Webinar: Wrapping Up Global Trade in 2017

Posted by Mandy Hyde

The past year of global trade management has been riddled with policy uncertainty and growing protectionism as ongoing negotiations, such as NAFTA and Brexit, bring promise of widespread trade changes and an influx of new policies and regulations. The World Trade Organization originally reported in April that global trade was expected to recover in 2017 and 2018; however, in order for a rebound in economic performance, governments would need to pursue "the right policy mix." Did this happen? What forthcoming trade trends do importers and exporters need to prepare for?

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Topics: Global Trade Content, Trade Content Specialists

How Would Your Company's Supply Chain Solutions Benefit From Digitization?

Posted by Mandy Hyde

The dynamic nature of global trade has begun to make it impossible for organizations of any size to operate manually. The global trade industry is becoming increasingly aware of the fact that supply chain solutions need to consistently evolve in order to keep pace with ever-changing global trade policies and regulations. With so much change both in the supply chain and within our regulatory environment, is there a "magic pill"?

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Topics: Global Trade Management Software, Global Trade Management

Know Your Customer.....and Everyone Between You

Posted by Mandy Hyde

Companies today are exposed to a plethora of risks because of the dynamic and collaborative nature of supply chains. While it's impossible to eliminate all the risks that may exist in the vast business ecosystem, it is possible to mitigate some of these dangers by implementing an export compliance program with a robust restricted party screening strategy.

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Topics: Export Management, Export Compliance, Restricted Party Screening

Webinar: Leveraging Free Trade Agreements: The Hidden Benefits

Posted by Mandy Hyde

Most global trade professionals are aware that free trade agreements, such as NAFTA, CAFTA, and the plethora of bilateral trade agreements can save companies millions of dollars annually in duties and taxes. This is turn creates an attractive opportunity for exporters to grow their business overseas by making their products more affordable in growing markets. Unfortunately, many organizations choose not to leverage FTAs due to the complexity and dynamic regulatory environment associated with each unique FTA. Trade professionals who still use manual or outdated FTA management solutions could be paying up to several million dollars more than necessary each year.

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Topics: Duty Management, Free Trade Agreements

Export Compliance Violations - Are You In Danger Too?

Posted by Mandy Hyde

Companies violate export compliance laws every day. Either an organization intentionally commits export violations and misleads the government, or simply lacks the proper export compliance program to alert them when in danger. 

Either way, these violations can ultimately lead to millions of dollars' worth of fines, loss of credibility, a tarnished reputation, imprisonment and loss of exportation privileges. Although a majority of companies would never intentionally commit export compliance violations - the latter happens all too often to unsuspecting organizations with an outdated, manual or weak export compliance solution.

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Topics: Export Management, Export Compliance