Globalization and Supply Chainmail

Posted by Daniel Smith on Tue, Feb, 26 2019 @ 10:05 AM

There was a time when the world was flat. The world had not yet been explored and global trade only accounted for a small portion of supply to most regions. Goods were mainly produced locally, or within a reasonable distance for them to be transported, at least before the 18th century. This was especially true for perishable goods.  Supply chains linked consumers and suppliers to what they needed—as long as it was close, or they had the resources to bring it from far away. And it used to be that this link was just physical—moving a product from source to consumption.

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Topics: Global Trade Management Software, Global Sourcing, Global Trade Management, Free Trade Agreements

Webinar: How Are Shippers Using Technology to Address Global Trade Woes?

Posted by Kelsey Barker on Fri, Feb, 8 2019 @ 1:40 PM

Global trade has never been as ubiquitous as it is today. Technology of all kinds – from transportation tech like containerization, cargo aircraft, and supermax vessels all the way to the digital global e-commerce marketplace – facilitates an unprecedented flow of products around the world. At the same time, tariff and sanction shifts have become the main enemy of the supply chain manager, who relies on consistency and certainty to plan and execute global trade.

Next week's webinar on February 14 seeks to answer the question: How can we leverage technology to overcome emerging and enduring global supply chain management risks? Amber Road and AAEI conducted a survey of supply chain professionals involved with global trade in order to gain a clearer picture of the primary challenges facing the community, and how their companies are using technology to address these challenges.

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Topics: Global Sourcing, Global Trade Content, Global Trade Management, Supply Chain Visibility, Trade Agreement Identification, Free Trade Agreements, Global Supply Chain, Sourcing Optimization

Bang! Supply Chains Kick Off 2019 in the News

Posted by Veronika Clough on Thu, Jan, 31 2019 @ 10:30 AM

Supply chains are running at full steam in 2019 as some economies boom, while others take hits from obstacles to open commerce and trade. From protectionist trade policies to ever-increasing costs to product recall challenges, Amber Road’s subject-matter experts provide some revolutionary best practices in a range of industry publications to help companies keep the wheels of trade moving.

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Topics: Global Trade Management Software, Global Sourcing, Supply Chain Visibility, Free Trade Agreements, Global Supply Chain, Sourcing Optimization, Supplier & Product Traceability

Amber Road Customers Closing High Performance Gap with Digital

Posted by Veronika Clough on Tue, Oct, 2 2018 @ 12:00 PM
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: Global Trade Management Software, Global Sourcing, Supply Chain Visibility, Order Collaboration

Seeking Supply Chain Excellence in August 2018

Posted by Veronika Clough on Thu, Aug, 30 2018 @ 10:40 AM

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 Sourcing, Global Supply Chain, Trade Compliance, Production Management

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

Posted by Julia Gorman on Mon, Mar, 19 2018 @ 10:30 AM

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, Import Management, Duty Management, Export Management, Transportation Management, Trade Compliance

What is Global Sourcing?

Posted by Joseph Gabro on Tue, Feb, 13 2018 @ 11:10 AM

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, Supplier Management, Sourcing Optimization, Sample & Costing Management, Product Management

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

Posted by Julia Gorman on Wed, Jan, 31 2018 @ 10:15 AM

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, Import Management, Duty Management, Export Management, Transportation Management

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

Posted by Kelsey Barker on Mon, Jan, 8 2018 @ 10:30 AM

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

Could NAFTA Change Global Sourcing Forever?

Posted by Joseph Gabro on Mon, Dec, 4 2017 @ 7:27 AM

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, Supplier Management, Sourcing Optimization, Product Management

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