American Shipper’s latest Import Operations and Compliance Benchmark Study: Two Worlds Collide, reveals the truth about import compliance automation, and provides a comparison of systems-based and manual approaches.

What: Live webinar on SCM World Global Trade Survey Results: Insights from Senior Supply Chain Practitioners

Amber Road would like to thank all of those who attended our Minimizing Exposure, Liability, and Risk in Trade Compliance webinar. The attendees asked some great questions, but unfortunately, we ran out of time and were unable to answer all of them. The presenters were kind enough to provide us with written responses to those questions. Here are a few:

What is the best department to oversee trade compliance? American Shipper’s recent report, “Import Operations and Compliance Benchmark Study: The Secrets of Import Success” suggests that best practice would be to have trade compliance reside in the compliance department. Their assertion makes sense at face value, but John Wainwright, Vice President of Customs Compliance at Leggett & Platt, made a compelling case for the procurement side of things in discussion with Steve Banker from ARC Advisory Group for Logistics Viewpoints earlier this week.

What: Live Seminar: Deciphering Financial Returns & Complexities of Global Trade

Robert E. Perez, director, field operations, New York Field Office, U.S. Customs and Border Protection, recently gave an update on key Customs initiatives at a recent retail seminar held in New York City. This retail-focused event, Financial Returns in Global Trade, was hosted by Amber Road and Sandler & Travis Trade Advisory Services, Inc., and discussed the financial benefits that can result from the automation of key compliance processes.

Company executives may often perceive the compliance team as a cost center, but the opposite is actually true – compliance can yield a significant return on investment (ROI) and a competitive advantage.

Join Amber Road on Tuesday, May 21at 2pm EDT for a complimentary webinar focusing on how trade compliance professionals can minimize personal risk. During Minimizing Exposure, Liability, and Risk in Trade Compliance, presenters will discuss the following topics:

With rising global energy demand, the oil and gas industry faces a wide range of logistics challenges. Energy companies also have significant risks related to compliance from both an increasing volume of regulations and the complexity of product classification.

Crocs Inc., a worldwide shoe manufacturer, disclosed in its 10-K filing last week that the company may owe up to $36.2 million in fines to U.S. and Mexico Customs and taxing authorities. This estimate is based on two separate audits by the U.S. Customs & Border Protection agency and Mexico’s Federal Tax Authority.