Speed is the Need in Supply Chains

Posted by Veronika Clough on Thu, Feb, 28 2019 @ 11:29 AM

New supply chain technology, changing trade regulations, and increased competition is driving the trade world at record-breaking speed. The pace means forward-thinking companies must take thoughtful steps to harness the power of the latest solutions to streamline global supply chains. In a range of industry publications, Amber Road’s subject matter experts provide thought leadership to help companies win the race.

Navigating Challenging Global Trade Currents in Supply Chain Brain

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Topics: China Trade Management, Global Trade Management Software, Global Trade Content, Global Supply Chain, Sourcing Optimization, Supplier & Product Traceability

Globalization and Supply Chainmail

Posted by Daniel Smith on Tue, Feb, 26 2019 @ 10:05 AM

There was a time when the world was flat. The world had not yet been explored and global trade only accounted for a small portion of supply to most regions. Goods were mainly produced locally, or within a reasonable distance for them to be transported, at least before the 18th century. This was especially true for perishable goods.  Supply chains linked consumers and suppliers to what they needed—as long as it was close, or they had the resources to bring it from far away. And it used to be that this link was just physical—moving a product from source to consumption.

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Topics: Global Trade Management Software, Global Sourcing, Global Trade Management, Free Trade Agreements

Global Post-Entry Adjustment - Now Easier than Ever

Posted by Paris Riley on Fri, Feb, 22 2019 @ 11:24 AM

After a long day of work, the last thing anybody wants to hear is they need to go back and fix a mistake. Unfortunately, when it comes to the Customs filing process, errors are more common than anybody would like, and once an error is noticed importers have an obligation to go back and correct it. For large shippers who could potentially have 15,000 entries with 150,000 lines in a year, this makes post-entry adjustment a burdensome task to execute. At last, there is hope for importers after all.

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Topics: Import Management, Import Customs Filing

Make the Switch to a Digital Supply Chain at RILA's LINK Conference

Posted by Paris Riley on Wed, Feb, 20 2019 @ 2:35 PM

Between consumer demands, shrinking deadlines, getting goods to market, rising costs, and shifting trade policies – the job of a retailer is becoming increasingly challenging. But it doesn’t have to be an impossible task. If you haven’t done it yet, it’s time to make the switch to a digital supply chain technology solution that can help you move products to market faster, reduce operating costs, and improve profitability, all while lowering brand risk. 

The Retail Industry Leaders Association's LINK conference in Orlando, Florida next week is a great opportunity to learn more about the numerous benefits of supply chain digitization and its impact on logistics, in-transit visibility, and  free trade agreements. With sessions like The Shopping Revolution: How Successful Retailers Win Customers in an Era of Endless Disruption and Trade Wars: Retailers’ Strategies for Coping with Tariff Uncertainty, you can see what's top of mind for retailers today.

Our white paper, The Top 6 Global Supply Chain Expectations for 2019, also delves into some of these concerns and potential growth areas and outlines how a digital solution can combat volatility in both the market and with government regulations. Amber Road’s global trade management software solutions work to streamline your value chain and mitigate risks allowing your organization to focus on forward growth:

  • Gain real-time visibility, enabling you to respond proactively to disruptions
  • Enhance efficiencies by decreasing manually intensive compliance and supply chain processes
  • Reduce compliance risks and lower material costs
  • Collaborate with suppliers to improve product quality, production status and compliance
  • Reduce landed cost by producing products at cost-optimal locations to minimize tariffs and taxes
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Topics: Retail, Transportation Management, Supply Chain Visibility, Events

New White Paper - How Are Companies Using Technology to Address Global Trade Woes?

Posted by Lacey Pierce on Tue, Feb, 19 2019 @ 10:00 AM

2019 was filled with turbulence, both in the geopolitical sphere and the technological one. This created waves throughout the supply chain and trade industry. AAEI and Amber Road worked together on their 3rd Annual Trade Trends Report to determine how companies in the industry are using supply chain technology. Are companies focused on automating previously manual processes? Are they simply using technology to collect data? By interviewing over 100 supply chain professionals, we hope to answer these questions and allow other professionals in the industry to use this data as a benchmark or as a source of data to make informed decisions for their company.

