Monday 30 April 2018

See What Amber Road’s Experts Have Been Saying!

Extra! Extra! Read all about it! Amber Road takes on control tower visibility, regulatory risk mitigation, food safety, and global trade uncertainties in this month’s press stories.

Amber Road's industry leaders have a lot to say, and this month features pieces written by Gary Barraco (Director, Global Product Marketing) and Suzanne Richer (Director, Trade Advisory Practice). Discover what they have to say! 



source https://blog.amberroad.com/blog/amber-road-making-noise-in-april-2018

Thursday 26 April 2018

Questioning Your Valuation ABC’s? We Have Answers!

Last week, Amber Road’s Global Trade Academy hosted the webinar, Valuation ABC’s & Related Party Transfer Pricing Pitfalls, which reviewed the critical components of proper Customs & Border Protection (CBP)’s valuation declarations, appraised value under Transaction Value, and how to prove inter-company transfer pricing between related parties.

Marian Ladner, Managing Partner at Ladner & Associates PC, presented on behalf of Global Trade Academy. Marian comes from an extensive background in trade law, providing her with a wealth of knowledge on trade compliance. With only an hour to cover such a complex topic, many of our viewers had additional questions.



source https://blog.amberroad.com/blog/questioning-your-valuation-abcs-we-have-answers

Tuesday 24 April 2018

Pilot Freight Services Implements On-Demand Export Compliance Solution

In an era of heightened security, determining whether individuals, companies or organizations are restricted from conducting trade is essential. Exporters are responsible for ensuring that they are compliant with changing government regulations, and that their goods are not being sold to undesirable entities.



source https://blog.amberroad.com/blog/pilot-freight-services-implements-on-demand-export-compliance-solution

Monday 23 April 2018

Customer Story: China Trade Made Easier

Tariffs...protectionism...trade wars?! While trading internationally with China has always been a difficult task, recent headlines make it seem like an impossible endeavor! But that is far from the truth. It is important for companies engaging in import and export activities in China to take into account all components of the supply chain and be proactive in an ever-changing environment. This global apparel leader did just that and enhanced their global supply chain capabilities as a result!



source https://blog.amberroad.com/blog/customer-story-china-trade-made-easier

Thursday 19 April 2018

Gain Control of Your Global Supply Chain: American Shipper Webinar

Supply chain visibility spans from product conception to the receipt of payment. Such extensive transparency remains a foreign concept to many global companies whose visibility solutions end at shipment tracking. However, comprehensive digital solutions have made company-wide transparency achievable. Step 1: create a global supply chain control tower.

Amber Road is proud to sponsor American Shipper's upcoming webinar, What’s A Control Tower Without Control? airing Tuesday, April 24th at 2PM EDT. This hour-long broadcast will explore methods which global companies can truly gain control of their supply chains through enhanced visibility.



source https://blog.amberroad.com/blog/gain-control-of-your-global-supply-chain-american-shipper-webinar

Wednesday 18 April 2018

Digitizing The Global Supply Chain: Talking Logistics Interview

Ty Bordner, SVP of Marketing and Business Development at Amber Road, speaks with Adrian Gonzalez, President of Adelante SCM and Founder of Talking Logistics, about the key elements of digitizing the supply chain. Adrian and Ty take a deep dive into the following questions:

  • What does digitizing the supply chain mean?
  • How can companies get started? Where does the journey begin?
  • What value and benefits can organizations derive from it?
  • What new technologies and opportunities are shifting the landscape? What actions should companies take to keep up with future advancements?


source https://blog.amberroad.com/blog/digitizing-the-global-supply-chain-talking-logistics-interview-with-ty-bordner

Friday 13 April 2018

Learn Your Valuation ABC’s With Global Trade Academy's Webinar

valuation-200x200The U.S. Customs & Border Protection (CBP)'s valuation declarations contain critical components that can end in crisis when left unacknowledged. For seamless trade, global companies must understand the basic components of appraised value under Transaction Value and how to prove inter-company transfer pricing between related parties.

