Amber Road Customers Closing High Performance Gap with Digital

Posted by Veronika Clough

Despite store closures, sluggish sales, and demanding consumers, at least 50 of the most profitable  retailers still managed to keep growth going. Their success is in large part related to the technology they use to keep their supply chains running at optimal performance and beat the competition in a tough marketplace. Industry resource Apparel magazine has released its annual “Top 50 Report,” not just listing the most profitable US apparel companies, but shedding light onto how they came out swinging in 2018, despite the industry challenges they faced.

In order to hold a position on this list, retail companies need to exceed $100 million in sales, even though most reach into the billions. As publicly traded US companies, these organizations have demonstrated profit margin increases over the last year, grading them in order of these strides in revenue gains.

Amber Road is proud to congratulate 10 of the Top 50 companies who we also have the honor to serve as customers. These are the companies on this year’s Apparel Top 50 list that are customers leveraging Amber Road’s software solutions for supply chain collaboration and execution:
  • Tapestry (Coach, Kate Spade and Stuart Weitzman)
  • Nike
  • Cintas
  • PVH
  • VF Corp
  • Chico’s
  • Ralph Lauren
  • Vera Bradley
  • TJX
  • L Brands

“Some of these notable names have been long-time customers. The year-over-year performance of these winners is impressive, and we believe software solutions do play a hand in their achievements,” said Cheryl Layne, Customer Success Director for Amber Road. “We have always maintained a customer base of growing apparel and footwear companies and we congratulation them for their hard work.”

When asked about challenges, Robert Wallstrom, CEO of Vera Bradley replied: “Over the last few years, retail has been going through a very disruptive cycle, and the industry has changed forever. Technology has revolutionized retail: the e-commerce channel has become the primary growth engine; marketing has transformed to a ‘digital-first’ strategy; the physical store has moved from a place of purchase to a place of brand experience; and artificial intelligence is becoming the core engine to drive change faster than anyone could have previously imagined.” You can read the entire Apparel article here.

It’s apparent these companies understand the business value of automating and optimizing their supply chain execution operations for greater visibility, agility and lowered risk, while reducing sourcing costs across the board. To do it right, organizations need to take a holistic, integrated approach that encompasses every phase in the lifecycle. Amber Road offers companies solutions across the entire supply chain. To learn more about today’s global trade management solutions, click on the download below from Aberdeen Group.

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Topics: Supply Chain Visibility, Order Collaboration, Global Sourcing, Global Trade Management Software

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

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.

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

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?

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

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

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

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?

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

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Topics: Production Management, Material Order Visibility, Global Sourcing

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.

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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

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Topics: Global Sourcing

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