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!

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!

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!

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.

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.

Over the past year, the company’s European group has acquired multiple companies that now operate as TALIS Group subsidiaries, prompting TALIS to consolidate management of its global trade compliance capabilities. Since the beginning of May, Management Dynamics’ Export On-Demand solution has been running at all German entities in TALIS Group, with additional European entities scheduled to come online in stages over the coming weeks.

For more information please click here

Global trade involves an array of compliance and operational issues that small businesses are aware of but either don’t fully comprehend, or don’t have the right resources and expertise to properly deal with.  To tackle these issues and automate (and streamline) trade compliance, more and more companies are turning to Software as a Service (SaaS) models.  Such SaaS models are appealing to SMBs because of their affordability and ease of use as on-demand, pay as you go export management and compliance solutions. 

According to Nathan Pieri, VP of Marketing and Product Management at Management Dynamics, the main challenge for SMBs is organizing their approach to globalization; both understanding the rules and regulations, and setting up an environment where they can comply with export laws.  Management Dynamics recently released an Export On-Demand solution that helps SMBs automate and manage all aspects of global trade initiatives, including: product classification, restricted party screening, and license management. 

For more information, check out the full article.

During the one-hour webinar, key industry experts will discuss the market dynamics driving importers to consider this strategy, and Management Dynamics customer Leggett & Platt will share their success story. Other topics will include:

- The benefits of integrating logistics and compliance
- Challenges importers will have to overcome
- The key role technology plays
- Actionable advice for importers exploring this idea

Register today!

“We’re proud to be associated with these leading companies and we continue to be impressed by their innovative use of our solutions. The results are a testament to the fact that global trade management solutions, when combined with forward-thinking supply chain strategies, can have a measurable impact on return on assets (ROA), revenue growth, and competitive advantage,” said Jim Preuninger, CEO of Management Dynamics.

For more information on how the survey and research was conducted, please visit The Gartner Supply Chain Top 25 for 2011.

In a word, Global Trade Content is a big deal, and it is extremely important where you get your data. Global Trade Content is the database of information that importers and exporters use to determine whether they are in compliance with international regulations.

This information ranges from the harmonized tariff schedules to classify goods, to the duty rates needed to calculate landed cost, to the IMEX controls that determine whether you can legally complete your transaction. To efficiently import or export goods, you need fast access to a comprehensive source of traded content for all the countries with which you trade.

Although there is only one official source of data from each governmental agency, it is impossible for an in-house trade compliance team to keep up with the volume that each agency in every country puts out. Additionally, all data providers are not created equal. Some do not adequately cover the regions you need, some update their data infrequently (delays in data updates of only 1 week can cost you dearly!) and some do not have the in-house expertise to interpret international regulations appropriately.

ChainLink Research Connects the Dots in Global Trade Management

ChainLink Research recently discussed the challenges of Global Trade Content in their blog:

In order to solve users’ challenges, software providers develop software. Users provide the data. But in GTM the data comes from thousands of external sources, i.e. government, trade groups, etc. So the ‘solution has to be more.’

Not only are there a plethora of changing regs that end-users have to be aware of, but those changes often force them to change orders or other shipping documents, duties, etc. On a more strategic level, they may actually force them to change their physical supply chain network (as well as potential third parties who provide services in these locations). Even in large firms, there is no staff equipped with the breadth of knowledge necessary to internalize all this information and then make the changes to their forms, fees, etc.

What’s the end result? By combining a comprehensive global trade content database that covers multiple types of regulations and agencies with a system that automatically updates all of your own data, companies can lower their risk of breaching standards or breaking the law, and reap cost savings. Accurate, real-time trade content helps prevent penalties and delays, and reduces non-compliance risks. And, automating the process frees up resources to work on more strategic initiatives.

As ChainLink Research puts it:

Making informed choices about what is actually happening in the Supply Chain, across the network of trading partners, can bring tangible cost savings to firms that can cycle time and thus inventory and other carrying costs, and avoid charge backs and late fees, because they are now armed with the knowledge of what happened in the chain.

Read the complete blog post at: ChainLink Research: Global Trade Management Solution is More Than Software