Subscribe to our free, weekly email newsletter!



Meeting the Challenges of Global Retailing


January 09, 2013

Retailers are facing unprecedented challenges as they respond to rapid shifts in consumer behavior and economic forces. The recession, rising fuel and food prices, along with government-imposed austerity measures have decreased discretionary spending worldwide just as many retailers plan to open new bricks and mortar stores. Meanwhile, the rapid rise in online shopping has many retailers scrambling to broaden their business practices to the Internet.

Tapping into new and emerging markets and embracing e-commerce is crucial to continued retail growth. In particular, US retailers that are aggressively trying to grow their business outside the US must understand the global trade and compliance implications of opening stores and shipping goods to international locations.

A global trade management (GTM) system can streamline and automate the business processes associated with conducting global trade, including admissibility reviews, restricted party screening and landed cost calculations.

This eBook examines three distinct challenges faced by today’s retailers and how a global trade management system from Amber Road can help them succeed.



Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Shippers and other ocean cargo carrier stakeholders should be cheering the announcement made today by The U.S. Coast Guard, as it formally notified the International Maritime Organization through a Declaration of Equivalency that the United States position on SOLAS is that there are multiple methods to submit the combined cargo and container weight (Verified Gross Mass or VGM).

The proposed $4.8 billion acquisition of TNT Express N.V. by FedEx took a major step closer to becoming official today, with the company and TNT announcing today that they have received unconditional approval of the offer from the Ministry of Commerce People’s Republic of China (MOCFCOM).

March shipments at 798,180 trailed February by 12 percent and were down 19 percent annually. For the entire first quarter, shipments were relatively flat annually, rising 0.27 percent to 2,587,988.

OCEMA says it has placed a priority on working with other stakeholders to find operational solutions that will help U.S. exporters, carriers, and marine terminals prepare for the implementation of the SOLAS Verified Gross Mass (VGM) rule.

The first quarter is typically the slowest period of freight demand for LTL carriers. With a few notable exceptions, that was reflected in first quarter earnings reports of the major publicly held LTL carriers.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA