Today, the benefits of sourcing from low-cost countries and selling into new foreign markets are driving the vast majority of enterprise-class companies to go global. However, this globalization has led to increasingly complex supply chains with longer lead times, more pipeline inventory, and the need to control downstream and upstream logistics.
Receive this latest eBook from Amber Road, Three Ways You’re Throwing Away Money in Your Global Supply Chain. This expert eBook discusses areas in the supply chain that companies may be losing money, and uncovers strategies to prevent this loss.
Key takeaways include:
How to reduce expedited shipments with better planning and supply chain visibility
How to avoid detention and demurrage fines
How to communicate efficiently with trading partners
Learn how companies such as Abercrombie & Fitch, Glazer’s Family of Companies, and Bunzl Distribution USA have implemented strategies to improve their supply chain operations – download Amber Road’s eBook today!
Amber Road CEO Jim Preuninger is highlighted as a new expert contributor in Supply Chain Digest magazine with a bylined article on Supporting the Segmented Supply Chain with GTM Solutions.
Those organizations that are proving to be successful at supply chain segmentation are able to meet the demands of their different customer segments without excessively increasing costs. One method to achieve this is to use a common platform, such as a portal, to ensure that parties along the entire supply chain can share information and eliminate errors that could slow shipments. – Jim Preuninger, CEO, Amber Road
At last year’s CSCMP conference, Scott Byrnes, VP Marketing at Amber Road, was interviewed by SupplyChainBrain on The Pain and Gain of Global Supply Chains. The video is now live on SupplyChainBrain’s website. Please check it out.
There’s plenty of opportunity for companies looking to globalize their supply chains, but they also must understand the challenges involved. – Scott Byrnes, VP Marketing at Amber Road
Why: To learn what best-in-class companies are doing to deliver continuous improvement and address the top problems of globalization and complexity. This will be a follow-on webinar to the AberdeenGroup’s September 2011 study. Join the AberdeenGroup, Levi Strauss & Co., and Amber Road as we highlight findings from the research and make tighter connections between capability and financial /service results across supply chain visibility, integrated transportation and global trade.
You’ll also hear from Levi Strauss & Co. on the solutions and best practices they are rolling out in support of the growing global reach of their supply chain.
Join us to learn what best-in-class companies are doing to deliver continuous improvement and address the top problems of globalization and complexity. Reserve your spot today!
New Name Marks Continued Growth and Evolution for Global Trade Management Leader
Management Dynamics, a leading provider of Global Trade Management solutions, today announced that it has changed its name to Amber Road. The name change comes during a year of rapid expansion, marked by a 40% growth in employees, a 325% increase in European bookings, and the opening of a flagship office in Tysons Corner, Virginia. This breakout year is anchored by a 33% compound annual growth rate (CAGR) in overall revenue for the past decade.
“Today, our SaaS-based solutions span fourteen software products that include global transportation management, import/export compliance, supplier management, supply chain visibility and a content knowledgebase covering trade regulations and tariffs for more than 120 countries, “ said Jim Preuninger, CEO.
Management Dynamics congratulates all the companies ranked in the top ten of The Gartner Supply Chain Top 25 for 2011: Apple, Dell, P&G, RIM, Amazon, Cisco, Wal-Mart, McDonald’s, PepsiCo and Samsung. Six of these companies listed use our solutions to automate their global trade management processes.
“We’re proud to be associated with these leading companies and we continue to be impressed by their innovative use of our solutions. The results are a testament to the fact that global trade management solutions, when combined with forward-thinking supply chain strategies, can have a measurable impact on return on assets (ROA), revenue growth, and competitive advantage,” said Jim Preuninger, CEO of Management Dynamics.
American Shipper will be hosting a webinar that will address the findings from the recent Import Operations & Compliance Benchmark Study: Risky Business, published by American Shipper and BPE.
Are you looking for quality employees to staff your supply chain department? You may have better luck if you can offer summer hours, according to a survey conducted by LifeWork Search, a search and recruitment organization that specializes in supply chain planning and procurement.
A summary of the survey findings appear in Material Handling & Logistics’ article, Supply Chain in the Summertime. The article reports that 46% of survey respondents cited summer hours as the most important non-monetary benefit for employees, followed by an extra day off, a company outing, and a casual dress code.
“We’re starting to see a lot of companies put wellness and associated programs in place to help employees balance the challenges of work and life,” says Jason Breault, managing director of LifeWork Search. “More companies are coming to the realization that healthy-minded employees are more productive employees. We are constantly being asked by hiring managers what they should put in place to make their environment friendlier.”
Management Dynamics’ CEO, Jim Preuninger, was featured as an IT Thought Leader in last month’s issue of Inbound Logistics. In the feature, Mr. Preuninger discusses trending topics such as the role of technology in the optimization of global supply chains, and steps to simplify the import or export process.
These [global trade management software] tools provide an immediate and visible return on investment, enabling companies to reduce costs, improve operations, shrink manual data entry errors, facilitate cross-border movements, and improve customer service. In addition, reducing cycle times, eliminating bottlenecks, improving distribution networks, lowering out-of-stocks, and determining the best way to ship freight can also lower emissions, an ecological goal for many companies.
He also offers some sound advise for companies who may be looking to take the next step toward globalization:
Companies no longer have to take on all facets of international trading at once. And with the advent of cloud computing, otherwise known as Software as a Service (SaaS), companies can collaborate with trading partners around the globe with minimal start-up costs and headaches using a pay-as-you-go model.
Management Dynamics exhibited at the ICPA Annual Conference last month in Phoenix, AZ. We had a great time interacting with people at the booth, attending the sessions, and attending our Networking Dinner at the Compass Arizona Grill. Check out our pictures below!
Supply Chain. This expert eBook discusses areas in the supply chain that companies may be losing money, and uncovers strategies to prevent this loss.
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