“Every organization at the border needs to follow certain success factors for seamless collaboration through an intelligence-led approach by using technology and analytics that can filter right data, as well as mobile real-time inspection processes that increase speed and value of information at the point of trade,” said Brian Moran, Global Managing Director, Public Services [...]
Managing the flow of goods, information, and money across borders is a highly complex, regulated, and dynamic process—and becoming more so every day! Therefore, companies can no longer rely on manual processes to manage their global trade operations, which is why the Global Trade Management (GTM) systems market is one of the fastest growing segments [...]
There are thousands of stories, many of which we’ve read here at China Law Blog, of companies attempting to sell into China before understanding the legal and regulatory environment for their product. Importing into China is one of these often-overlooked areas, specifically, the rules and regulations as they apply to individual products. In my experience, [...]
In December 2012, the US Department of Justice (DOJ) announced a $45 million settlement with an importer of pigment used in ink manufacturing. The importer had been charged with misdeclaring the country of origin of the pigment. The issue was whether certain intermediate processing operations were sufficient for the imported product to be declared as [...]
Locking down contracts and auditing are absolutely key, say security experts Over the years, organisations have outsourced a wide range of services, generally because third parties can manage them more efficiently and cost-effectively than they can themselves. As a result, security and regulatory requirements have increased substantially. For IT departments, securing information in the supply [...]
Small businesses are often the heartbeat of local economies. But could some of your best customers be waiting overseas? Outside of governments and multinational corporations, international trade was, until recently, a discipline that most small businesses didn’t dare attempt. Paperwork, fees, regulations, tariffs, language barriers: keeping a business afloat is hard enough without piling on [...]
As forecasters continue to downgrade their near-term projections for the global economy, many countries are stepping up efforts to conclude new trade agreements with key commercial partners. In just the past four months, the United States has announced that it wants to reach a free trade accord with the European Union, Japan has joined the [...]
Governments are facing a series of “convergence challenges” on the future of the international trading system, according to a report issued on Wednesday by a 12-member panel convened by WTO Director-General Pascal Lamy. The report – which was issued under the Director-General’s own responsibility – marked the conclusion of a process that was announced at [...]
A new ICC Commission on Customs and Trade Facilitation held its first meeting in Paris this week, establishing an agenda to expand the trade facilitation work undertaken by the former ICC Committee on Customs and Trade Regulations to include international multi-modal transport and logistics issues. Providing a global, cross-sector business forum, the consolidated commission seeks [...]
On a smarter planet, leading companies know the true costs of global business. Global sourcing can lower costs and boost profits. But procuring goods and services from around the world comes with its own set of risks. How do smarter organizations find success in a recovering global economy? By being flexible and adaptable with the [...]
New Study from The Hackett Group: Manufacturers Abandoning Outsourcing To Drive Down Costs, Shifting Focus to Internal Operations, Supply Chains US manufacturers are targeting an aggressive 1.5 percent reduction in cost of goods sold (COGS) for 2013 in an effort to drive margin growth, according to a new study from The Hackett Group, Inc. With [...]
Canada is beginning to experience gaps between what global commerce requires for success and what the country’s workforce can supply, according to the study International Trade Workforce Strategy – Report of the FITT Human Resources International Trade Sector Study spearheaded by FITT. One gap is a shortfall of the number of people in many occupations [...]
There is no strong link between the clustering of Canada’s manufacturing industries and their economic performance on a sector-wide basis, according to a report released today by the C.D. Howe Institute. In “Strength in Numbers? The Weak Effect of Manufacturing Clusters on Canadian Productivity,” author Kristian Behrens finds instead that increases in trade, whether imports [...]
This complimentary one-hour webinar, presented by F. Gordon Lee of Nossaman LLP, is designed to provide importers, customs brokers, freight forwarders and the international trade community with practical thoughts and ideas on how to effectively deal with many issues that arise when importing into the United States and dealing with United States Customs and Border Protection. Topics covered during [...]
The buzz over BRICs (Brazil, Russia, India and China) may have been replaced by news of CIVETS (Colombia, India, Vietnam, Egypt, Turkey ans South Africa), but opportunities still abound in all these countires, Make sure you’re ready to begin trading with these busy markets- join I.E.Canada for its upcoming international webinars. Sign up for one [...]
Business as usual is no longer good enough to stay competitive. Today’s procurement organizations must deliver value immediately, offset risk and develop game changing strategies on their journey to procurement excellence. By buying smarter, today’s leading CPOs are delivering sustainable savings of up to 8% of revenue. Download the white paper Journey to Procurement Excellence [...]
Last Chance for Free Coffee! It’s not too late to participate in Amber Road’s survey on companies’ export compliance readiness! The survey will remain open for one more week. All participants will receive a complimentary copy of the resulting benchmark report. Your answers will be kept strictly confidential. To show their appreciation for your involvement, all participants [...]
The region of Upstate New York, next door to Ontario, is dividing along trade lines: into businesses that export and those that do not. A new study of the region’s top 30 publicly traded companies shows clear evidence of a two-track economy, with a widening gap in revenue growth between companies that have expanded abroad [...]
Supply chain managers monitor shipments around the globe, which brings added complexity of moving goods across international borders. Yet many companies today are still managing this process manually. Amber Road’s eBook, “Three Common Global Supply Chain Issues that Affect Your Bottom Line,” can help you highlight ways you may be losing money without an automated [...]
American Association of Exporters and Importers (AAEI) Seminar Date: Wednesday, March 20, 2013 Location: Arent Fox | 1717 K St. NW | Washington, DC Panel Topics include: • OGA Trusted Trader Programs • Food and Drug Safety and Innovation Act • Pharmaceuticals, Health & Chemicals Center for Excellence & Expertise • U.S.-EU Mutual Recognition Agreement [...]
