Make the Switch to a Digital Supply Chain at RILA's LINK Conference

Posted by Paris Riley on Wed, Feb, 20 2019 @ 2:35 PM

Between consumer demands, shrinking deadlines, getting goods to market, rising costs, and shifting trade policies – the job of a retailer is becoming increasingly challenging. But it doesn’t have to be an impossible task. If you haven’t done it yet, it’s time to make the switch to a digital supply chain technology solution that can help you move products to market faster, reduce operating costs, and improve profitability, all while lowering brand risk. 

The Retail Industry Leaders Association's LINK conference in Orlando, Florida next week is a great opportunity to learn more about the numerous benefits of supply chain digitization and its impact on logistics, in-transit visibility, and  free trade agreements. With sessions like The Shopping Revolution: How Successful Retailers Win Customers in an Era of Endless Disruption and Trade Wars: Retailers’ Strategies for Coping with Tariff Uncertainty, you can see what's top of mind for retailers today.

Our white paper, The Top 6 Global Supply Chain Expectations for 2019, also delves into some of these concerns and potential growth areas and outlines how a digital solution can combat volatility in both the market and with government regulations. Amber Road’s global trade management software solutions work to streamline your value chain and mitigate risks allowing your organization to focus on forward growth:

  • Gain real-time visibility, enabling you to respond proactively to disruptions
  • Enhance efficiencies by decreasing manually intensive compliance and supply chain processes
  • Reduce compliance risks and lower material costs
  • Collaborate with suppliers to improve product quality, production status and compliance
  • Reduce landed cost by producing products at cost-optimal locations to minimize tariffs and taxes
Read More

Topics: Retail, Transportation Management, Supply Chain Visibility, Events

Webinar - Fan the Flame: How IoT Data Fuels Global Supply Chain Business Intelligence

Posted by Laura Monroe on Wed, Jan, 9 2019 @ 12:44 PM

Across the globe, experts in all industries seem to agree on one assessment: The Internet of Things (IoT) revolution is just beginning. Connecting the unconnected through software that cleans, standardizes and transmits huge amounts of data not only provides companies visibility into the truth about their business operations but is more accessible than ever!

Read More

Topics: Transportation Management, Supply Chain Visibility, Order and Shipment Visibility, Data Quality Management

IoT Enhances Multi-Mode Logistics Tracking

Posted by Kelsey Barker on Tue, Nov, 20 2018 @ 11:05 AM

Internet of Things (IoT) applications can bring the disparate parts of your supply chain together to create an information ecosystem that benefits all of its participants. Visibility into milestones like current status, location, transit times, costs, POD documentation, and more, has allowed shippers to improve operations, capture data for historical analytics, and improve the future movement of goods.

Companies that leverage technology solutions that provide comprehensive, multi-modal data in a consolidated platform will be leading the pack.

Amber Road's new eBook, IoT Enhances Multi-Mode Logistics Tracking, explores how you can benefit from this new level of end-to-end shipment visibility.

Read More

Topics: Transportation Management, Order and Shipment Visibility, Data Quality Management

Troubled by Rising Transportation Costs?

Posted by Paris Riley on Tue, Jun, 19 2018 @ 2:05 PM
Transportation costs continue to creep into a product’s profit margin. A recent study found that 58% of shippers cite transportation costs as their highest concern. Today, this concern has only grown.
 
Please join Amber Road and Supply Chain Quarterly for our upcoming webinar,  Taking the “Ouch” Out of Transportation Costs , broadcasting live tomorrow,  Wednesday, June 20 at 2pm EDT .
Read More

Topics: Webinars, Transportation Management

Controlling Shipping Costs via Multi-Modal Freight Rate Visibility

Posted by David Hamilton on Thu, May, 17 2018 @ 11:05 AM

In a 2017 American Shipper Report on global sourcing, 58% of shippers indicated that their biggest concern today is rising transportation costs. Shipping rates are climbing much faster than in the past, mostly due to heightened consumer expectations of fast home deliveries. An expanding network of inventory distribution points adds further strain on supply chain professionals.

Read More

Topics: Contract & Rate Management, Carrier Selection & Booking, Transportation Management

The Odds Aren’t in Favor of Your Global Sourcing and Logistics Relationship

Posted by Julia Gorman on Mon, Mar, 19 2018 @ 10:30 AM

Only 1 in 4 shippers connects sourcing and logistics on a single platform. If your organization falls into the majority (and the odds are you do) you likely miss out on opportunities to optimize global performance through the utilization of free trade agreements.