Join Amber Road's Global Trade Academy for our upcoming webinar, Valuation ABC’s & Related Party Transfer Pricing Pitfalls, on Tuesday, April 17 at 2pm EDT. The webinar will address your top questions surrounding value for appraisement:

  • What’s an acceptable transaction value between unrelated parties?
  • What’s “acceptable” related party transfer pricing?
  • Acceptable proof for a CF 28; Focused Assessment (FA), or Importer Self Assessment (ISA) program

register_now3



source https://blog.amberroad.com/blog/learn-your-valuation-abcs-with-global-trade-academy

Thursday 12 April 2018

Discover Apparel & Footwear Innovation at AAFA’s Sourcing Conference

Global supply chains are transforming under the pressure of today’s complex and unpredictable environment. If your supply chain has remained stagnant despite modern challenges, it’s time to consider some innovative solutions to keep pace with industry leaders. The American Apparel & Footwear Association (AAFA) 2018 Sourcing Conference is a great opportunity to discover the latest in apparel and footwear innovation.

Amber Road is a proud sponsor of AAFA’s 2018 Conference, Supply Chain Innovation: The Key To Success in the New Retail Dynamic. This year’s conference will take place at the Ronald Reagan Building and International Trade Center in Washington, D.C. from April 24 – 25.



source https://blog.amberroad.com/blog/innovate-your-global-supply-chain-at-aafas-2018-sourcing-conference

Friday 6 April 2018

Trade Relations are Building a Bigger Wall Between the US and China

The tête-à-tête regarding trade between China and the US, the world’s two largest economies, has reached a new level. On Tuesday, April 3rd, the US Trade Representative (USTR) issued a list of over 1,300 products that when imported from China, would carry an additional 25 percent duty. The action doesn’t come as a surprise as both nations have been at odds over President Trump’s open position on the trade imbalance.



source https://blog.amberroad.com/blog/trade-relations-are-building-a-bigger-wall-between-the-us-and-china

Wednesday 4 April 2018

Your Blockchain Questions Answered: Blockchain for Global Supply Chain Webinar Q&A

There is no doubt that blockchain technology has the powerful potential to improve digital supply chains and global trade management. But how?

That's the question Dan Gardner, VP of Supply Chain for Lakeshore Learning Materials and co-founder of Trade Facilitators, Inc., and Amber Road’s Ty Bordner both answered during Amber Road's recent webinar, Blockchain for Global Supply Chain: Ghost in the Machine or Breakthrough Technology? Of course, blockchain is such a top topic these days that Dan and Ty's introduction sparked a ton of debate, and they were only able to address a fraction of viewers' questions during the hour-long webcast. Luckily, we've compiled their answers to these queries below. See if they've answered some of your biggest questions about how blockchain can be applied to the global supply chain, then watch the webinar on-demand here

  • Question: Although I understand "how" this can work for the Global Supply Chain, what I don't understand is "why" it could be preferable to existing data tracking tools?
    • Answer: As we all know, the global supply chain is highly complex, and there are many different types of use cases spanning the process from purchase order to payment. Not all of the processes are appropriate for Distributed Ledger Technology (DLT). The most appropriate use cases would have attributes which lend themselves to the need for absolute trust and exchange of value.
  • Q: As a solo exporter, should I adopt this system in my trade financing operations? Can a block of documents be used for satisfying the Letter of Credit (L/C) performance?
    • A: The Letter of Credit use case seems to be very compelling for DLT (i.e. Blockchain). There clearly is an exchange of value with a Letter of Credit and many of the terms and conditions of an LC can be automated as part of set of business rules (smart contracts). Of course the information representing the LC and the actual movement of the goods (BoL, Commercial Invoice, Packing List, etc.) must be in a digital form.
  • Q: Contracts are confidential, but how does confidentiality/anonymity work in a distributed ledger?
    • A: Blockchain (DLT) technology can be implemented in different ways. There is a concept of a public blockchain (Ex. Bitcoin) and a private or permissioned blockchain. In a permissioned blockchain only the parties that have been given privileges will be able to see confidential information.


source https://blog.amberroad.com/blog/your-blockchain-questions-answered-blockchain-for-global-supply-chain-webinar-qa

Monday 2 April 2018

Allied Electronics Automates Trade Compliance as Global Sales Grow

In today’s competitive retail environment, manufacturers, distributors, and retailers face heightened expectations for product quality and delivery time from customers and suppliers. Beyond growing expectations, companies also contend with increasing regulatory complexity and enforcement, changing embargoes and trade agreements, and competitors rapidly expanding product lines.



source https://blog.amberroad.com/blog/allied-electronics-automates-trade-compliance-as-global-sales-grow