The Odds Aren’t in Favor of Your Global Sourcing and Logistics Relationship

Posted by Julia Gorman

Only 1 in 4 shippers connects sourcing and logistics on a single platform. If your organization falls into the majority (and the odds are you do) you likely miss out on opportunities to optimize global performance through the utilization of free trade agreements.

Recent American Shipper research reveals that the odds aren't in favor of your global sourcing and logistics relationship, as illustrated by Amber Road's infographic: Bridging the Sourcing-Global Trade Divide.

Read More

Topics: Global Sourcing, Import Management, Duty Management, Export Management, Transportation Management, Trade Compliance

What is Global Sourcing?

Posted by Joseph Gabro

An entire article answering a simple question – how preposterous, right? While this question could usually be answered in a sentence or two, the current global trade landscape makes it a bit more difficult for everyone to understand. Sourcing executives are now, more than ever, struggling to balance quality and speed with the ever-changing trade regulations, global competition, and general uncertainty in trade.

Business Dictionary defines global sourcing as, “A procurement strategy in which a business seeks to find the most cost-efficient location for manufacturing a product, even if the location is in a foreign country.” But is it really that simple? And how can you master it in 2018 and beyond?

Read More

Topics: Global Sourcing, Supplier Management, Sourcing Optimization, Sample & Costing Management, Product Management

1 in 4 Shippers Connects Sourcing & Logistics on a Single Platform

Posted by Julia Gorman

Traditionally, sourcing and logistics/trade compliance operations have been disparate and distinct. But believe it or not, times have changed. Today, there’s a straight line linking sourcing to global trade, yet many companies continue to treat these operations in traditional ways.

Although commonly overlooked, leveraging the connection between sourcing and trade is critical for optimal performance in today’s global climate. In order to manage supply chains in the current environment, a harmonization of data and functions needs to happen.

Amber Road is proud to sponsor American Shipper’s research report, Bridging the Sourcing-Global Trade Divide. Whether you leverage a single digital platform or not, the findings are sure to shock you.

Read More

Topics: Global Sourcing, Import Management, Duty Management, Export Management, Transportation Management

Webinar: The 6 Global Supply Chain Trends to Watch in 2018

Posted by Kelsey Barker

Are you ready for 2018? Global trade soared in 2017 across major economies around the world, raising hopes that the climate is ready to improve. And at the same time, the complexity of conducting global trade and complying effectively with numerous and growing regulatory and licensing requirements has also exploded.

As we flip the calendar to 2018, companies with global supply chains should keep their eyes and ears open for these primary concerns. Luckily, we'll explore these topics for you in our upcoming webinar, The 6 Global Supply Chain Trends to Watch in 2018, this Thursday, January 11, at 2PM EST.

Read More

Topics: Retail, Apparel, Global Sourcing, Global Trade Management, Supply Chain Visibility

Could NAFTA Change Global Sourcing Forever?

Posted by Joseph Gabro

I hope you got your holiday shopping done early this year, because prices could be rising soon! With the North American Free Trade Agreement (NAFTA) going through rounds of negotiations, global trade professionals can only watch and wait to see what happens. The threat of a NAFTA withdrawal is real and could have revolutionary consequences - disrupting supply chains that link their domestic imports and manufacturing operations with suppliers in Canada and Mexico. Are we going back in time to the days where we strictly manufactured and sourced goods locally? What exactly would the consequences be? Could the new NAFTA change global sourcing forever?

Read More

Topics: Global Sourcing, Supplier Management, Sourcing Optimization, Product Management

Communication is Key: Material Management Just Got a Whole Lot Easier!

Posted by Joseph Gabro

In today's growing fashion industry, companies must meet their customers' demands as efficiently as possible while containing costs and reducing risk. But where should you start?

Read More

Topics: Global Sourcing, Production Management, Material Order Visibility

Amber Road Navigates the Footwear Industry at FTDC

Posted by Julia Gorman

The Footwear Distributors and Retailers of America (FDRA) represents over 80% of the entire footwear industry making it the top business & trade association for the industry. Whether you are a manufacturer, brand, retailer or importer operating in the global footwear industry, FDRA is the voice behind advocating for government regulations, trade and tax policy around the world.

FDRA's Footwear Trade Distribution and Customs Conference (FTDC) is the longest running footwear conference in the United States. The conference will be held in sunny Long Beach, CA from October 22nd to 25th. As a sponsor, Amber Road is excited to exhibit and speak at FTDC alongside 200 of the industry’s top footwear executives, traffic and distribution specialists, customs experts, and service providers.

Read More

Topics: Global Sourcing

Webinar: Straight to the Source of Your Global Trade Problems

Posted by Julia Gorman

Although there is a straight link between sourcing and global trade, many companies fail to make that connection. American Shipper and Amber Road explore this puzzling fact in a special report, Bridging the Sourcing-Global Trade Divide. Shocked by their findings, American Shipper and Amber Road will unravel the facts in an upcoming webinar.

On October, 19th at 2PM EDT, Eric Johnson, Research Director at American Shipper, and Gary Barraco, Director of Global Product Marketing at Amber Road, will expose the disconnect between where a product is made and how that product arrives at its final destination in an hour-long broadcast.

The webinar, Straight to the Source: Why Shippers Struggle to Link Sourcing and Global Trade, hosted by American Shipper, will investigate the following:

  • Why global sourcing decisions tend to be handled in isolation from compliance and logistics
  • How companies decide on where they source and how many suppliers they use
  • Ways to better leverage free trade agreements through informed sourcing strategies
  • How technology can bring siloed decision-makers together

Read More

Topics: Global Sourcing

AAFA Sourcing Conference: How Amber Road is Innovating the Supply Chain

Posted by Julia Gorman

The apparel and footwear industry is fueled by consumers who expect instant gratification. On top of these high demands, the new administration, dramatic changes to shipping and logistics, and shifts in sourcing practices have thrown the industry a curve ball. Although it goes without being said, the apparel and footwear industry has evolved into a complex and rapidly changing environment.

Luckily, technology has been simultaneously evolving to meet and serve the needs of the industry in all its complexities. Those who are looking ahead, understand that collaboration is a critical component to minimize risk and ensure a smooth operating supply chain. They have chosen to harness global trade management solutions to alleviate the stress of their supply chains and optimize their sourcing operations in order to meet their customer’s demands through rapid speed to market and therefore secure loyalty.

Read More

Topics: Global Sourcing, Events, Global Supply Chain

Why Multi-Tier Supplier Collaboration is Gaining Importance

Posted by Gary M. Barraco

It’s obvious to many that global trade enforcement is topping the list of “To Do” tasks for the new U.S. administration. However, many do not realize that this is widespread all around the world and feels a lot like a protectionist measures. President Trump is no longer just talking about aggressive action- his budget plans, formation of new task forces, and cabinet picks all echo his vow to crack down on unfair trade practices by prioritizing trade enforcement functions. In Europe, the 2017 elections could yield more of the same attitude.

Read More

Topics: Global Sourcing, Supplier Management, Production Tracking

Cookie Settings