Rules of Origin Really Do Rule: How to Diversify Your Global Sourcing Portfolio

Posted by Paris Riley on July 23, 2019

Change is a constant when your sourcing practices have to ride the waves of global trade policy. In the face of rising tariff costs, consumer expectations for sustainability, environmental challenges, and international politics, many shippers are looking to change and diversify their global sourcing practices.

Parts and material sourcing is what determines the success of a final product, therefore it is incredibly important that any changes made to sourcing practices keep quality top of mind. Of course, that's not all there is to consider when diversifying your sources. It's easy to overlook something very important that can have a profound effect on the company's bottom line: inputs and their origin.

Read More

Topics: Global Sourcing, Duty Management, Free Trade Agreements

Meet Your Customers' Demand for Quality & Build Sustainable Innovation

Posted by Paris Riley on July 22, 2019

Sustainability is a huge buzzword these days. Everywhere, customers are holding brands to a higher level of accountability - especially in the fashion industry, with the rise of eco-friendly and socially responsible brands flooding the market. Consumers now expect for companies to consider not only the latest trends in fashion but the environment and the well-being of their employees throughout the supply chain. How does one keep corporate social responsibility top of mind while meeting demand for high quality products? The answer lies in automation.

Read More

Topics: Global Sourcing, Sourcing Optimization

CTPAT’s New Minimum Security Criteria: Is Your Supply Chain Secure?

Posted by Paris Riley on May 29, 2019

Today, global supply chain security is more important than ever. When conducting cross-border trade and exchanging of goods across the world, many lurking threats can not only disrupt your business but have potentially dire consequences.  To protect you, your company, and your country, Customs and Border Protection (CBP) has recently released new minimum security requirements as it relates to Customs Trade Partnership Against Terrorism (CTPAT). If you're a CTPAT partner, then you may need to make changes to your supply chain security in order to remain compliant.
 
Hear from CBP directly as CBP's Carlos E. Ochoa and Global Trade Academy's Suzanne Richer present the complimentary webinar,  It’s Time to Review Your Supply Chain Security: CTPAT’s New Minimum Security Criteria, which broadcasts live on  Thursday, May 30 at 2pm EDT
Read More

Topics: Global Supply Chain, Global Trade Academy, C-TPAT

Are You Missing Out on Millions in Duty Drawback?

Posted by Paris Riley on April 19, 2019

Could you be missing out on millions in duty drawback claims? Many shippers aren't taking advantage of valuable savings due to an inefficient or lack of a duty drawback program. When goods are re-exported, destroyed, or used in manufacturing another export, shippers can reclaim up to 99% of duty payments. In fact, it's estimated that there are $2-3 billion of unclaimed duty drawback each year. Isn't it time for you to get your slice of that pie?

Read More

Topics: Duty Management

Rider University's Global Supply Chain Symposium Highlights Sanctions & Other Trade Hurdles

Posted by Paris Riley on April 18, 2019

Managing a global supply chain isn't confined to simple logistics - trade regulations, Customs entry requirements, and shifting tariff rules can have a weighty impact on your landed cost and speed to market.

That's why, at Rider University's Global Supply Chain Symposium, supply chain leaders spoke on a panel titled Global Trade and Its Impact on Your Supply Chain. Suzanne Richer, Director of Amber Road's Trade Advisory Practice, joined executives from Subaru and Firmenich at the symposium which welcomed supply chain and logistics professionals for a full day of presentations and panels from industry leaders.

Read More

Topics: Events, Global Trade Academy

5 Steps to Building an Agile, Resilient Supply Chain

Posted by Paris Riley on March 22, 2019

Conducting international trade can be chaotic. Fluctuating tariffs, duties, and free trade agreements, expanding multi-tier supply sources, new international trade rules, and much more, constantly trigger heavy ripple effects along the entire retail supply chain. The advancement of technology, specifically supply chain digitization, allows full visibility into your design, global sourcing, manufacturing, trade compliance and shipping functions, all united in one central location: The Control Tower. But many organizations are still needlessly hesitant to adopt these rewarding advancements.

Read More

Topics: Apparel, Supply Chain Visibility

Global Post-Entry Adjustment - Now Easier than Ever

Posted by Paris Riley on February 22, 2019

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.

Read More

Topics: Import Management, Import Customs Filing

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

Posted by Paris Riley on February 20, 2019

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
Read More

Topics: Retail, Transportation Management, Supply Chain Visibility, Events

The Top 6 Global Supply Chain Expectations for 2019

Posted by Paris Riley on January 8, 2019

Now that glasses have finished clinking and the confetti from New Year's Eve has been swept away it's time to focus on making this your supply chain's most efficient year yet. It's a new year and that means that you can expect some new changes and challenges to impact your supply chain. Amber Road recently published The Top 6 Global Supply Chain Expectations for 2019, which includes the six biggest predictions to help you prepare for this new year. 

Read More

Topics: Global Supply Chain

Sourcing Journal Report: Digital Aspirations, Blind Spots & the Transparency Divide

Posted by Paris Riley on December 5, 2018

Shippers everywhere are feeling the pressure to increase their products' speed to market. In a world where consumers have become used to expedited shipping and new items on store shelves every week a higher speed to market can be a great competitive advantage. 

That competitive advantage begins with having greater efficiency within the supply chain, but if you're like most of the shippers polled by Sourcing Journal in the report Digital Aspirations, Blind Spots & the Transparency Divide then you may not be sure where to start.

Read More

Topics: Global Supply Chain

Cookie Settings