Trade Compliance Blog

Amber Road, a leading provider of Global Trade Management solutions, announces the launch of its latest trade compliance product, TradeWizards.com,  a free cloud based portal for global trade.  TradeWizards.com is a suite of nine different research tools that helps organizations quickly answer questions related to the cost and compliance risks associated with importing and exporting goods.

TradeWizards.com will enable users to instantly perform numerous global trade activities including: restricted party screening, product classification, and landed cost calculations.  What used to require hours of manual interpretation of trade rules is now an automated process achieved instantly via TradeWizards.com. 

Find out how you can streamline the trade compliance process at your company. Watch the TradeWizards.com tutorial.
To read the full press release, please click here.

Join World Trade 100 and Amber Road (formerly Management Dynamics, Inc.) on Thursday December 15^th at 2 PM EST for a complimentary webinar, Global Trade Compliance in the Oil & Gas Industry: A Case Study with Weatherford.

Global trade experts will explain the importance of automating trade compliance processes and the difficulties oil and gas companies face, as well as present recent developments in the industry.  By attending this webinar, you will walk away with:

• A better understanding of the export compliance challenges oil and gas companies are facing
• Various strategic considerations to think about when implementing an automated trade compliance solution
• Best practices you can use to improve your company’s export compliance processes

Speakers will include:
Scott Byrnes, Vice President of Marketing, Amber Road (formerly Management Dynamics, Inc.)
Natalia Shehadeh, Director of Trade Compliance, Weatherford
Scott Johnston, Attorney, Specializing in U.S. Import/Export Law, Givens & Johnston, PLLC

Join us and find out how you can automate your trade compliance process!

Part Three: Shipment Screening & Documentation

The third and final webinar in this series will be held on Friday, November 18^th at 2:00pm EST and will review Shipment Screening and Documentation, the final step in building an Export Compliance Program.

During this webinar, we will discuss key best practices related to automating your export compliance process, including:

• The importance of transactional screening and why it is a necessary requirement in any compliance program
• How managing product compliance details can help validate the data used on export documentation and reduce delays at the border
• How to leverage the data from the export order to automatically determine and create key export documents and file directly with AES

Speakers will include:
Suzanne Richer, President, Customs & Trade Solutions, Inc.
Sanjeev Williams, Product Manager, Amber Road (formerly Management Dynamics)

Register today and learn how you can take the final step in establishing an Export Compliance Program!

New Name Marks Continued Growth and Evolution for Global Trade Management Leader

Management Dynamics, a leading provider of Global Trade Management solutions, today announced that it has changed its name to Amber Road.  The name change comes during a year of rapid expansion, marked by a 40% growth in employees, a 325% increase in European bookings, and the opening of a flagship office in Tysons Corner, Virginia.  This breakout year is anchored by a 33% compound annual growth rate (CAGR) in overall revenue for the past decade. 

“Today, our SaaS-based solutions span fourteen software products that include global transportation management, import/export compliance, supplier management, supply chain visibility and a content knowledgebase covering trade regulations and tariffs for more than 120 countries, “  said Jim Preuninger, CEO.

To learn more, please read the full press release or visit www.AmberRoad.com.

Part Three: Shipment Screening & Documentation

Join Customs & Trade Solutions, Inc. and Management Dynamics for a complimentary three-part Export Compliance Webinar Series, which will address the three key steps of any Export Compliance Program (ECP): Restricted Party Screening, Product Classification, and Shipment Screening and Documentation.

The third and final webinar in this series will be held on Friday, November 18^th at 2:00pm EST and will review Shipment Screening and Documentation, the final step in building an export compliance program.

During this webinar, we will discuss key best practices related to automating your export compliance process, including:

• The importance of transactional screening and why it is a necessary requirement in any compliance program
• How managing product compliance details can help validate the data used on export documentation and reduce delays at the border
• How to leverage the data from the export order to automatically determine and create key export documents and file directly with AES

Speakers will include:
Suzanne Richer, President, Customs & Trade Solutions, Inc.
Sanjeev Williams, Product Manager, Management Dynamics

Join us to learn how you can take the next step in establishing an Export Compliance Program!

On October 12, the United States Congress ratified several landmark free trade agreements (FTAs) with South Korea, Colombia and Panama. While still awaiting the President’s signature, which is expected, these agreements are sure to usher in a new level of trade activity with these countries.