Recent American Shipper research reveals that the odds aren't in favor of your global sourcing and logistics relationship, as illustrated by Amber Road's infographic: Bridging the Sourcing-Global Trade Divide.

Read More

Topics: Global Sourcing, Import Management, Duty Management, Export Management, Transportation Management, Trade Compliance

Stop Throwing Cash Overboard: How to Avoid Demurrage and Detention Fees

Posted by Kelsey Barker on Fri, Mar, 9 2018 @ 9:06 AM

Chances are, you’re not the only one looking to reduce demurrage and detention fees. Recently, a coalition of shippers, freight forwarders, and intermediaries urged US maritime regulators to make it easier to challenge congestion-related fees that container lines and marine terminals impose for delays that were out of their control. Terminals responded that it would cause chaos at the ports. Just this past Monday, the Federal Maritime Commission (FMC) voted unanimously to investigate further the concern of the coaltion, a welcome validation for shippers in the wake of ever-increasing volume, labor disputes and port congestion.

The FMC will discuss whether policy is needed to prevent what the coalition of shippers deemed “unfair” assessment of free time-related fees. While detention and demurrage fees have rarely been light for importers, recent instances of extreme port congestion – such as the aftermath of liner carrier Hanjin Shipping’s sudden bankruptcy, or the West Coast longshoreman’s strike in 2014 and 2015 – have exacerbated the issue. And container volume continues to rise faster than port terminals can expand.

Of course, importers and exporters will continue to rack-up large fees while the FMC slowly deliberates. But demurrage and detention fees are more than just a “cost of doing business”; they often trigger a ripple effect that throws exception into the planned supply chain flow. These exceptions lead to additional costs that add up. While many freight managers accept them as a line item, they have a detrimental impact of the bottom line.

Read More

Topics: Landed Cost Calculation, Invoice Management, Contract & Rate Management, Carrier Selection & Booking, Transportation Management, Freight Forwarder Collaboration

1 in 4 Shippers Connects Sourcing & Logistics on a Single Platform

Posted by Julia Gorman on Wed, Jan, 31 2018 @ 10:15 AM

Traditionally, sourcing and logistics/trade compliance operations have been disparate and distinct. But believe it or not, times have changed. Today, there’s a straight line linking sourcing to global trade, yet many companies continue to treat these operations in traditional ways.

Although commonly overlooked, leveraging the connection between sourcing and trade is critical for optimal performance in today’s global climate. In order to manage supply chains in the current environment, a harmonization of data and functions needs to happen.

Amber Road is proud to sponsor American Shipper’s research report, Bridging the Sourcing-Global Trade Divide. Whether you leverage a single digital platform or not, the findings are sure to shock you.

Read More

Topics: Global Sourcing, Import Management, Duty Management, Export Management, Transportation Management

Beating Stormy Weather: Supply Chain Resiliency

Posted by Gary M. Barraco on Fri, Sep, 15 2017 @ 2:00 PM

Hurricane season is upon the Western Hemisphere, and 2017 looks to be a record-breaking year. Before Hurricane Irma barreled through Florida, where businesses, government agencies and residents were braced for the deluge, it leveled small islands in the Caribbean with high winds, leaving chaos in its wake. A few states over, the floodwaters of Hurricane Harvey may be receding but the price tag is rising to a multi-billion-dollar record. Unfortunately, ongoing disasters are not just attributable to hurricanes. In the western U.S. and Canada, wild fires continue to encroach upon civilization, spelling destruction for homes and businesses in their path. Mexico’s strongest earthquake in a century left dozens dead and buildings destroyed. 

The west isn’t alone in facing life-threatening weather conditions. Heavy monsoon rains paralyzed Mumbai, India's financial hub, flooding streets and disrupting land, air and road traffic. In the Pacific, Macau is suffering an economic loss of US$1.42 billion in the wake of Typhoon Hato, and the Hong Kong Observatory expects three more typhoons to sweep in over the coming weeks.

Read More

Topics: Global Trade Management Software, Supplier Management, Transportation Management, Supply Chain Visibility, Production Management

Demurrage & Detention: The Cash Opportunity of Logistics

Posted by Chester Yavari on Fri, Mar, 24 2017 @ 10:02 AM

"Free time" is often viewed as a luxury that we as human beings look as a time of relaxation, however in the world of global trade it costs about $35 million dollars in demurrage and detention, which are completely avoidable and preventable fees. These fees result in delayed deliveries and payments, lost sales, and lack of product availability for organizations facing congested ports and poor data analytics to help avoid these fines.

Read More

Topics: Rate Management, Contract & Rate Management, Transportation Management

Cookie Settings