When Brooke Markley was nominated to participate in our Compliance Professional Spotlight campaign, we knew immediately that she was going to be our next Compliance Champion.
With her extensive experience as an agricultural economist and policy analyst, Brooke has spent her entire career helping others grow their agricultural businesses. In her role as the Trade Compliance Manager at Leprino Foods, Brooke helped revolutionize her company’s processes with respect to compliance and accuracy. As the first person to fill this new position at Leprino, Brooke has gone above and beyond. Not only has she defined the role and navigated the difficulties of being the first with grace, she’s created policies to fit Leprino’s unique compliance requirements associated with the cheese and dairy nutrition products that Leprino Foods exports to more than 40 countries across the globe.
via Global Trade Talk https://blog.amberroad.com/blog/brooke-markley-shining-a-spotlight-on-compliance
Imagine you're planning a potluck. Each friend is assigned to bring their specialty - a tasty homemade dish, the centerpiece honeybaked ham, their secret-recipe apple pie - and you, the host, need to coordinate it all. Thing is, one of your friends is in Vietnam. The other is on a cargo ship in the North Pacific. And the only tools you have at your disposal are a fax machine and an Excel spreadsheet that no one else can see. How is your potluck going to be a success?
Of course, that's not how anyone plans a party these days. Individuals can easily communicate and collaborate across borders to share plans and ideas instantly. But creating a digital model for your company's global supply chain is a lot more complex than simply downloading Venmo. You'll need to transform your entire ecosystem and technology stack - no simple task.
Who should be included in your new digital model of your supply chain, what will they contribute and how will that be shared and consumed? What are the benefits?
It's just like a potluck, only a lot bigger. And more complex.
Join ARC Advisory Group and Amber Road for a webinar to discover how you can begin to build a truly digital supply chain.
Wednesday, October 24, 2018 at 2PM EDT
via Global Trade Talk https://blog.amberroad.com/blog/webinar-how-the-digital-model-of-your-supply-chain-is-like-a-planning-a-potluck
Global trade and global trade management are becoming increasingly more complex without the right tools on hand. The solution to navigating the numerous potential complications and their impact on supply chains worldwide has always been technology in the form of a digitized supply chain. If you haven't heard, the big new thing in technology right now is blockchain. But how could this work in the supply chain?
As we delve deeper into blockchain’s potential capabilities and uses, we’ve found that one thing remains the same – blockchain for the supply chain just seems to make sense. In our first whitepaper on blockchain for the supply chain we found that there are a multitude of ways that blockchain could be used, including supplier management and end-to-end visibility. In our second and newest white paper we further explore blockchain’s potential for use with smart contracts and purchase order management.
via Global Trade Talk https://blog.amberroad.com/blog/blockchain-in-the-supply-chain
Last week, international shippers and supply chain experts gathered in Nashville for the CSCMP EDGE Conference to share cutting-edge supply chain solutions and best practices. Top talent from Nike, IBM and Amazon started off the event by exploring what the future of supply chain may look like - and how top brands are approaching their own value chains.
So, what does the future hold for your international supply chain?
An overarching theme this year was the need for true, real-time supply chain visibility, and how to achieve that visibility through some truly transformational technologies like Internet of Things/ IoT, blockchain, and the move to digital platforms. Shippers know they need to adjust to the complexity of today's global trade landscape and are finding innovative ways to automate and digitize their supply chains.
So what are the top strategies to keep in mind?
via Global Trade Talk https://blog.amberroad.com/blog/lessons-learned-at-the-cscmp-edge-conference-amber-roads-recap
One indicator of the impact climate change is making on Vietnam is the migratory shift of inhabitants from the agriculturally-rich Mekong Delta to urban areas. According to government statistics, more than 1.7 million residents have relocated out of the vast expanse of fields, rivers and canals over the last ten years. Natural disasters have vexed the regional farmers trying to make a living of rice, shrimp, and fruit production and harvesting for export. One in-depth study on migration in deltas revealed that climate factors such as extreme floods, cyclones, erosion, and land degradation play a role in making natural resource-based livelihoods more difficult, further encouraging inhabitants to migrate.
via Global Trade Talk https://blog.amberroad.com/blog/eu-vietnam-trade-agreement-underlines-environmental-and-social-considerations
In honor of National Compliance Officer Day, Amber Road will be recognizing one compliance officer weekly from October 3rd through November 4th. With all the changes in trade agreements, product testing and ethical sourcing standards, maintaining compliance in any part of your supply chain is becoming increasingly more difficult. We believe in the magic that compliance professionals bring to their company. Therefore, we are spotlighting Bethany Nelson, the Export Control Coordinator for the University of Wisconsin-Madison.
via Global Trade Talk https://blog.amberroad.com/blog/meet-our-captain-compliance-bethany-nelson
retailers still managed to keep growth going. Their success is in large part related to the technology they use to keep their supply chains running at optimal performance and beat the competition in a tough marketplace. Industry resource Apparel magazine has released its annual “Top 50 Report,” not just listing the most profitable US apparel companies, but shedding light onto how they came out swinging in 2018, despite the industry challenges they faced.
In order to hold a position on this list, retail companies need to exceed $100 million in sales, even though most reach into the billions. As publicly traded US companies, these organizations have demonstrated profit margin increases over the last year, grading them in order of these strides in revenue gains.
Amber Road is proud to congratulate 10 of the Top 50 companies who we also have the honor to serve as customers. These are the companies on this year’s Apparel Top 50 list that are customers leveraging Amber Road’s software solutions for supply chain collaboration and execution:
“Some of these notable names have been long-time customers. The year-over-year performance of these winners is impressive, and we believe software solutions do play a hand in their achievements,” said Cheryl Layne, Customer Success Director for Amber Road. “We have always maintained a customer base of growing apparel and footwear companies and we congratulation them for their hard work.”
via Global Trade Talk https://blog.amberroad.com/blog/apparel-magazines-top-50-closing-high-performance-gap-with-digital
After months of discussion and to-and-fro activity, the US and Canada reached a late hour agreement on a framework for a renewed trilateral trade agreement that will replace NAFTA. The “US-Mexico-Canada Agreement” or USMCA is a “new, modernized trade agreement”, according to the joint statement released on Sunday evening by US Trade Representative Robert Lighthizer and Canadian Foreign Minister Chrystia Freeland — the two top negotiators on USMCA.
via Global Trade Talk https://blog.amberroad.com/blog/the-new-nafta-takes-shape-as-usmca
Drawback Simplification regulations are finally here, and they’re a game-changer for importers and exporters looking to recover duties and fees. Companies can now go back five years for duty drawback claims, but you need a plan. Earlier this month, Amber Road’s Global Trade Academy hosted a webinar with Drawback Specialist Brenda Sweetman to cover these important updates.
via Global Trade Talk https://blog.amberroad.com/blog/duty-drawback-simplification-your-questions-answered
Amber Road recently participated in a seminar on the European Economic Area (EEA) in Brussels and is providing this report on the main outcomes. The seminar allowed Amber Road’s staff of in-house trade specialists who provide up-to-date content to its Global Knowledge® database, to obtain a thorough, first-hand understanding of the Agreement on the European Economic Area (EEA) and how it integrates Iceland, Liechtenstein and Norway into the EU’s Internal Market.
via Global Trade Talk https://blog.amberroad.com/blog/the-importance-of-the-eea-agreement-for-global-business