Amber Road, a leading provider of global trade management (GTM) solutions, today announced it has been selected by the Kahala Posts Group (KPG), an alliance of 10 postal administrations around the world, to increase their competitiveness in the international delivery market. KPG member organizations include the Australian Postal Corporation, China Post Group, Correos y Telegrafos SAE, Groupe La Poste, Hongkong Post, Japan Post Co., Ltd., Korea Post, Royal Mail Group, Ltd, Singapore Post Limited and the U.S. Postal Service.
In the agreement signed with the International Post Corporation (IPC) Group acting on behalf of KPG, Amber Road’s GTM solutions will help KPG members by enabling them to offer additional international trade tools and services to their customers.
Manufacturers can spend almost 50 percent of revenue on purchasing parts alone, which places low-cost sourcing at the top of any business strategy. To maximize your company’s savings, look no further than free trade agreements (FTAs).
FTAs allow your company to source from countries that have agreed to reduce their export duties with whatever country you are trading from, in turn reducing your landed costs.
Navigating these agreements can be tricky, however. You’ll often need a certificate of origin, as well as a Trade Program certificate, to prove a claim. You may also want the ability to compare your potential savings from several vendors as part of a multi-sourcing strategy. Lost already? Check out these 5 tips for using FTAs in your supply network, from Amber Road’s VP of Global Trade Content Anthony Hardenburgh.
“Armed with the right process and supporting technology, your company can achieve the next level of low cost country sourcing in your global operation,” Hardenburgh notes. Indeed, automating the FTA process can reward your company with significant savings and save you more than a few documentation headaches.
Has your organization taken advantage of an FTA to reduce your landed cost?
Time is running out to take advantage of Amber Road’s special rate at the beautiful Fairmont Hotel for eVOLVE 2012. Book by Wednesday, September 19 to receive our group rate of $299 a night. Don’t add a commute to your eVOLVE 2012 calendar—book today!
Click here for more information and to register for eVOLVE.
Under Secretary of the Bureau of Industry & Security Announced as Keynote Speaker at Amber Road’s User Conference
Amber Road is pleased to announce that Eric Hirschhorn, Under Secretary of the U.S. Commerce Department’s Bureau of Industry and Security (BIS), will be a keynote speaker at our annual user conference, eVOLVE 2012! He will be providing an update on export reform.
Other confirmed speakers include William McNeill (with the Gartner Group), and several Amber Road customers: Abercrombie & Fitch, GE Healthcare, General Mills, Leggett & Platt, Levi Strauss & Co., NetApp, New York University, Quantum Corporation, and Sherwin Williams.
eVOLVE 2012 will be a great opportunity for customers to learn about new product and service initiatives, exchange best practices with other users, and gain tips on how to maximize your GTM investment. Attendees will be able to choose from five different specialty tracks.
Click here for more information or to register. We look forward to seeing you in October!
Getting started as an exporter can be overwhelming – we’re here to help! Join Amber Road and the U.S. Census Bureau on Tuesday, August 21 at 2pm EDT for a complimentary webinar targeted at new exporters. During Understanding the Key Elements of Exporting: How to Get Started, we will show you what resources are available to help you:
Identify top and emerging markets
Monitor foreign competition
Analyze time series data
Obtain values and growth rates
Utilize technology to automate the export process
Speakers will include:
Katrina Rosen, Foreign Trade Division, U.S. Census Bureau
Scott Byrnes, VP of Marketing, Amber Road
Learn how technology can help create a competitive advantage for your company. Register today!
The recently ratified Free Trade Agreements with South Korea, Colombia and Panama will usher in a new level of trade activity with these countries as well as a new set of challenges for qualification. Join WIT-NC and Amber Road in an enlightening update on managing Free Trade Agreements for the most impact to your organization.
Kristine Bols, Director of Content from Amber Road will provide in-depth information on the recent rules and regulations for the latest FTA developments.
Sanjeev Williams, Product Manager from Amber Road will discuss the technology options for corralling this within your organization in an efficient and effective manner with budget impacting results.
Don’t miss this jam packed hour on the most up to date information on Free Trade Agreements!
eVOLVE 2012 will be a great opportunity for Amber Road customers to exchange best practices with other users, provide feedback on product evolution, discover new products and initiatives, and hear about the latest developments in GTM from industry leaders such as William McNeill with the Gartner Group.
eVOLVE 2012 is an invite only event exclusive to Amber Road customers, partners and invited speakers. Register before June 30 to receive a 15% discount off the regular conference fee with our Early Bird Registration special.
Click here to register and to learn more about the eVOLVE 2012 conference. We hope to see you in October!
With the May 14th presidential proclamation putting the US-Colombia free trade agreement into force, it has never been more critical for GTM software users to understand the importance of the trade content that powers their solutions. Because FTAs specify changes in rules of origin and HS codes, it is important that organizations using global trade management software ensure that their vendor made the appropriate updates to the underlying trade content and put them in place immediately.
By having access to these trade content updates, organizations are able to find potential reductions in landed costs due to preferential treatment as of the effective date. Supply chain managers should be able to run scenarios that reflect preferential rates as they make sourcing decisions.
To learn more, click here to read the Supply Chain Digest article written by Anthony Hardenburgh, Vice President of Global Trade Content at Amber Road.
Join Amber Road and American Shipper on Wednesday, June 20 at 2pm EDT for a webinar that will discuss findings from the second annual Import Operations & Compliance Benchmark Study, published by American Shipper and BPE Global. Key topics will include:
- Regulatory compliance policies and practices
- Import operations management and outsourcing
- Supporting technologies solutions and functionality