WTO-ICC Small Business Champions Initiative

Posted by Courtney Correll

The WTO-ICC Small Business Champions Initiative has been created by the World Trade Organization and International Chamber of Commerce in order to encourage companies to propose innovative, but practical ideas for mid-market enterprises to engage in more international trade. This initiative was specifically designed to provide a platform for smaller businesses to become aware of their potential global markets and further use this knowledge to gain resources and technology that will help them trade internationally. The WTO-ICC Small Business Champions Initiative is asking for large enterprises and private-sector organizations to design proposals that will help level out the playing field between mid-market and larger, more established companies, as well as highlight various success stories and sharpen international trading skills.

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

Amber Road's IPO Day

Posted by LizAnn Nealing

Amber Road is now a publicly traded company! It listed as AMBR on the New York Stock Exchange on March 21, 2014. The video below captures the excitement of the company's initial public offering from the floor of the NYSE to its offices around the globe.

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Topics: Global Trade Management Software, Global Trade Management

Did You Know?

Posted by LizAnn Nealing

Global trade has an even farther reach than you may realize. Did you know?

  • There are over 250 restricted party lists published by governments and organizations worldwide?
  • All current Free Trade Agreements cover 65% of global GDP?
  • From 2003 - 2010, investment and trade between the EU and India more than tripled?

Discover more about these and other trade statistics for China, NAFTA, freight logistics and others that will leave you thinking about the complex world we live in.

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Topics: Global Trade Management Software, Export Management, Global Trade Management, Restricted Party Screening

Going Global Involves Heaps of Regulations, Other Hurdles

Posted by Caroline Brown

Small businesses have increasingly found opportunities to expand globally over the past few years and have only more reason to continue to do so in the future. But as a recent article in Inc. Magazine points out, importing and exporting isn’t as simple as booking a spot on the nearest cargo ship.

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Topics: Export Management, Global Trade Management, Export License Management, Restricted Party Screening

GTM Forecast Cloudy or Clear?

Posted by Nathan Pieri

Global trade management applications require agile networks. Focused outside the four walls of an organization, GTM synchronizes orders with global suppliers, manages transportation with global carriers and controls how companies legally and efficiently cross borders. This extra-enterprise nature of GTM requires an architecture that can handle the demands of connectivity and collaboration across a dynamic supply chain. Introducing, the Cloud.

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Topics: Global Trade Management Software, Global Trade Management

Global Trade Management & Trade Agreement News

Posted by Annika Helmrich

I have pulled together some recent articles on trade agreements and global trade management below. Enjoy!

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Topics: GTM Best Practices, Global Trade Management

Small Business Administration Supports Efforts For More Attention to Small Business Exports

Posted by Annika Helmrich

Ac

cording to the U.S. Chamber of Commerce Web site, it and the Small Business Administration are calling on the U.S. government to stimulate the economy and create jobs by increasing resources available to small and medium-sized businesses that are interested in engaging in international trade.

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Topics: Export Management, Global Trade Management

A Little Advice for First-Timers

Posted by Emily Thornton

As globalization mores forward, it is becoming so that international sourcing is no longer considered a competitive advantage, but a necessity for companies. People are realizing this, and more and more companies are expanding operations to a global level. Since there are major differences between global and domestic supply chain strategies, this can be a little overwhelming. World Trade Magazine has published an article with helpful advice for companies who are in this situation.

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Topics: GTM Best Practices, Global Trade Management

European Small To Mid-sized Enterprises Called To Be More Represented

Posted by Annika Helmrich

Mr. Leclercq, founder and publisher and Mr. Zednik, ceo, both of EurActiv.com published an article in the Wall Street Journal discussing the need for the European Commission and its members to acknowledge the difficulty for small to mid-size enterprises(SME) to expand and compete compared to large enterprises, and to show more commitment to help.

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Topics: Global Trade Management

Small to Mid-sized Companies Push Forward in Export Despite of Recession

Posted by Annika Helmrich

According to American Shipper magazine, many government officials believe the small to mid-sized companies will be in the forefront of the United States' economic recovery, particularly with several federal programs to assist their export efforts.

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Topics: Global Trade Management Software, Export Management, Global Trade Management, Export Compliance

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