Allied Electronics Automates Trade Compliance as Global Sales Grow

Posted by David Hamilton

In today’s competitive retail environment, manufacturers, distributors, and retailers face heightened expectations for product quality and delivery time from customers and suppliers. Beyond growing expectations, companies also contend with increasing regulatory complexity and enforcement, changing embargoes and trade agreements, and competitors rapidly expanding product lines.

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Topics: Export Management, Export Compliance, Restricted Party Screening, ITAR Compliance

Brexit Resources: Are Your Import and Export Compliance Teams Ready?

Posted by Joseph Gabro

We are officially one year away (well, 367 days if you want to be exact): On March 29, 2019, the United Kingdom is scheduled to leave the European Union. While Britain is still searching for an independent customs bill that could legislate trade relations outside customs union membership, global trade professionals must prepare for the various scenarios at hand. Although we have known about this impending Brexit since June of 2016, many questions are left unanswered - are your import compliance and export compliance teams ready for the challenges ahead?

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Topics: Import Management, Duty Management, Export Management, Export Compliance

Trade Sanctions Update: The Hotbed Gets Hotter

Posted by Gary M. Barraco

In recent years, importers and exporters have needed to stay on their toes regarding changes to trade rules of all kinds, and that is rightly causing trepidation. 

Economic and trade sanctions are the most widespread and powerful means of displaying disdain for one country’s actions on the world stage. Unilateral or bilateral sanctions are strong penalties that restrict trading activity of goods imported from or to a country. They might also be used to assess duties on particular goods in retaliation for another country’s trade sanctions.

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Topics: Import Management, Export Management, Import Compliance, Export Compliance, Restricted Party Screening, Global Knowledge

Are You Ready for Export & Import Compliance Ch-ch-changes? 

Posted by Paris Riley

As the late great David Bowie said in his 1971 hit song Changes, "time may change supply chains, but supply chains can't change time." Well... maybe not exactly that. Nonetheless, last year brought about many changes in the global trade industry. We saw a rise in protectionist measures worldwide, new import regulations, and free trade agreement negotiations that could greatly impact leading economies. All of these new developments can be quite concerning for importers and exporters, but which should be top of mind and how can you be prepared?

American Shipper’s Import/Export Compliance Benchmark Study: Turn and Face the Change explores the concerns of today’s shippers and provides insight into how other importers, exporters, retailers, and manufacturers handle cross-border trade. In fact, did you know that 40% of exporters want better market access in China for their products?

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Topics: Import Compliance, Export Compliance

Achieve Authorized Economic Operator (AEO) Status – Your Questions Answered

Posted by Julia Gorman

Last month, Amber Road’s Global Trade Academy hosted the webinar Navigate the Post-Brexit Landscape: Achieve Authorized Economic Operator (AEO) Status. With Brexit around the corner in March 2019, your company must have the proper trade compliance processes in place to navigate the post-Brexit landscape.

As the webinar presenter, Suzanne Richer, Director of Trade Advisory Practices at Amber Road, contributed her expertise to the topic. From AEO in the global and UK context to an overview of the Certified Authorized Economic Operator (CAEO™) Specialist Program, Suzanne touched on some of the hottest points of interest. However, when discussing such an in-depth topic, questions are bound to arise.

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Topics: Webinars, Export Management, Export Compliance

Webinar: Achieve Authorized Economic Operator (AEO) Status

Posted by Julia Gorman

Is your organization prepared for the upcoming changes as the implementation of Brexit approaches? Once 29 March 2019 rolls around, your company must have the proper trade compliance processes in place to navigate in the post-Brexit landscape.

Amber Road’s Global Trade Academy is here to support your organization through this trying process. Join our upcoming webinar, Navigate the Post-Brexit Landscape: Achieve Authorized Economic Operator (AEO) Status on Tuesday, January 16, 2018 at 11:00AM EST.

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Topics: Webinars, Export Management, Export Compliance

Feeling the Winter's Cold? For Export Controls, It's Hot in Brussels!

Posted by Arne Mielken

On 19 December 2017, Amber Road joined hundreds of trade professionals at the 2017 Export Control Forum in Brussels hosted by the Estonian Presidency of the Council of the European Union and the European Commission. The Forum was a great opportunity to participate in discussions about the ongoing export control programs in the EU and learn about the current legislative developments regarding the proposal for a modernisation of EU export controls.

High-ranking speakers from EU institutions and international organizations discussed several important topics around export controls including the new proliferation threat landscape in 2017. Amber Road proactively participated and the key points of the conference are summarized here.

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Topics: End-Use Management, Export Management, Deemed Exports, Export Compliance

Santa's Restricted Party Screening Could Cost Him this Christmas - Could Yours?

Posted by Mandy Hyde

With the recent changes to export restrictions and sanctions around the globe, Santa may have trouble delivering his presents this Christmas. Although Kris Kringle and a majority of exporters already realize what's at stake if they commit export violations, a recent survey found that only 53% of exporters have a full Export Compliance Program (ECP) in place. For many companies, the variety of components involved with implementing a full ECP can be daunting. One way to begin the process of building a complete ECP is to implement a robust, automated screening process with restricted party screening and sanction capabilities.The recurring revisions to export restrictions and sanctions from governments around the world make it challenging for any company to still be manually screening. The United States, especially, has been busy trying to make updates to exporting policies as the Trump administration re-evaluates Obama-era trade tactics. How sure are you that your company's compliance process is keeping you out of harm's way? Are you prepared for the most recent updates to sanctions and entity lists, as well as potential changes still to come in 2018? If you had to pause before answering either of those questions, you and your company could already be at risk.

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Topics: Export Management, Export Compliance, Restricted Party Screening

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

Weapons Manufacturer AirTronic USA Keeps Hypervigilant with Restricted Party Screening

Posted by Julia Gorman

Manufacturers across all industries run a deep risk with ensuring their exports remain compliant with government regulations. These risks increase exponentially when dealing with highly restricted products.

As companies become increasingly global, the examples of those who break sanctions continues to grow at an alarming rate. A recent and large-scale example is the Chinese international technology company, ZTE, that plead guilty to selling electronics to Iran. In the settlement, ZTE agreed to pay $1.19 billion in fines, making it the largest criminal fine in a United States sanctions case.

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Topics: Export Compliance