Kelsey Barker on Wed, Dec, 2 2015 @ 2:02 PM
Last month, SupplyChainBrain broadcasted a webinar on Navigating The World of Parcel Shipping: Integrating Visibility and Compliance into eCommerce. Dave Albanese, Director of Solutions Consulting at Amber Road, and Dave Vannoy, Senior Vice President at ProcessWeaver, explored how global enterprises consolidate and optimize their international parcel shipments.
Topics: Landed Cost Calculation, Import Management, Transportation Management, Supply Chain Visibility, Import Compliance
Kelsey Barker on Thu, Nov, 19 2015 @ 9:46 AM
Foreign-Trade Zones (FTZ) and free trade agreements (FTA) offer the most direct and significant duty and tariff reduction opportunities for importers and exporters, according to an April 2014 Aberdeen Group study. In fact, 57 percent of companies surveyed in the report have, or will build, FTZ infrastructure into their business to support global transformation and reduce total landed costs. Automating FTZ operations is the best way to ensure compliance with government regulations and save costs.
That's why Mercury Marine, a leading marine engine manufacturer, is using Amber Road’s Foreign-Trade Zone (FTZ) software to manage its FTZ operations at its new distribution center in St. Louis.
“We needed an easy way to support our quick turnaround times, manage the FTZ process and provide inventory visibility and tracking,” said Melanie Rohde, FTZ manager at Mercury Marine. “Choosing software over a broker, an in-house solution or error-prone manual processes was an easy decision.”
Topics: Landed Cost Calculation, Foreign-Trade Zones, Free Trade Agreements
Colleen Bush on Fri, Nov, 6 2015 @ 9:35 AM
Global shippers are well aware of the number of new trade agreements being inked that will make it easier for U.S. organizations to not only source product from emerging markets, but also open the door to deliver goods into quickly growing consumer bases.
For example, the Trans-Pacific Partnership (TPP) could go down as one of the biggest trade deals in history and would have an impact on an area that includes more than 40% of the global economy.
At the same time, smaller, yet similar agreements to TPP are opening up golden opportunities for global shippers in new regions.
With that in mind, Logistics Management designed a special issue to help shippers overcome the mounting challenges facing global logistics operations. Key topics include:
Topics: Landed Cost Calculation, Global Sourcing, Supply Chain Visibility
Kelsey Barker on Wed, Sep, 23 2015 @ 2:36 PM
By the end of 2016, the Automated Commercial Environment (ACE) will become the Single Window - the primary system through which the trade community will report imports and exports and the government will determine admissibility. The Single Window will allow companies to streamline and automate many manual processes and comply with U.S. laws and regulations more efficiently.
Of course, as this filing process changes, so will the requirements for Partner Government Agencies (PGAs). Don’t miss the PGA Issues panel at the NAFTZ Annual Conference in Hollywood, CA, next week, moderated by Amber Road’s FTZ Product Manager, Matt Robeson.
Topics: Landed Cost Calculation, Duty Management, Foreign-Trade Zones
Kelsey Barker on Thu, Apr, 2 2015 @ 9:30 AM
OHL, a leading global third party logistics provider (3PL), has renewed its license of Amber Road’s International Transportation Management solution (ITM). The enterprise solution enables OHL to effectively manage its international portfolio of service contracts, service agreements, rate sheets and variable carrier accessorials.
Topics: Landed Cost Calculation, Amber Road News, Contract & Rate Management, Carrier Selection & Booking, Transportation Management
Kelsey Barker on Tue, Aug, 12 2014 @ 5:55 PM
Trade related controls must be a part of any relationship between a company and its supply chain partners. Importers must collaborate with extended trading partners (suppliers, customs brokers, carriers, etc.) to ensure complete and accurate information accompanies inbound shipments and documents, and that other information is readily available to the parties that need it. Companies must also stay abreast of dynamic country-specific import regulations to avoid regulatory violations and penalties. Poor planning and execution leads to delays at Customs and increased costs.
Topics: Landed Cost Calculation, Global Sourcing, Supplier Management, Import Management, Document Management, Product Classification, Trade Regulatory Content
Kelsey Barker on Tue, Feb, 18 2014 @ 11:05 AM
As the global trade space begins to rev up for 2014, many industry leaders are looking ahead to the trends, challenges and strategies they see playing the biggest role in the year to come. In our Executive Outlook series, we asked some of Amber Road's top thought leaders about their perspective of the supply chain, compliance, and beyond, and we will post their answers every week. Our final interview is with Stephanie Miles, Senior Vice President of Commercial Services at Amber Road.
Topics: Landed Cost Calculation, Import Management, Supply Chain Visibility, Order and Shipment Visibility
Kelsey Barker on Fri, Oct, 25 2013 @ 10:25 AM
As cross-border trade becomes more and more vital, companies have begun to consider alternate sourcing and trade options and how these will impact their total costing analysis. Many have been drawn to Free Trade Zones and reshoring processes, in order to reap the benefits of duty and tariff reduction opportunities.
Topics: Landed Cost Calculation, Global Sourcing, Duty Management, Foreign-Trade Zones
Ty Bordner on Thu, Aug, 2 2012 @ 3:04 PM
Global importers simply don’t have the option of depending on a single supplier for a variety of items. Both the demands of supply chain resiliency and the reality of maintaining stock levels make it necessary to obtain the same item from multiple suppliers. Particularly if you are a global retailer or manufacturer with distributed outlets or plants, it’s neither practical nor possible to source all units from a single vendor.
This is where the concept of multiple sourcing comes in — literally buying items from more than one source. While multiple sourcing is straightforward in theory, as a practice it is more complex from a global trade management perspective, including implications for landed cost, compliance and logistics.
Topics: Retail, Global Trade Management Software, Landed Cost Calculation, Global Sourcing, Import Management, Global Trade Management
Anthony Hardenburgh on Thu, Apr, 5 2012 @ 4:21 PM
The terms “countervailing” and “anti-dumping duties” are often used together without necessarily distinguishing the two — in fact they are often abbreviated as ADD/CVD. What are these duties, and why are they important to supply chain managers?
Countervailing duties address the consequences of subsidies granted by governments for the production of certain goods. Subsidies effectively make goods less expensive, and when subsidized goods enter other countries, they may undercut or injure local producers. If there is a determination that Country A’s producers have been injured by Country B’s subsidies, then Country A may impose countervailing duties on the goods to close the price gap. Countervailing duties neutralize the negative effects of subsidies.
Topics: Landed Cost Calculation, Global Sourcing, Sourcing Analysis
