New Executive Order Targets Restricted Parties in Libya

Posted by Nick Fabretti

On April 19, 2016, the President of the United States of America issued an Executive Order, “Blocking Property and Suspending Entry into the United States of Persons Contributing to the Situation in Libya.”

The president issued the below statement on Tuesday, April 19th in light of the new executive order.

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Topics: Document Management, Export Management, Export Compliance, Restricted Party Screening

[Aberdeen Group Report] Leveraging Global Trade Management for Frictionless eCommerce

Posted by Ryan Gudovitz

As globalization continues to cause the world to "shrink" and eCommerce rapidly spreads into every retail category, the requirements to source and manage a global supply chain also increase. Whether as part of its strategic direction or in order to keep up with the competition, there are few companies that do not have some type of eCommerce presence.

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Topics: Global Trade Management Software, Landed Cost Calculation, Global Trade Content, Transportation Management, Global Trade Management, Supply Chain Visibility, Restricted Party Screening, Global Supply Chain, Trade Compliance

Slavery Crops Up in the Global Supply Chain

Posted by Gary M. Barraco

Pervasive human trafficking has turned Thailand’s shrimp processing business into a $7 billion dollar industry. But now that human rights watchdogs have exposed the poor ethical practices in this country, grocers and restaurateurs worldwide are denying knowledge of the intolerable conditions workers must endure to produce the tasty morsels we have come to enjoy at a great price.

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Topics: Retail, Import Management, Supply Chain Visibility, Restricted Party Screening, Risk and Quality Management

Axalta Reduces Corporate Risk with Amber Road’s Export On-Demand Solution

Posted by Kelsey Barker

As companies grow and move into new global markets, their trade compliance risks expand alongside their growing customer base. Keeping up to date with import and export regulations and denied party screening can become manually intensive and inefficient. For those reasons, Axalta Coating Systems, a leading global coatings company, has started using Amber Road’s Export On-Demand solution.

Axalta develops, manufactures and sells a wide selection of performance and transportation coatings to more than 120,000 customers in 130 countries.  The company is enhancing its IT systems for ERP and other technology solutions to control costs and improve efficiency which included a search for a GTM solution deployed in a software-as-a-service (SaaS) module so they could implement very quickly and at minimal IT cost on a global basis.

“As our customer base continues to grow, we needed the ability to address compliance requirements globally and minimize risk without increasing headcount,” said Lisa Ross, director, global trade compliance at Axalta. “We found the solution in Amber Road’s platform. We look forward to reducing  risk and improving efficiencies as we expand.”

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Topics: Amber Road News, Export Management, Export Compliance, Restricted Party Screening

Amber Road Receives ISO 9001:2008 Recertification

Posted by Kelsey Barker

Amber Road's proprietary process for collecting, translating, interpreting and updating country-specific trade regulations has achieved ISO 9001:2008 recertification.

Amber Road commercialized trade content under the trade name Global Knowledge®. In 2014, Global Knowledge was updated with over 13 million new records, with trade content sourced from government agencies in over 145 countries. Global Knowledge provides the intelligence to power Amber Road's GTM solutions.

The ISO 9001:2008 is an internationally recognized set of standards for quality management systems developed and published by the International Organization for Standardization (ISO). Both the ANSI-ASQ National Accreditation Board (ANAB) in the United States and the United Kingdom Accreditation Service (UKAS) independently verified Amber Road's ISO 9001:2008 compliance.

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Topics: Global Trade Content, Export Compliance, Restricted Party Screening, Trade Regulatory Content, Global Knowledge

BIS Adds 29 Persons to List of Foreign Entities Restricted From Exports of Dual-Use Goods

Posted by Fariba Ahdoot

The Bureau of Industry and Security (BIS) has issued a rule that adds 29 persons in Cyprus, Finland, Romania, Russia, Switzerland, Ukraine (including its Crimea region) and the United Kingdom to its list of entities restricted from receiving exports of dual-use goods from the United States. According to BIS, “dual use export licenses are required in certain situations involving national security, foreign policy, short-supply, nuclear non-proliferation, missile technology, chemical and biological weapons, regional stability, crime control, or terrorist concerns.” This rule is in response to the existing sanctions against Russia for violating international law with Ukraine.

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Topics: Amber Road News, Restricted Party Screening

AeroTurbine Ramps up Restricted Party Screening Protection and Efficiency

Posted by Kelsey Barker

In an era of heightened security, determining whether individuals, companies or organizations are restricted from conducting trade is essential. Exporters are responsible for ensuring that they are compliant with government regulations and that their goods are not being sold to undesirable entities. With this situation in mind, AeroTurbine, Inc. has selected the Amber Road restricted party screening (RPS) solution in order to upgrade its compliance processes.

AeroTurbine is a global aviation company specializing in supply chain management solutions, the sale and lease of aftermarket commercial engines, aircraft and parts, technical advisory services and aircraft maintenance to its customers located around the world.

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Topics: Export Compliance, Restricted Party Screening

How Does JACOBS DOUWE EGBERTS Reduce Risk for its Worldwide Coffee & Tea Business?

Posted by Kelsey Barker

Trade regulations and restricted party lists are constantly changing, and many global companies now realize that automated, reliable restricted party screening is an essential part of any comprehensive compliance program. With this insight in mind, global coffee and tea company JACOBS DOUWE EGBERTS has signed a worldwide contract for an automated restricted party screening (RPS) solution.

JACOBS DOUWE EGBERTS is in the process of developing a global corporate compliance strategy and has targeted restricted party screening as the first step towards comprehensive protection.

As one of the world’s largest pure-play coffee and tea companies, Netherlands-headquartered JACOBS DOUWE EGBERTS is the center of an extensive global supply chain. It holds market-leading positions in 18 countries globally as well as a strong emerging market presence. This adds up to hundreds of thousands trading partner entities, all of which will be screened by the Amber Road Restricted Party Screening solution.

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Topics: Import Compliance, Export Compliance, Restricted Party Screening

U.S. and Iran Take a Step Towards Lifting Trade Sanctions

Posted by Fariba Ahdoot

On July 14, 2015, The United States, Iran, Britain, France, Germany, Russia and China reached a Joint Comprehensive Plan of Action to limit Iran’s nuclear program. In exchange, Iran will get billions of dollars in relief from crushing international trade sanctions. Under terms of the deal, "Iran must dismantle much of its nuclear program in order to secure relief from biting sanctions that have battered its economy."

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Topics: Amber Road News, Export Compliance, Restricted Party Screening

Electrocomponents Expands Export Management with Amber Road

Posted by Lisa Feroli

Electrocomponents plc, one of the largest distributors of engineering products, has selected Amber Road’s Trade Automation Export Management solution to expand the Electrocomponents Group’s trade management reach and capabilities, enabling automated product classification, license determination and management, and export compliance. With this, the existing automated restricted party screening will become a seamless part of the Group’s overall trade management processes. The full Amber Road solution will be integrated with the Electrocomponents ERP system and deployed across the global supply chain.

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Topics: Amber Road News, Export Management, Restricted Party Screening