Webinar: Wrapping Up Global Trade in 2017

Posted by Mandy Hyde

The past year of global trade management has been riddled with policy uncertainty and growing protectionism as ongoing negotiations, such as NAFTA and Brexit, bring promise of widespread trade changes and an influx of new policies and regulations. The World Trade Organization originally reported in April that global trade was expected to recover in 2017 and 2018; however, in order for a rebound in economic performance, governments would need to pursue "the right policy mix." Did this happen? What forthcoming trade trends do importers and exporters need to prepare for?

Read More

Topics: Global Trade Content, Trade Content Specialists

Amber Road's Rules of Origin Search Tool Facilitates the Analysis Process

Posted by Ty Bordner

Lowering or eliminating your customs duties by leveraging free trade agreements or trade preference programs is a smart business strategy. There is an essential requirement to free trade agreement utilization: validating the product against its Rule of Origin (i.e. qualification).  These rules define the criteria by which a product is eligible for participation in the trade program.  When a product is wholly obtained and produced in a single country, it is relatively easy to determine its eligibility.  Difficulties arise in determining eligibility of goods manufactured in, assembled in, or using materials originating in, more than one country.

Read More

Topics: Duty Management, Global Trade Content, Free Trade Agreements

EU Aims to Simplify VAT and Increase Compliance

Posted by Arne Mielken

In the case of customs tariffs, it can seem that dealing with the EU is sometimes easier, as rates and rules are harmonized for its presently 28 Member States. However, digging deeper into other programs can run you into trouble. A perfect example is the EU Value Added Tax (VAT). Monitoring and accurately interpreting the indirect tax changes in the EU and country-by-country (VAT rates are not harmonized) can be a manually-intensive and daunting task. This task is especially tedious when different VAT rules apply depending on the transaction and movement of the goods.

The European Commission has now launched plans for the biggest reform of EU VAT rules in a quarter of a century. The Commission says this reboot would improve and modernize the system for governments and businesses alike by 2019.

The (almost) Successful EU Single Market – Don’t Mention VAT!

Read More

Topics: Global Trade Content

BREXIT, THE BUMPY ROAD AHEAD: EU Tariff Rate Quotas

Posted by Arne Mielken

Negotiations have resumed in Brussels over Britain’s exit from the European Union (EU). Since the last round of talks in July, the United Kingdom (UK) has published a series of position papers on various Brexit issues, including the future customs cooperation with the EU (Open for Business: Customs at the Forefront of the UK’s New Special Partnership with the EU). There is also talk of a transition for the immediate period after Brexit. Real chances of discussing these issues are not dependent on Great Britain alone, but on what transpires at an EU October summit authorizing the start of trade negotiations.

Read More

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

Open for Business: Customs at the Forefront of the UK’s New Special Partnership with the EU

Posted by Arne Mielken

Although Big Ben has been taken out of commission for the next four years while it is being refurbished, the UK is making sure commerce and trade will be running after its departure from the European Union (EU). The story is well-known by everyone in the trade industry; the United Kingdom-European Union membership referendum vote held on 23 June 2016 resulted in 51.9% of voters voting in favor of leaving the EU. The government initiated the official EU withdrawal process on 29 March 2017, putting the UK on-course to complete the withdrawal process by 30 March 2019.

Amber Road has regularly kept our customers and trade professionals in the know about Brexit’s impact on trade. The blog post on 15 June 2016 and a full corporate press release. We also held a special webinar on the “The British Vote Brexit: How Will This Impact Global Trade in EU and US Companies?” which is available on-demand and issued a Q&A paper.

Following months of speculation regarding the UK’s position on various aspects of global trade – positions that are now subject to serious scrutiny as the government negotiates the departure from the EU - an official paper was just released to clarify the government’s plans...

Read More

Topics: Global Trade Content, Global Knowledge, Trade Content Specialists

Your Supply Chain From The Outside In

Posted by Julia Gorman

In today’s global marketplace, internal data can no longer sustain enterprise operations. With the universal complexity of trade laws and regulations, external content has transformed from a supplement to a vital component of global trade management (GTM).

Read More

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

2017: Bracing for Instability in Global Trade

Posted by Kelsey Barker

Global supply chains have been pulled tight, contracted, and at times broken during 2016. As we move into 2017, global trade management executives need to brace against disrupters that have the potential to send your supply chain into a tailspin: What will US trade policy look like? How can my supply chain handle new security risks? What, if anything, will happen to the TPP?

Join Amber Road's Global Trade Academy for our webinar, 2017: Bracing for Instability in Global Trade, on Wednesday, December 7, at 2PM EST to hear thought leaders answer a few of these questions.

Read More

Topics: Retail, Global Trade Content, Global Trade Management, Supply Chain Visibility, Free Trade Agreements, Global Supply Chain, Risk and Quality Management

Video Series Chapter 7: Global Knowledge®

Posted by Joe Gabro

Continued from Chapter 6: Trade Compliance

Organizations buying or selling goods globally are overwhelmed with the mountain of legalese and red-tape required to establish and maintain compliance with government regulations. Language barriers and rapidly changing information add to the existing complexity of global trade.

Read More

Topics: Global Trade Content, Trade Regulatory Content, Global Knowledge

What Really Drives Global Footwear eCommerce?

Posted by Kelsey Barker

Global business-to-consumer e-commerce is growing in leaps and bounds, not only in emerging markets where consumers can find it hard to access coveted and trending products locally, but also as a replacement to brick-and mortar shopping. However, global sales opportunities also present a challenge: to deliver a positive customer experience while combating high shipping fees, hidden costs, inaccurate duties, import and export regulations, and product restrictions.

At FDRA's Footwear Traffic and Distribution Conference in Huntington Beach, CA, next week, don't miss two great presentations by Gary Barraco, Director of Global Product Marketing at Amber Road.

Read More

Topics: Retail, Supplier Management, Global Trade Content, Product Classification, Global Supply Chain

Amber Road Adds Import Controls on EU Invasive Alien Species

Posted by Arne Mielken

On July 13, 2016, the EU added new import controls on invasive alien species (IAS) to its TARIC database with the Commission Implementing Regulation (EU) 2016/1141, adopting a list of invasive alien species of EU concern pursuant to EU Regulation No. 1143/2014. Amber Road's EU Trade Content team has captured these new import controls and updated our global trade content.

Read More

Topics: Import Management, Global Trade Content, Global Knowledge