In a recent SCM World survey, 58% of respondents, comprised of global manufacturers and retailers, agree that their inability to take advantage of free trade agreements is costing them a material amount today.
Posted by Colleen Bush on November 25, 2014
In a recent SCM World survey, 58% of respondents, comprised of global manufacturers and retailers, agree that their inability to take advantage of free trade agreements is costing them a material amount today.
Topics: Duty Management, Free Trade Agreements
Posted by Lisa Feroli on November 24, 2014
It is no surprise that Apple is always two steps ahead of the competition. It seems when a new product is unveiled, without question, all other brands follow suit. But when it comes to Apple’s supply chain intricacy, the brand is stuck between publicity and the necessity of secrecy.
Topics: Performance Management Reporting, Global Trade Management, Supply Chain Visibility
Posted by Lisa Feroli on November 20, 2014
SCM World completed their Supply Chain Officer Study this past summer and found that China was ranked as the number one country for growth opportunities by a wide margin. At the same time, it was fifth on executives' list of countries considered too risky to do business in.
Topics: China Trade Management, Global Trade Management, Supply Chain Visibility
Posted by Lisa Feroli on November 17, 2014
When it comes to investing in your international supply chain, awareness is key. Don’t forget to register for the complimentary Logistics Management webinar featuring Amber Road and Aberdeen Group, Domestic vs. International Supply Chain Performance Gap: Uncovering the Investment Disparity, this Wednesday, November 19th at 2:00pm ET.
Topics: Webinars, Amber Road News, Performance Management Reporting, Supply Chain Visibility
Posted by Fariba Ahdoot on November 14, 2014
As the world’s largest exporter and second largest importer, China offers many trade opportunities for companies. However, significant challenges still exist, making it difficult to conduct China global trade share.
With China being an attractive location for sourcing and manufacturing goods, it's crucial to understand the impact of cross-border documentation, licensing requirements, and export compliance with local regulations on supply chain performance.
Topics: China Trade Management, Amber Road News, Duty Management, Global Trade Management
Posted by Kelsey Barker on November 13, 2014
The increased complexity and multi-party nature of global supply chains has led to longer lead times, more in-transit and multi-channel inventory, and the need to control downstream and upstream logistics.
Posted by Lisa Feroli on November 12, 2014
The November issue of World Trade 100, “Technology Pushes Supply Chain Agility,” discusses the ever-present threat of technology disrupters in the businesses arena and how they are challenging supply chains to become more flexible. PwC surveyed 1,500 business and IT executives and concluded that while executives are aware they operate in a disruptive global business community, they are still concerned by inevitable technology disrupters. For this reason, global supply chains must be agile and ready to reconfigure themselves to operate to a new set of business initiatives with the click of a button.
Topics: Global Trade Management Software, Global Trade Management, Supply Chain Visibility, Data Quality Management
Posted by Fariba Ahdoot on November 12, 2014
On September 12, the United States imposed a new round of sanctions against Russia prohibiting U.S. companies from exporting goods, services, or technology to Russian defense and energy companies. Last year, the U.S. exported over $400 million worth of oilfield equipment to Russia. Consequently, the new round of sanctions has greatly affected the oil and gas compliance industry, including suspending a $20 billion joint venture between Exxon and Rosneft, Russia’s state-controlled oil company.
Topics: Amber Road News, Export Management, Global Trade Management, Export Compliance, Restricted Party Screening, Oil & Gas
Posted by Ryan Gudovitz on November 11, 2014
Twas the night before Christmas and all through the house...
You have everything in place for a wonderful morning of holiday gift-giving and memories to be made.
The stockings were hung by the chimney with care…
So you settle down with a mug of warm cocoa, light the log in the fireplace, and unwind from the hustle and bustle of the holiday.
When out on the lawn there arose such a clatter…
I thought, “Uh, oh. What is that noise out there? Kids messing around with my 6 foot inflatable Abominable Snowman? Someone on their way home from a party?”
Topics: Retail, Supplier Management, Supplier Compliance Questionnaires
Posted by Lisa Feroli on November 7, 2014
According to Aberdeen Research, international shipment costs twice as much, takes five times as long and has five times the lead time variability of a domestic shipment. In light of these facts, a 1% improvement in international supply chain efficiency will obviously yield a far greater return than a 1% improvement in domestic supply chain efficiency.
Topics: Webinars, Amber Road News, Performance Management Reporting, Supply Chain Visibility
Posted by Lisa Feroli on November 5, 2014
Supply Chain Insights is looking to get a better understanding of how well global trade management software is used. Please take this brief survey to share your views on:
Topics: Global Trade Management Software, Global Trade Management