Executive Briefings

Screening Solution Expected to Reduce Risk Worldwide for Jacobs Douwe Egberts Coffee, Tea Business

Jacobs Douwe Egberts, in the process of developing a global corporate compliance strategy, has adopted the Amber Road trade management solution to enable restricted-party screening.

Screening Solution Expected to Reduce Risk Worldwide for Jacobs Douwe Egberts Coffee, Tea Business

As one of the world's largest pure-play coffee and tea companies, Netherlands-headquartered Jacobs Douwe Egberts is the center of an extensive global supply chain. It holds market-leading positions in 18 countries, as well as a strong emerging market presence. This adds up to hundreds of thousands of trading partner entities, all of which will be screened by the Amber Road solution.

To start with, all entities will be batch-uploaded to the Amber Road hosted solution and automatically screened for potential matches against more than 300 restricted party lists. The entities will then be constantly monitored against changes in any of the lists. As new trading partners are added, users will be able to activate ad-hoc and batch screening of the new entities.

The restricted party screening solution is part of Amber Road's comprehensive Export On-Demand solution.

Jim Preuninger, CEO of Amber Road, said: "With several of the largest coffee companies in the world already Amber Road customers, we've built a close understanding of the global coffee and tea business, and the specific issues they face in terms of global trade compliance and management."

Source: Amber Road

As one of the world's largest pure-play coffee and tea companies, Netherlands-headquartered Jacobs Douwe Egberts is the center of an extensive global supply chain. It holds market-leading positions in 18 countries, as well as a strong emerging market presence. This adds up to hundreds of thousands of trading partner entities, all of which will be screened by the Amber Road solution.

To start with, all entities will be batch-uploaded to the Amber Road hosted solution and automatically screened for potential matches against more than 300 restricted party lists. The entities will then be constantly monitored against changes in any of the lists. As new trading partners are added, users will be able to activate ad-hoc and batch screening of the new entities.

The restricted party screening solution is part of Amber Road's comprehensive Export On-Demand solution.

Jim Preuninger, CEO of Amber Road, said: "With several of the largest coffee companies in the world already Amber Road customers, we've built a close understanding of the global coffee and tea business, and the specific issues they face in terms of global trade compliance and management."

Source: Amber Road

Screening Solution Expected to Reduce Risk Worldwide for Jacobs Douwe Egberts Coffee, Tea Business