Since the Great Recession of 2008, global trade has remained flat while e-commerce has increased 20% per year. While the disruptive force e-commerce has on the economy appears most prominently in the retail sector, this latest digitalization of trade will continue to change industry trade patterns and product distribution for years to come.

With evolving import regulations and products, tariff classification can be a challenging exercise for even the most experienced international trade professional. Ensuring accuracy at the time of entry is crucial to avoid paying fines and penalties.

Customs has increased its focus on exporters with higher fines and tougher penalties. As an exporter, are you aware of your compliance responsibilities? Do you know how non-compliance can impact your organization?

Accurately classifying products is an absolute necessity, yet one of the most difficult tasks corporations face today. Organizations need to train key personnel on a systematic approach to properly classify all product lines.

Attention all Amber Road customers! Are you on the fence about registering for eVOLVE? Our Global Trade Academy pre-conference workshops might be your deciding factor. We are excited to offer four top-rated courses, handpicked with our customers in mind.

Amber Road's Global Trade Academy's Export Controls Specialist™ course (EXCS™) provides the highest professional standards when it comes to the knowledge associated with the regulatory environment of United States export controls, including the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR).

Are you missing out on sales to current and developing markets? Qualifying your goods as Made in America requires attention to detail and the ability to create an audit trail, resulting in more opportunities to grab market share!
 

Today’s compliance leaders must integrate self-testing programs into their export and import processes. A self-testing program is the basis of the Importer Self-Assessment (ISA) and is an excellent tool for firms not participating in ISA.  

Self-testing programs begin with a risk model specific to the firm and may mitigate penalties from Customs and Border Protection (CBP) when properly implemented and updated.

e-Commerce has revolutionized business-to-consumer sales, resulting in a newly empowered consumer – one with higher expectations for the retail shopping experience. For organizations to stay ahead of the curve that is e-commerce, primary gaps must be addressed with a combination of technology, trade compliance knowledge, and automation.

Expanding supplier bases and stretching out supply chains have increased the pressure to roll-out a supply network with leading supplier management and global sourcing tools.

This is critical for product innovation, product quality management, facility compliance, and reduced order cycles and cost – with just a single global transaction. In short, automate all the way upstream to the source.