAT) levied on the import and supply of goods and services at each stage of production and distribution.

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Topics: Product Classification, Global Knowledge

Millions in Duty Savings with Amber Road’s Trade Agreement Solution

Posted by Julia Gorman

If your organization doesn’t leverage free trade agreements (FTAs), you’re likely missing out on significant cost savings. Or maybe your organization does leverage FTAs, but your manual processes are extremely complex and time consuming. With hundreds of available FTAs, each being unique in its qualification requirements, there are many benefits to be sought.

That's why global organizations implement duty management software to combat the complexities of free trade agreement qualifications. The new case study, Premium American Brand Saves Millions in NAFTA Duties with Amber Road, tells the story of an American born company known for creating and selling home maintenance products.

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Topics: Duty Management, Free Trade Agreements