Go Digital & Tackle the Complexities of Global Trade

Posted by Julia Gorman

80% of supply chain executives expect the digital supply chain to become the predominant model within 5 years. That's why best in-class companies align global trade management with business objectives and challenge it as a "cost of doing business." These organizations recognize that a digital supply chain results in both qualitative and quantifiable value.

Unfortunately, the trail leading to where the value of digitization can be derived is riddled with complexities. Amber Road and Journal of Commerce partnered up to create an infographic titled ‘Navigating the Complexities of Global Trade Management.’

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Topics: Global Trade Management, Global Supply Chain

Welcome to 2018: A Year of Continued Global Supply Chain Challenges

Posted by Julia Gorman

In 2017, global trade made a major comeback across global economies, inspiring hope that the climate is ready to improve. Simultaneously, the complexity of conducting global trade and complying effectively with numerous and growing regulatory and licensing requirements has also boomed. As we flip the calendar to 2018, companies with global supply chains must remain vigil within this peculiar mix of improvement and distress.

Today, every business is a digital business and the impact of digital strategies on supply chain management are of particular importance. For businesses around the globe, 2018 will be shaped by the success rate of digital transformation efforts. Amber Road’s white paper, 6 Global Supply Chain Trends to Watch in 2018, outlines the top issues that your 2018 digital strategy should address.

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Topics: GTM Best Practices, Global Trade Management

Amber Road CEO Talks Digitizing the Global Supply Chain on Fox Business News – Watch Here!

Posted by Joseph Gabro

Yes, that's right - if you were watching Fox Business News this past Saturday, our newest video aired around 12:00pm EST!

Every company is affected by global trade and in today's enviornment, trade is ever-changing and increasingly complex! So how can your company prepare for the inevitable challenges ahead?

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

The Impact of Technology on Supply Chain Management: Why Go Digital?

Posted by Julia Gorman

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Many global supply chains are still paper-based, reactionary, and error-prone. Even if companies have adopted some digital processes, they are essentially re-keying data in across their suppliers, forwarders, customs brokers, ect. Beyond the large amount of unnecessary work, the resulting errors are inevitable.

Bob Bowman, Editor at SupplyChainBrain, and Ty Bordner, Senior Vice President of Marketing and Business Development at Amber Road, discuss how establishing one central repository of transactional and master data can transform a company’s supply chain and create tremendous value. The video interview, ‘Why Global Supply Chains Must Go Digital’ explores everything from a definition of ‘global supply chains’ to what the future has in store.

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Topics: Global Trade Management, Supply Chain Visibility

Watch Video - Today's Global Trade Route: Amber Road

Posted by Paris Riley

Throughout history, people have been challenged with the logistics of getting products to their consumers. Key routes such as the Silk Road, the Spice Route, and the Amber Road blazed the trail for manufacturers, importers, exporters, and customers – changing the world from a domestic to an international landscape and creating the global supply chain. It is from that important trade lane, and its history of international reach and value, that we took our name – Amber Road.

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Topics: Global Trade Management

Are You Prepared for Global Trade Management in 2018?

Posted by Mandy Hyde

In April of 2017, the World Trade Organization predicted that global trade management was expected to recover in 2017 and 2018. This was reported even amidst the surge of policy uncertainty and growing protectionism due to various updates to export restrictions and sanctions, ongoing trade negotiations, etc. However, in order for this rebound in economic performance to take place, governments had to pursue "the right policy mix." Did this happen and, if it did, what does this mean for 2018?

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Topics: Global Trade Content, Global Trade Management

Agility: Conquering Supply Chain Disruption

Posted by Julia Gorman

supply chain disruptionThe concept of agility has emerged as sustainable source of competitive advantage in face of the current global supply chain challenges. Preceding agility, is the need for a digitized supply chain—making a ‘digital transformation’ the first step to drive further value. Research has revealed that agility is the primary value derived from digitizing.

Digital transformation enables companies to realize the competitive advantage of agility, alongside reduced costs, minimized risks and enhanced visibility. Amber Road’s new eBook, Digitization Creates a Strong Value Chain: Enabling Supply Chain Agility, is the first issue of a four-part series. It explores why supply chain agility has emerged as a dominant competitive vehicle for organizations operating in such an uncertain and ever-changing business environment.

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Topics: Global Trade Management, Global Supply Chain

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

Global Trade Recap: While You Were Away…

Posted by Gary M. Barraco

 

The elongated holiday break gave most people a chance to relax, but for most, that means you have some catching-up to do. Here is a quick recap of some top global trade news stories that emerged in the final weeks of 2017 while you were away from the small screen...

 

 

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Topics: Global Trade Content, Global Trade Management

And Then There Were 11: the TPP Moves on Without the US

Posted by Gary M. Barraco

It was a busy Saturday at the Asia-Pacific Economic Cooperation (APEC) Summit as trade ministers from 11 countries announced an agreement to push ahead with a trade deal whose destiny was uncertain after President Donald Trump dropped out a few months ago. Despite the US decision to pull out of the Trans-Pacific Partnership (TPP) free trade pact to pursue an ‘America First’ protectionist trade agenda, the remaining 11 countries came away with a blueprint to start trading more freely between themselves in a resurrected form of the TPP deal. 

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