Proponents list a host of benefits from FTAs, including:

- Expanded access to markets for both goods and services

- Greater protection of intellectual property rights

- Growth in jobs that would accompany the opening of new markets

Taking this into consideration, Management Dynamics offers a comprehensive Free Trade Agreement (FTA) management solution that provides solicitation and qualification in order to determine if a company’s product is eligible for preferential treatment. This can have a significant impact on the applicable duties for their products resulting in reduced total landed costs.

To learn more about the Free Trade Agreement Solution, read the full press release here.

Part Two: Product Classification

Join Customs & Trade Solutions, Inc. and Management Dynamics for a complimentary three-part Export Compliance Webinar Series, which will address the three key steps of any Export Compliance Program (ECP): Restricted Party Screening, Product Classification, and Shipment Screening and Documentation.

The second webinar will be held on Friday, October 21^st at 2:00pm EDT and will review Product Classification; the second step in building an export compliance program.

During this webinar, we will discuss the advantages of maintaining your own product classification database, as well as:

• Automation tools that can help your business save valuable time and reduce cost
• Up-to-date global trade content that can increase efficiency and decrease your risk in the case of an audit
• Product Classification best practices for sustaining these processes as your company’s global reach and product lines grow

Speakers will include:
Suzanne Richer, President, Customs & Trade Solutions, Inc.
Sanjeev Williams, Product Manager, Management Dynamics

Register for the webinar today!

Mark your calendars for the final webinar in this series!
Shipment Screening & Documentation: Friday, November 18

The World Customs Organization (WCO) will soon make significant changes to the Harmonized System (HS).  This could have a major impact on your company’s global trade process and international supply chain.  Find out how you can tackle these issues by listening to Management Dynamics’ latest podcast, Compliance 101: Research Tools for Getting Started in Trade Compliance.

Presented by the Journal of Commerce, global trade compliance experts discuss the technology available to help companies of all sizes with managing classification and other critical compliance processes. Anthony Hardenburgh, VP Global Trade Content at Management Dynamics, and Ty Bordner, VP of Solutions Consulting at Management Dynamics, also provide details on the launch of a free trade tool that will soon be available to the trade community.

Click here to listen to the podcast.

Part One: Restricted Party Screening

Join Customs & Trade Solutions, Inc. and Management Dynamics for a complimentary three-part Export Compliance Webinar Series, which will address the three key steps of any Export Compliance Program (ECP): Restricted Party Screening, Product Classification, and Shipment Screening and Documentation.

The first webinar will be held on Tuesday, September 20^th at 2:00pm EDT and will review in detail the most common first step of any export compliance program, Restricted Party Screening (RPS).

Global trade compliance experts will show you how to automate Restricted Party Screening to reduce your compliance risk, as well as provide a discussion on industry challenges and best practices for building an Export Compliance Program (ECP), including:

• Tips for establishing a cost-effective compliance program in a down economy
• Understanding of the technology available to manage RPS today
• How you can implement screening software across your organization
• Screening best practices of today’s top global exporters

Speakers will include:
Suzanne Richer, President, Customs & Trade Solutions, Inc.
Sanjeev Williams, Product Manager, Management Dynamics

Register for the webinar today!

Mark your calendars for the next two webinars in this series!
Product Classification: Friday, October 21
Shipment Screening & Documentation: Friday, November 18

 Join the Association of Corporate Counsel and Management Dynamics for a complimentary webinar, Using Technology to Enhance Your Regulatory Compliance Program, on Wednesday, September 21 at 2:00pm EDT.
 
Global trade compliance experts will discuss key strategies to consider when creating or enhancing a compliance program, including:

• Understanding international trade sanctions, including Specially Designated Nationals
• Best practices for implementing an Export Compliance Program (ECP), including complying with new I-29 deemed export certification requirements
• The importance of screening against federal government debarred lists, including Medicare/Medicaid, FDA, FAR, etc., as well as Anti-Money Laundering (AML) and FCPA compliance

Speakers will include:

• Robert Roach, Chief Compliance Officer, New York University
• Anthony Hardenburgh, VP Global Trade Content, Management Dynamics

This is a must attend event for in-house counsel and regulatory compliance professionals.  Register for the webinar today!