Global Supply Chain Solutions for Life Sciences

Posted by Clarissa Willis on Mon, Jun, 10 2019 @ 10:30 AM

The Life Sciences industry faces unique pressures not seen by any other industry, because of the direct impact it has on the life and death of human lives. Hiccups and mistakes in the global trade management of life sciences products can be catastrophic for not only the patients who didn’t receive the medicine or device they needed in time, but also for the company that was responsible for producing the product. Gaps in quality and speed-to-market can easily create a bad reputation for your brand and leave you with hefty legal liabilities.

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Topics: Global Trade Management Software, Global Trade Management, Life Sciences

From Purchase Order to the Last Customs Mile: Streamlining and Automating the Global Supply Chain

Posted by Lacey Pierce on Thu, May, 30 2019 @ 10:38 AM

As supply chain executives look towards the future, they are faced with a turbulent sea of geopolitical and environmental complications. With current events such as Brexit and USMCA creating uncertainty in global supply chain strategies, executives need to evaluate every opportunity to improve their long term supply chain strategies.

 

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Topics: GTM Best Practices, Global Trade Management

Improving Cost, Quality and Speed in the Fashion Industry: Part 1

Posted by Clarissa Willis on Wed, May, 22 2019 @ 10:30 AM

Fashion is a tricky business, and gaining cost, quality and speed advantages can be difficult to do in an already complicated and competitive market. There are seasonal changes where products must be designed, developed, sourced, tested and imported and exported in a limited amount of time. Of course, this increased pressure to move quicker in getting products to market can make it more difficult to maintain a quality. If this wasn't enough to deal with, there are also the chaos customers create by not following trends, often making demand unpredictable. The list of challenges goes on and on. However, amid these ongoing struggles, and fluctuations in the global economy over the last few years, the footwear and apparel industry still has a chance to successfully adapt and thrive.

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Topics: Apparel, Global Trade Management Software, GTM Best Practices, Global Trade Management

The Long Arm of OFAC – How US Sanctions Impact Pretty Much Everyone

Posted by Daniel Smith on Tue, May, 21 2019 @ 11:12 AM

When you think sanctions, there are a few things that probably come to mind: Iran, North Korea, possibly Russia. You may envision munitions being smuggled in Cold War-era trucks by rogue factions of defunct military groups.  You may think only bad actors such as known terrorists are direct targets of US sanctions, and only companies that operate within the US are subject to sanctions rules. If you think this, you’d be wrong.

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Topics: Global Trade Management Software, Import Management, Export Management, Global Trade Management, Global Knowledge

Fashioning Better Supply Chains – The AAFA Annual Conference

Posted by Daniel Smith on Wed, May, 15 2019 @ 10:00 AM

Earlier this month, I joined representatives from dozens of footwear and apparel brands in Washington, D.C for a pulse-check on market trends and regulatory changes that affect the industry. The conference, hosted by the American Apparel and Footwear Association (AAFA), provides a space every year for industry advocates to meet with people actually in the industry to discuss global trade and supply chain issues. Amber Road has been a sponsor of the event for many years, and this year in particular presented an opportunity for a lively discussion. Fittingly, the theme of the event was "Solutions to Challenging Times."

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Topics: Global Sourcing, Global Trade Management

Global Supply Chains Spring Into Action

Posted by Veronika Clough on Tue, Apr, 30 2019 @ 10:30 AM

Global trade is exploding; supply chains in every industry continue to ramp-up movement of goods, maintain pace with trade regulations, and gain the competitive advantage by being the fastest, top-quality, and least expensive. Staying on top of your game means you have to focus on improving supply chain visibility while tightening costs and keeping up with consumer demand. To help companies, Amber Road’s subject matter experts provide best practices across the supply chain in a range of published articles from industry publications.

All is Not Quiet on the Western Front: Trade is Happening in Logistics Viewpoints

While most of the world is tuned-into the ongoing tariff battles between the US and China, European nations are using the opportunity to strengthen their relationship with China. Moreover, China President Xi’s orchestrated visits to EU leaders is putting pressure on US trade negotiators.

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Topics: Global Trade Management, Supply Chain Visibility, Free Trade Agreements, Global Supply Chain, Trade Compliance

Why All the Angst Over Brexit?

Posted by Daniel Smith on Mon, Apr, 15 2019 @ 12:00 PM

Last Friday was the date set for Britain’s withdrawal from the European Union. What might ultimately have happened on this day has been salivated over by some and agonized over by others ever since the UK voted nearly three years ago to withdraw, an event quickly dubbed “Brexit”—Britain Exiting the EU.  After the Brexit referendum, British Prime Minister Theresa May had over two years to negotiate an exit strategy that would gain Parliament's support. This proved more difficult than most anticipated, and the deadline was pushed back to April 12, 2019. But with the next deadline looming and nothing concrete in the works, the PM Theresa May and EU leaders agreed to extend this date for another six months; so, for now, the UK remains in the EU. But those not living in the UK may be wondering, why all the angst? Why can’t the UK just withdraw? The short answer is, they could. The long answer is much, much more complicated.

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Topics: Global Trade Management Software, Import Management, Duty Management, Export Management, Global Trade Content, Global Trade Management

6 Steps to a Great Technology Stack

Posted by Devon Miller on Wed, Apr, 3 2019 @ 2:15 PM

As global trade continues to grow in complexity, the demands on supply chains are only becoming greater. With the emergence of new transportation technologies in tandem with regulatory and geopolitical shifts, developing a comprehensive global supply chain strategy becomes increasingly more difficult. In the midst of the Fourth Industrial Revolution, it is critical for organizations to stay ahead of the global trade challenges stacked against them.

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Topics: Global Trade Management Software, GTM Best Practices, Global Trade Management

Get Your Reality Check – A Supply Chain Technology Innovation Benchmark Study

Posted by Lacey Pierce on Thu, Mar, 14 2019 @ 1:15 PM

As technology evolves and disrupts our industry, it is important to take a step back and get a “reality check” on the usefulness of these technologies, especially as leaders are looking for new innovative technologies to give their companies a competitive advantage in the market. It can be difficult to separate out the hype surrounding these new technologies from the reality. This industry report, Reality Check: Supply Chain Technology Innovation Benchmark Study, works to help you do just that.

American Shipper’s Ben Meyer surveyed 296 supply chain stakeholders to more closely examine the trends around investment in both current and futuristic supply chain technologies. By doing this, he hopes to determine not only how the industry feels about new technologies, but how serious they are about implementing them in their own company.

Some key statistics that you can find in the report include:

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Topics: Global Trade Management Software, GTM Best Practices, Global Trade Management

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

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