Supply Chain 4.0, otherwise known as the Fourth Industrial Revolution, has been at the forefront of the industry’s mind. With companies experiencing the backlash of the “Amazon Effect,” they are looking to technology to help them meet the 6 “Rs” of supply chain execution. The “Rs” are the right partner, with the right product, at the right price, in the right place, and right time with the right compliance. This is what companies who want to compete in evolving markets are focused on.

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

Customer Testimonial: Amie Anderson, Monsanto

Posted by Joseph Gabro on Tue, Feb, 12 2019 @ 8:53 AM

Monsanto is an agricultural company that provides sustainable solutions for farmers to help them produce food more efficiently. They export from over 40 countries into over 120 countries, with about 30,000 export transactions between those countries.

Amie Anderson, Global Export Manager for Monsanto, discusses how Amber Road’s Global Trade Management solutions have equipped Monsanto with end-to-end visibility into their entire supply chain with consistent and standardized data.

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Topics: Global Trade Management Software, Export Management, Global Trade Management, Export Compliance

Webinar: How Are Shippers Using Technology to Address Global Trade Woes?

Posted by Kelsey Barker on Fri, Feb, 8 2019 @ 1:40 PM

Global trade has never been as ubiquitous as it is today. Technology of all kinds – from transportation tech like containerization, cargo aircraft, and supermax vessels all the way to the digital global e-commerce marketplace – facilitates an unprecedented flow of products around the world. At the same time, tariff and sanction shifts have become the main enemy of the supply chain manager, who relies on consistency and certainty to plan and execute global trade.

Next week's webinar on February 14 seeks to answer the question: How can we leverage technology to overcome emerging and enduring global supply chain management risks? Amber Road and AAEI conducted a survey of supply chain professionals involved with global trade in order to gain a clearer picture of the primary challenges facing the community, and how their companies are using technology to address these challenges.

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Topics: Global Sourcing, Global Trade Content, Global Trade Management, Supply Chain Visibility, Trade Agreement Identification, Free Trade Agreements, Global Supply Chain, Sourcing Optimization

Cintas Selects Amber Road’s On-Demand Global Trade Management Platform

Posted by Kelsey Barker on Mon, Feb, 4 2019 @ 10:41 AM

Cintas Corporation, a leader in their industry, has launched Amber Road’s GTM solution suite. Once fully implemented, the solution will streamline Cintas’ import and export operations, by creating  real-time, collaborative and fully standardized digital trade activities. 

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Topics: Import Management, Duty Management, Export Management, Global Trade Management, Trade Agreement Identification, Free Trade Agreements

Bang! Supply Chains Kick Off 2019 in the News

Posted by Veronika Clough on Thu, Jan, 31 2019 @ 10:30 AM

Supply chains are running at full steam in 2019 as some economies boom, while others take hits from obstacles to open commerce and trade. From protectionist trade policies to ever-increasing costs to product recall challenges, Amber Road’s subject-matter experts provide some revolutionary best practices in a range of industry publications to help companies keep the wheels of trade moving.

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Topics: Global Trade Management Software, Global Sourcing, Supply Chain Visibility, Free Trade Agreements, Global Supply Chain, Sourcing Optimization, Supplier & Product Traceability

Moving Out Of China Isn't So Easy

Posted by Daniel Smith on Tue, Jan, 22 2019 @ 10:08 AM

There has been a lot of recent buzz about companies relocating sourcing or manufacturing out of China. It’s easy to understand why. Supply chains are running at full steam as the economy is booming in many parts of the world, while in other parts economies are taking a hit from obstacles to open commerce and trade. Protectionist trade policies have led to new tariffs – actual and potential – and the accompanying cost increases have led to a general attitude of trade uncertainty, specifically between the US and China.  According to an Amber Road and AAEI 2018 report on Trade Trends, 77% of US importers surveyed consider shifting trade policies as their top challenge in the road ahead.  More than half of these companies also rank the cost of goods sold as their top concern. These higher tariffs add to the total landed cost, eventually affecting the price on the shelf.

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Topics: China Trade Management, Duty Management, Free Trade Agreements, Bill of Material Qualification

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