Tag Archive for global trade

Amber Road Launches TradeWizards.com, a Free Cloud-based Portal for Global Trade

January 17, 2012 Caroline Denied Party, Export Compliance, Global Trade Management Software, Import Compliance, Product Classification, Restricted Party Screening, Trade Compliance Software No comments

Amber Road, a leading provider of Global Trade Management solutions, announces the launch of its latest trade compliance product, TradeWizards.com. TradeWizards.com is a suite of nine different research tools that helps companies import and export goods more quickly and affordably, while staying compliant with country specific trade regulations.

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.

Sign up now on TradeWizards.com.

Upcoming Webinar: Bringing Compliance into the Boardroom

September 1, 2010 Caroline Did You Know... No comments

September 15th, 2010 at 2:00 pm EST. Register Now!

Global trade transactions account for trillions upon trillions of dollars each year, and this number is expanding as we forge into the future. Additionally, it is becoming more complex to manage US and international regulations.

Yet, despite these factors, compliance departments remain woefully underfunded and understaffed. According to our export compliance research, 14.6% of compliance professionals believe that their company’s executive management is not aware of trade compliance.

How do you get executive level cooperation and sponsorship of your initiatives?

Join American Shipper and Management Dynamics for an upcoming educational webinar, “Bringing Compliance into the Boardroom.” This webinar, featuring a panel of global trade experts, will discuss how to get your voice heard when speaking to your c-level executives about enhancing your trade compliance operations.

In this trade compliance webinar, our expert panelists will discuss:

- Pain points of each member in the boardroom

- How these points relate to compliance issues

- Key messaging to use when speaking to each board member

- Tools to use in your presentation, such as quantifying compliance and its effect on the bottom line

- How automation can contribute to your efforts by adding value and saving money

Speakers:

virginia_thompson_global-trade-compliance_crate-barrel Virigina Thompson
Director, Import/Export Operations & Global Trade Compliance
Crate & Barrel
nathan_pieri_management_dynamics Nathan Pieri
SVP Marketing & Product Management
Management Dynamics, Inc
beth_peterson_bpe Beth Peterson
President
BPE

Register Today for “Bringing Compliance into the Boardroom!

BBC’s Box to Help the Hungry in Africa

December 16, 2009 Caroline Customs Compliance, Global Trade Management, Trade Compliance No comments

In November, BBC’s Box finished its year-long global journey and landed back in London with some new facts about its round-the-world journey, which I found to be a great illustration of the challenges we all face in our global supply chains. For example:

The GPS satellite tracking on the container has been intermittent and for periods of the year, we have had to manually track the position of the Box, though not nearly as frequently as we would have liked.

Additionally, the box sat vacant for several weeks after suffering from effects from the global recession. The company that transported the box, NYK, lost $350 million dollars and 8,000 jobs.

Now, the box will be headed on one last trip: To Capetown, South Africa to be converted into a soup kitchen for schoolchildren and AIDS sufferers.

Our project partners NYK have generously agreed to donate the container for charitable use and they will transport it to Africa where it will be refitted as a permanent soup kitchen for some of those people who have been worst affected by the global recession.

To read the post-trip summary of the box, including a BBC News video, visit BBC News: Lessons Learned as the Box Returns.

US Chamber of Commerce Video: Level the Playing Field, Double our Exports

September 17, 2009 Caroline Export Compliance, Trade Compliance No comments

Thanks to @chamberpost for posting this video of Tom Donohue, President & CEO of the US Chamber of Commerce, discussing strategies to increase US exports in the next 5 years.

Follow @GTMBestPractice on twitter for more trade compliance updates & resources!

U.S. Economy: Trade Deficit Widens Most Since 1999

September 14, 2009 Caroline Customs Compliance, Import Compliance, Trade Compliance No comments

Bloomberg News is reporting that the US trade deficit has widened by 16%  in July. Imports gained a record 4.7%.

The gap between imports and exports grew 16 percent, the most in more than a decade, to $32 billion from a revised $27.5 billion in June that was larger than previously estimated, the Commerce Department said today in Washington. In another sign the U.S. slump may be ending, a Labor Department report showed jobless claims last week fell to the lowest level since July.

The gain in imports signals a strengthening economy, as businesses replenished stockpiles of goods in anticipation of rising consumer demand. Additionally, imports increased due to a rise in crude oil costs and increased demand for cars and car parts after the “Cash for Clunkers” program.

Complete details on both import and export rates are available at Bloomberg News.

Introduction to Automating Import Compliance

With imports on the rise, importers must deal with end-to-end supply chain import_sceneaccountability and are increasingly challenged to have visibility and control over their supply base and origin operations.

GTM technology can help companies manage these complexities of ‘going global’ by automating their inbound processes, improving customs compliance and attaining landed cost objectives.

View our brief video and learn about automating your import compliance in a flash!