Between consumer demands, shrinking deadlines, getting goods to market, rising costs, and shifting trade policies – the job of a retailer is becoming increasingly challenging. But it doesn’t have to be an impossible task. If you haven’t done it yet, it’s time to make the switch to a digital supply chain technology solution that can help you move products to market faster, reduce operating costs, and improve profitability, all while lowering brand risk. The Retail Industry Leaders Association's LINK conference in Orlando, Florida next week is a great opportunity to learn more about the numerous benefits of supply chain digitization and its impact on logistics, in-transit visibility, and free trade agreements. With sessions like The Shopping Revolution: How Successful Retailers Win Customers in an Era of Endless Disruption and Trade Wars: Retailers’ Strategies for Coping with Tariff Uncertainty, you can see what's top of mind for retailers today. Our white paper, The Top 6 Global Supply Chain Expectations for 2019, also delves into some of these concerns and potential growth areas and outlines how a digital solution can combat volatility in both the market and with government regulations. Amber Road’s global trade management software solutions work to streamline your value chain and mitigate risks allowing your organization to focus on forward growth:
via Global Trade Talk https://blog.amberroad.com/blog/make-the-digital-switch-at-rila-link
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2019 was filled with turbulence, both in the geopolitical sphere and the technological one. This created waves throughout the supply chain and trade industry. AAEI and Amber Road worked together on their 3rd Annual Trade Trends Report to determine how companies in the industry are using supply chain technology. Are companies focused on automating previously manual processes? Are they simply using technology to collect data? By interviewing over 100 supply chain professionals, we hope to answer these questions and allow other professionals in the industry to use this data as a benchmark or as a source of data to make informed decisions for their company. Supply Chain 4.0, otherwise known as the Fourth Industrial Revolution, has been at the forefront of the industry’s mind. With companies experiencing the backlash of the “Amazon Effect,” they are looking to technology to help them meet the 6 “Rs” of supply chain execution. The “Rs” are the right partner, with the right product, at the right price, in the right place, and right time with the right compliance. This is what companies who want to compete in evolving markets are focused on. via Global Trade Talk https://blog.amberroad.com/blog/new-white-paper-how-are-companies-using-technology-to-address-global-trade-woes Monsanto is an agricultural company that provides sustainable solutions for farmers to help them produce food more efficiently. They export from over 40 countries into over 120 countries, with about 30,000 export transactions between those countries. Amie Anderson, Global Export Manager for Monsanto, discusses how Amber Road’s Global Trade Management solutions have equipped Monsanto with end-to-end visibility into their entire supply chain with consistent and standardized data. via Global Trade Talk https://blog.amberroad.com/blog/customer-testimonial-amie-anderson-monsanto Cintas Corporation, a leader in their industry, has launched Amber Road’s GTM solution suite. Once fully implemented, the solution will streamline Cintas’ import and export operations, by creating real-time, collaborative and fully standardized digital trade activities. via Global Trade Talk https://blog.amberroad.com/blog/cintas-selects-amber-roads-on-demand-global-trade-management-platform Supply chains are running at full steam in 2019 as some economies boom, while others take hits from obstacles to open commerce and trade. From protectionist trade policies to ever-increasing costs to product recall challenges, Amber Road’s subject-matter experts provide some revolutionary best practices in a range of industry publications to help companies keep the wheels of trade moving. via Global Trade Talk https://blog.amberroad.com/blog/bang-supply-chains-kick-off-2019-in-the-news There has been a lot of recent buzz about companies relocating sourcing or manufacturing out of China. It’s easy to understand why. Supply chains are running at full steam as the economy is booming in many parts of the world, while in other parts economies are taking a hit from obstacles to open commerce and trade. Protectionist trade policies have led to new tariffs – actual and potential – and the accompanying cost increases have led to a general attitude of trade uncertainty, specifically between the US and China. According to an Amber Road and AAEI 2018 report on Trade Trends, 77% of US importers surveyed consider shifting trade policies as their top challenge in the road ahead. More than half of these companies also rank the cost of goods sold as their top concern. These higher tariffs add to the total landed cost, eventually affecting the price on the shelf. via Global Trade Talk https://blog.amberroad.com/blog/moving-out-of-china-isnt-so-easy Across the globe, experts in all industries seem to agree on one assessment: The Internet of Things (IoT) revolution is just beginning. Connecting the unconnected through software that cleans, standardizes and transmits huge amounts of data not only provides companies visibility into the truth about their business operations but is more accessible than ever! via Global Trade Talk https://blog.amberroad.com/blog/webinar-fan-the-flame-how-iot-data-fuels-global-supply-chain-business-intelligence Now that glasses have finished clinking and the confetti from New Year's Eve has been swept away it's time to focus on making this your supply chain's most efficient year yet. It's a new year and that means that you can expect some new changes and challenges to impact your supply chain. Amber Road recently published The Top 6 Global Supply Chain Expectations for 2019, which includes the six biggest predictions to help you prepare for this new year. via Global Trade Talk https://blog.amberroad.com/blog/the-top-6-global-supply-chain-expectations-for-2019 Do you know how Supply Chain 4.0 will affect your business? Are you familiar with the supply chain guiding principle about the ‘rights’ of supply chain execution? If you answered No to any of these questions, you should check out Talking Logistics’ recent video interview between Amber Road’s Director of Global Product Marketing, Gary Barraco, and Talking Logistics’ founder, Adrian Gonzalez. Adrian and Gary delve into the guiding principles that executives should use to help keep them a float and ahead in today’s evolving market. Gary not only delves into the reasons why the ‘Rights’ and ‘Mores’ are important, but he discusses how companies can overcome barriers to evolving their supply chain. Watch the video below to find out more about how your company can stay in the lead:
via Global Trade Talk https://blog.amberroad.com/blog/the-rights-and-mores-of-supply-chain-execution |
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