Blockchain & Purchase Orders - A Match Made in Heaven?

Posted by Paris Riley

Global trade and global trade management are becoming increasingly more complex without the right tools on hand. The solution to navigating the numerous potential complications and their impact on supply chains worldwide has always been technology in the form of a digitized supply chain. If you haven't heard, the big new thing in technology right now is blockchain. But how could this work in the supply chain?

As we delve deeper into blockchain’s potential capabilities and uses, we’ve found that one thing remains the same – blockchain for the supply chain just seems to make sense. In our first whitepaper on blockchain for the supply chain we found that there are a multitude of ways that blockchain could be used, including supplier management and end-to-end visibility.  In our second and newest white paper we further explore blockchain’s potential for use with smart contracts and purchase order management. 

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Topics: Global Trade Management

Global Trade Management: The Past, Present, and Future

Posted by Joseph Gabro

Global Trade Management (GTM) has evolved from a collection of standalone supply chain and enterprise applications into an integrated, robust solution that ties them all together on a common platform. Just as supply chains have changed dramatically in the past decade to adapt to new global sourcing and production trends, companies that seek to stay on the forefront of GTM and supply chain management are embracing advances that give them an edge over the competition. But where should you start? And what does the future hold in store?

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

UK Aims to Prep Businesses in Case of No-Deal Brexit

Posted by Gary M. Barraco

With just over six months to go before the ongoing divorce saga of Brexit is finalized, the UK government is preparing businesses for the possibility of a ‘no-deal Brexit’. In this scenario—which they insist is really, really unlikely—the UK and the EU will split on March 29, 2019 without an agreement in place outlining their new relationship. This would affect every business in the EU and UK that conducts cross-border trade, along with companies that currently export to the UK under EU rules.

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

Podcast - Evolving to ONE Digital Supply Chain

Posted by Courtney Correll

Jamie Bragg, the Executive Vice President and Chief Supply Chain Officer with Tailored Brands, sits down with CIO Talk Network in our Evolving to ONE Digital Supply Chain podcast. Bragg explains the importance of organizations adopting a single comprehensive approach to operating their global supply chains. To learn more about Bragg's advice, read the podcast's full transcript below: 

Sanjog: Today most organizations are recognizing the value of going digital when it comes to a supply chain, but they introduce it only as a point solution to automate specific processes or functions. This is a fragmented and opportunistic approach that may be undermining the supply chain. The discussion here is to explore how organizations can define and adopt digital in one holistic approach to operating supply chain across the globe.

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Topics: Supply Chain Visibility, Global Trade Management, GTM Best Practices, Global Trade Management Software

Talking Logistics Interview with Gary Barraco - Digitization: Where Can You See Value?

Posted by David Hamilton

Gary Barraco, Director of Global Product Marketing at Amber Road, speaks with Adrian Gonzalez of Talking Logistics about several aspects of digitizing the global supply chain and the benefits it provides. Digitizing your supply chain empowers global trade professionals with a competitive edge by providing visibility across shipments, into costs, and ahead of potential risks – all netting significant cost savings. Gary and Adrian address several questions that culminate in building a business case to prove the value of a digital supply chain to your C-Suite.

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Topics: Global Trade Management, Supply Chain Visibility, Import Management, Export Management

Brexit: Journey to the Unknown

Posted by Arne Mielken

On March 29, 2019 the United Kingdom will leave the European Union – and with it the customs union, the EU’s common commercial policy and the European single market, which had hitherto committed the UK to the free movement of labor. Yet with Brexit only some months away, future customs arrangements between the negotiating parties remain totally unpredictable. The uncertainty is poison to global trade.

When we leave the EU, we will also leave the EU Customs Union.”

This was the guiding principle under which the United Kingdom, on its way out of the European Union, first submitted ideas about a future customs collaboration with the EU, including the outline of an independent customs bill.

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

Mitigating Supply Chain Risk

Posted by David Hamilton

Supply chains have become increasingly multifaceted in recent years with more inbound and outbound borders, an increase in transportation routes and carriers, and seemingly endless changes to government regulations. At the same time, supply chain executives are challenged with confronting the accompanying risk and uncertainty with suppliers, products, cross-border regulations, and brand reputation. Potential disruptions in these areas create vulnerabilities in your supply chain, making it imperative to implement the best risk management tools and strategies.

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Topics: Risk and Quality Management, Global Trade Management, Supply Chain Visibility, Global Supply Chain

Your To-Do List For Getting Brexit-Ready

Posted by Julia Gorman

The votes are in and the United Kingdom has chosen to leave the European Union. Brexit arose on June 23, 2016, when British citizens decided to cut ties with over 40 years of treaties and agreements that covered thousands of different subjects. Now, Brexit is scheduled to fully officiate by Friday 29 March, 2019, which means the countdown has already begun.

Amber Road’s new eBook, Getting Brexit-Ready in 2018, is your go-to guide for preparing for the major changes that Brexit will bring. In this case, 'major' means that all aspects of cross-border movement in Great Britain will be impacted. 

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Topics: Free Trade Agreements, Global Trade Management

The Digital Global Supply Chain: Party of the Year!

Posted by Julia Gorman

You were invited to the digital supply chain party – but are you going? Considering the added value of collaboration, analytics, automation, and flexibility, it’s a hard invitation to pass up. However, many global companies struggle to justify the cost of a global trade management solution, which is your ticket into the party.

Amber Road is excited to sponsor the ARC Advisory Group report, The Digital Supply Chain: Don’t Get Left Out Of The Party. The report looks at the digital global supply chain as a pot-luck dinner party. As the goal of a pot-luck dinner is to gather a variety of food and good company, a successful pot-luck requires planning and coordination by the host.

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Topics: Global Trade Management, Global Supply Chain

A CFO's Guide to Transforming the Global Supply Chain

Posted by Joseph Gabro

As CFOs move beyond traditional accounting responsibilities to take on strategic roles in their organizations, many realize that they must do more to optimize their global supply chains. The solution? Implementing a digital model of the global supply chain to better share, process, and analyze information.

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

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