Global Trade Management: The Past, Present, and Future

Posted by Joseph Gabro

Global Trade Management (GTM) has evolved from a collection of standalone supply chain and enterprise applications into an integrated, robust solution that ties them all together on a common platform. Just as supply chains have changed dramatically in the past decade to adapt to new global sourcing and production trends, companies that seek to stay on the forefront of GTM and supply chain management are embracing advances that give them an edge over the competition. But where should you start? And what does the future hold in store?

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

Game-Changing Duty Drawback Simplification is Here – Are You Ready?

Posted by Kelsey Barker

Duty Drawback Simplification regulations are finally here, and they’re a game-changer for importers and exporters looking to recover duties and fees. Companies can now go back five years for duty drawback claims, but you need a plan.

Join Amber Road’s Global Trade Academy for a complimentary webinar this Thursday, September 13, at 2PM EST, with Drawback Specialist Brenda Sweetman.

Brenda, along with Global Trade Academy’s Suzanne Richer, will walk you through the key points in the proposed regulations:

  • The items the CBP has settled – and what they still have to negotiate
  • A timeline: how and when to apply
  • The eligibility of brand new tariffs for drawback

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Topics: Duty Management, Import Compliance, Export Compliance

UK Aims to Prep Businesses in Case of No-Deal Brexit

Posted by Gary M. Barraco

With just over six months to go before the ongoing divorce saga of Brexit is finalized, the UK government is preparing businesses for the possibility of a ‘no-deal Brexit’. In this scenario—which they insist is really, really unlikely—the UK and the EU will split on March 29, 2019 without an agreement in place outlining their new relationship. This would affect every business in the EU and UK that conducts cross-border trade, along with companies that currently export to the UK under EU rules.

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Topics: Global Trade Management, Global Trade Content, Global Knowledge

Seeking Supply Chain Excellence in August 2018

Posted by Veronika Clough

The search for supply chain excellence is on in August. From keeping an eye on activities inside China’s borders to the quest for eternal supply chain knowledge, or how to face the challenges and opportunities of free trade and compliance. Amber Road’s subject matter experts provide solutions across the supply chain in a range of published articles from industry publications.

China has Another Trade War Going on Behind the Wall in Supply Chain Dive:

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Topics: Global Supply Chain, Production Management, Global Sourcing, Trade Compliance

China's Trade War Going On Behind the Wall

Posted by Gary M. Barraco

It’s incredible how many people who are not in the supply chain business know a whole lot about global trade today – but not for the right reasons. The ongoing trade wars between the United States and China have taken center stage in every media outlet around the world, and organizations buying and selling goods globally are feeling the effects. However, recent dramatic regulatory changes in China have been dwarfed by the tit-for-tit tariff talk. These changes have equal importance and impact on global trade, yet most shippers aren’t tuned-in quite yet.

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Topics: China Trade Management

Webinar: Trade Updates for NAFTA, ACE, and Anti-Dumping Investigations

Posted by Kelsey Barker

Summer is ending, and it’s time to study up! Between CBP’s ACE updates, NAFTA re-negotiations, and anti-dumping and countervailing duties investigations – a lot of updates are expected in August.

So sharpen your pencils, organize a new binder, and tune in to Global Trade Academy’s webinar next week with international trade lawyer Robin Grover.

 

Trade Updates for NAFTA, ACE, and Anti-Dumping Investigations

Tuesday, August 21, at 2PM EST

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Topics: Free Trade Agreements, Import Customs Filing, Export Customs Filing

Podcast - Evolving to ONE Digital Supply Chain

Posted by Courtney Correll

Jamie Bragg, the Executive Vice President and Chief Supply Chain Officer with Tailored Brands, sits down with CIO Talk Network in our Evolving to ONE Digital Supply Chain podcast. Bragg explains the importance of organizations adopting a single comprehensive approach to operating their global supply chains. To learn more about Bragg's advice, read the podcast's full transcript below: 

Sanjog: Today most organizations are recognizing the value of going digital when it comes to a supply chain, but they introduce it only as a point solution to automate specific processes or functions. This is a fragmented and opportunistic approach that may be undermining the supply chain. The discussion here is to explore how organizations can define and adopt digital in one holistic approach to operating supply chain across the globe.

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Topics: Supply Chain Visibility, Global Trade Management, GTM Best Practices, Global Trade Management Software

Sizzling Supply Chain News for July 2018

Posted by Veronika Clough

It certainly was hot in July – heat waves across the US and Europe, and everyone’s focus on global trade. Amber Road is all over the news talking about digital best practices and solutions including where to find the value and business benefits of going digital with your supply chain, real benefits of US reshoring for manufacturers, and the answers to ethical and social compliance across the supply chain.

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Topics: Supplier & Product Traceability, Supply Chain Visibility, Global Supply Chain

Why Does Product Testing Matter?

Posted by Kelsey Barker

As protectionism continues to rise across the world, the chance of having your goods stopped at the border increases as well. There are volumes of legal documentation and a corps of agents enforcing regulations in each country all over the word. These rules are in place for many reasons: protecting against terrorism, consumer safety, balancing trade, and generating revenue, to name a few. 

In particular, a lack of testing and certification that should occur well before the goods are shipped often leads to improper or incomplete documentation and can cause shipment delays.

Amber Road's eBook, Stopped at the Border: Why Product Testing Matters, explores how to combat border delays through rigorous product testing.

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Topics: Product Testing, Risk and Quality Management

Digitization Creates a Strong Value Chain: Generating Cost Reductions

Posted by David Hamilton

Most business decisions are determined by money, whether its revenue generated or potential savings. Due to increasing globalization in today’s markets, coupled with an unstable regulatory environment, global supply chains are becoming more complex than ever before. This has increased the difficulty of simple day-to-day operations, let alone optimizing costs. The current influx of multiple transportation routes and carriers, updated government regulations, and several other factors will continue to bring hardship unless a strong value chain is obtained.

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Topics: Global Supply Chain, Supply Chain Visibility, GTM Best Practices, Global Trade Management Software, Global Knowledge

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