Geodis Selects Amber Road to Boost Its Trade Compliance Capabilities
October 11 2017 - 9:00AM
Business Wire
Amber Road (NYSE: AMBR), a leading provider of global trade
management (GTM) solutions, today announced that GEODIS, part of
SCNF Logistics, has chosen the Amber Road Export On-Demand solution
to screen third-party trade partners to ensure compliance with
global sanctions and embargo lists.
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As a leading European transport and logistics provider with a
worldwide network, GEODIS is dedicated to maintaining the highest
level of trade compliance. Historically, verification of customers,
partners and transactions was handled semi-independently in each of
GEODIS’ five lines of business, with some oversight by the group
Customs department. As part of its continual drive to improve
standards while increasing efficiency, GEODIS looked for a way to
automate and centralize those processes.
Using the Restricted Party Screening module in Amber Road’s
Export On-Demand solution, GEODIS will be able to transform its
screening processes, replacing numerous disparate and partial
systems with a single system covering its worldwide operations.
“Solidifying our compliance systems allows GEODIS to grow in a
more assured way, as it protects us from risky transactions and
enables us to prove to customers that we are compliant with export
control regulations,” said Bruno Beauvillier, Group Customs and
Export Control Director at GEODIS. “We chose Amber Road because of
its ability to maintain hundreds of lists, and the presence of a
local Amber Road team in France gave us great value in supporting
our decision process.”
GEODIS chose the Amber Road solution in large part because it
provides the most comprehensive, continually updated global
coverage of more than 570 restricted party lists from government
institutions worldwide. Other factors include the ability to
configure the solution to suit GEODIS’ organizational structure and
priorities, reducing false positives and streamlining
validation/rejection decision-making and escalation procedures.
Additionally, as each request and its context are automatically
archived, the solution can provide valuable assistance with
discovery and due diligence processes, enabling GEODIS to document
and validate past decisions.
Jim Preuninger, CEO of Amber Road, commented: “We are seeing a
growing trend of 3PL companies embracing transformative global
trade management solutions that enable them to penetrate new
markets and expand existing markets. To this end, we are very
pleased to add GEODIS to our roster of France-headquartered
customers, an opportunity to leverage our local and international
resources to help this industry leader improve its trade compliance
processes.”
The Amber Road solution is being rolled-out in stages through
the different lines of business, beginning with screening of
priority transactions and partners, and expanding to include new
entities. Within a few weeks of the implementation kick-off in
January 2017, key teams were already using the solution.
About GEODIS
GEODIS is a Supply Chain Operator ranking among the top
companies in the field in Europe and the World. GEODIS, owned by
SNCF Logistics, which in turn is a business line of the SNCF Group,
is ranked as the number four logistics provider in Europe and
number seven at a worldwide level. GEODIS is also listed as a
“Leader” in Gartner’s 2016 Magic Quadrant of Worldwide 3PLs.
GEODIS’ reach includes a direct presence in 67 countries and a
global network spanning over 120 countries. With its five Lines of
Business (Supply Chain Optimization, Freight Forwarding, Contract
Logistics, Distribution & Express, and Road Transport), GEODIS
manages its customers’ Supply Chain by providing end to end
solutions enabled by over 39,500 employees, its infrastructure, its
processes and systems. In 2016, GEODIS recorded €8 billion in
sales. www.geodis.com
About Amber Road
Amber Road’s (NYSE: AMBR) mission is to dramatically transform
the way companies conduct global trade. As a leading provider of
cloud-based global trade management (GTM) software, trade content
and training, we help companies all over the world create value
through their global supply chain by improving margins, achieving
greater agility and lowering risk. We do this by creating a digital
model of the global supply chain that enables collaboration between
buyers, sellers and logistics companies. We replace manual and
outdated processes with comprehensive automation for global trade
activities, including sourcing, supplier management, production
tracking, transportation management, supply chain visibility,
import and export compliance, and duty management. We provide rich
data analytics to uncover areas for optimization and deliver a
platform that is responsive and flexible to adapt to the
ever-changing nature of global trade.
For more information, please visit www.AmberRoad.com, email
Solutions@AmberRoad.com or call 201-935-8588.
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version on businesswire.com: http://www.businesswire.com/news/home/20171011005277/en/
Media ContactVeronika Clough+1
203-820-6061VeronikaClough@AmberRoad.comorAmber Road
ContactsAnnika Helmrich (US & Canada)+1
201-806-3656AnnikaHelmrich@AmberRoad.comorMartijn van Gils (Europe
& Asia)+31 858769534MartijnvanGils@AmberRoad.com
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