Reduce Logistics Costs, Duties, Fees and Taxes

Product Claim Details and Storage

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Issues and Challenges

Identifying a potential trade agreement for a product is not enough to fully exercise an agreement's claim. Companies submitting the claim are required to provide supporting information and documentation. This includes specific details about product qualification (preference criteria, COO, etc.), product information and specific certificates of origin. This information varies from one agreement to another and can be difficult to manage and monitor within one product repository.

 

How Amber Road Can Help

Amber Road's Trade Automation solution provides a supporting page behind every agreement. This supporting page contains the specific "claim details", or data elements required to make a preferential claim for that specific agreement. By storing documentation in a central location, companies can better manage the agreement qualification process and respond quicker for any auditing purposes.

 

Features Benefits

Claim Details

Display and manage required fields for each agreement
Utilize details for repetitive use during the effective period of the claim
Automatically populate claim details by BOM qualification or directly from supplier input from Campaign Management                                                                                                                                    
View historic claim details and manage for future distribution to downstream partners

Certificates of Origin

Generate supporting certificates of origin
Map required product claim details directly to the certificate form

Central GPM and Transactional Usage

Manage claim details centrally for each product
Generate certificates based on products and transactions

Duty Management

Free trade agreements such as NAFTA, CAFTA and others represent an attractive opportunity for exporters to grow their business overseas by making their products more affordable in growing markets. And for importers, FTAs allow them to dramatically lower the duties and taxes they pay.

Today there are more than 500 free or preferential agreements around the world for companies to use.

Customer Testimonial: Benjamin Moore

Peter Shea, Senior Manager, Customs Import/Export Compliance at Benjamin Moore, discusses how they have automated the NAFTA qualification process with Amber Road.

Benjamin Moore achieved more progress in four months than in the past 15 years, making a huge impact on their business and impressing the COO. Interested in achieving those same results? Learn more about saving on duties through free trade agreements.

 

KEY CUSTOMERS

DonaldsonHayworthMary KayNCRXylem

“By automating the NAFTA qualification process, generating accurate trade documentation to maintain export compliance, and taking advantage of preferential duties, we save $1.2 million in duties and taxes.”

 

Project Manager Global Logistics, Trade and Compliance
Haworth, Inc.

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CASE STUDY

Haworth
Streamlines NAFTA Compliance
with Amber Road

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SOLUTION BROCHURE

Trade Agreement
Management

Capabilities for
Managing FTAs

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Global Trade Minute #3 - Duties versus Tariffs

While often used interchangeably, duties and tariffs are not the same. Take a minute to learn the difference -- it will help you identify cost savings opportunities within your supply chain!