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The appeal of sourcing low cost goods from foreign markets and balancing
supplier risk has bolstered imports around the world. Along with these
advantages, however, come a host of challenges. Importers must comply with
complex country-specific trade regulations, calculate variable duties, taxes and
fees, and manage related logistics challenges.
The nature of global trade makes
it nearly impossible to manage imports manually, even for smaller and mid-size
companies. Amber Road's global trade management solution automates import
activities and provides critical information for decision-makers, including the
data needed to measure key performance indicators.
Amber Road's solutions allows importers to adopt best-practice trade processes on a
global level, have a centralized view of import compliance, and manage a diverse
product portfolio.
By analyzing a purchase order and
associated product information, our import solutions perform vital
compliance, import control, and business rules validations for each line item. A
supplier portal facilitates communication between parties throughout the entire
purchase order and shipment process. Following the creation of a shipment
transaction, the application gleans information from available sources and
consolidates it into a pre-Customs entry for efficient transmission to the
broker. The broker can then submit this "broker packet" to Customs without
introducing errors through rekeying data elements. This ensures there are no
surprises and no missing information when the shipment reaches Customs -
dramatically reducing cycle times.
Visit the sections below to learn
more about how Amber Road's import solutions centralize and automate import
management functions, including:
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