The Ever-Changing World of Global Trade Management

Posted by Lacey Pierce on July 31, 2019

The world of global trade management is constantly changing course, responding to even the lightest geopolitical winds and leaving companies to redirect their global trade strategies with the unsettled landscape. In The Ever-Changing World of Global Trade Management, SupplyChainBrain’s most recent podcast, Bob Bowman invites Gary Barraco to explore the past, present, and future of Global Trade Management and delve into how it impacts importers and exporters in today’s market.

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

Steering Clear on the Wild Ride of Global Trade

Posted by Veronika Clough on July 26, 2019

It’s been a wild ride in global trade this July – bumpy roads full of regulation potholes; wind-whipping storms slowing movement of goods; and trade wars blocking the flow of global trade traffic. To help companies keep steady, safe, and visible on the global trade trails, Amber Road’s subject matter experts offer insight and solutions in the following articles, which appeared in industry publications this month.

Weathering the Trade Policy Storm: Trade Content is Key in Logistics Viewpoints

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Topics: Global Trade Management Software, Supply Chain Visibility, Global Supply Chain, Trade Compliance

Global Supply Chain Solutions: Manufacturers Edition

Posted by Lacey Pierce on July 19, 2019

Global manufacturers face unique challenges within their supply chains that are further complicated by a turbulent trade environment, geopolitical factors, and their competitors. In today’s market, manufacturers are being pressured from all sides to lower costs and bring products to market faster while delivering goods at the right price, place, and time. This requires executives to pay close attention to their supply chain execution strategies so they can be prepared for any hurdles their supply chain may face.  With numerous siloed systems and departments, this can be difficult even for the most experienced executive. It’s a lot to manage, but you don’t have to manage it alone.

By utilizing current technology that is built specifically for them, manufacturers can lighten the load and create agility within their supply chains. Amber Road’s brochure, Global Supply Chain Solutions for Manufacturers, is designed with manufacturers in mind. It explores the challenges that manufacturers face and solutions that they can use to help ease the burden of dated supply chain management strategies.

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

Global Supply Chain Solutions for Life Sciences

Posted by Clarissa Willis on June 10, 2019

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

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

Posted by Clarissa Willis on May 22, 2019

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 May 21, 2019

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

Why All the Angst Over Brexit?

Posted by Daniel Smith on April 15, 2019

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 April 3, 2019

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 March 14, 2019

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

Speed is the Need in Supply Chains

Posted by Veronika Clough on February 28, 2019

New supply chain technology, changing trade regulations, and increased competition is driving the trade world at record-breaking speed. The pace means forward-thinking companies must take thoughtful steps to harness the power of the latest solutions to streamline global supply chains. In a range of industry publications, Amber Road’s subject matter experts provide thought leadership to help companies win the race.

Navigating Challenging Global Trade Currents in Supply Chain Brain

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Topics: China Trade Management, Global Trade Management Software, Global Trade Content, Global Supply Chain, Sourcing Optimization, Supplier & Product Traceability

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