Executive Briefings

Food & Beverage Company Realizes Significant Savings with FTAs

Challenge: A leader in the food and beverage industry, this company operates stores throughout the world. Additionally, the company provides food services via grocery channels, restaurants, and hotels. The company was operating with manual processes in key functions including Free Trade Agreements. These processes were no longer adequate as they faced continued international growth.

Solution: The company selected Amber Roads Trade Agreement Management solution to offset duty expenses on global shipments. The solution automates their solicitation and management of qualification data from suppliers. By automating and streamlining the FTA process, the company is now able to take advantage of significant duty savings while minimizing the associated effort.

Results: - Time savings: time spent on supplier solicitation was reduced from fifteen hours to minutes - Realized millions of dollars in free trade gains: NAFTA CA: Over $3M; NAFTA MX: Over $4M; NAFTA US: Over $1M; CAFTA: Over $500K; GSP: Over $200K.

About the Solution Provider: Amber Road provides a single, on-demand software platform that automates and streamlines global trade. By helping organizations comply with country-specific trade regulations, as well as plan, execute and track global trade, Amber Road enables goods to flow unimpeded across international borders in the most efficient, compliant and profitable way.

Web: www.amberroad.com

Email: solutions@amberroad.com

Phone: 1 201 935 8588

Solution: The company selected Amber Roads Trade Agreement Management solution to offset duty expenses on global shipments. The solution automates their solicitation and management of qualification data from suppliers. By automating and streamlining the FTA process, the company is now able to take advantage of significant duty savings while minimizing the associated effort.

Results: - Time savings: time spent on supplier solicitation was reduced from fifteen hours to minutes - Realized millions of dollars in free trade gains: NAFTA CA: Over $3M; NAFTA MX: Over $4M; NAFTA US: Over $1M; CAFTA: Over $500K; GSP: Over $200K.

About the Solution Provider: Amber Road provides a single, on-demand software platform that automates and streamlines global trade. By helping organizations comply with country-specific trade regulations, as well as plan, execute and track global trade, Amber Road enables goods to flow unimpeded across international borders in the most efficient, compliant and profitable way.

Web: www.amberroad.com

Email: solutions@amberroad.com

Phone: 1 201 935 8588